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The purpose of the corporation is to prepare reports, studies, submissions and other documentation and to conduct research with respect to matters of importance to the gold industry and the members of the corporation. The corporation shall not solicit proxies or otherwise assist or coordinate shareholder action in connection with any publicly-traded companies, engage in activities that would result in the members being considered to constitute a shareholder "group" under applicable securities laws, or make recommendations on matters to be voted on at any meeting of shareholders of a publicly-traded company.

Research Disclaimer

The publications have been prepared with all reasonable care and the information contained in these publications, including statistical data, have been obtained or derived from sources which Shareholders’ Gold Council (“SGC”) believes to be reliable. However, the accuracy and/or completeness of the information contained herein is not guaranteed by SGC and no responsibility or liability is accepted by SGC for any errors, omissions or misstatements in this publication however caused.   SGC relies on data from third party providers in preparing this publication.  SGC cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of the information contained herein. SGC and each of its members and their affiliates, and their respective directors, officers, agents, employees and consultants, exclude all liability whatsoever, in negligence or otherwise, for any loss or damage relating to this publication, any of SGC’s other publications, its website, or other content. The reader of this publication bears responsibility for his/her own investment research and decisions and should seek the advice of a qualified investment advisor and investigate and fully understand any and all risks before making an investment decision.  Any opinions set out in this publication reflect the judgement and assumptions of SGC as at the date of publication. The information and any opinions presented herein are subject to change without notice, and neither SGC nor its members or their affiliates, or their respective directors, officers, agents, employees or consultants, assume any responsibility to update such information or opinions.  This publication is for information purposes only and is not intended to be, and should in no way be construed as, a solicitation to buy or sell any security. The members of SGC or their affiliates, and the directors, officers, employees or consultants of SGC and its members or their affiliates, may own securities of or may have participated in the financings of some or all of the companies mentioned in this publication. This publication may not be reproduced in whole or in part without the express prior written consent of SGC.