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Forward-Looking Statements

Certain information included in this website, including information relating to future

financial or operating performance and other statements that express management's

expectations or estimates of future performance or future events, constitute "forward-

looking statements." All statements other than those of historical fact may be

forward-looking statements, often, but not always, identified by the use of words such

as “anticipate”, “budget”, “plan”, “continue”, “seek”, “estimate”, “expect”, “forecast”,

“may”, “will”, “project”, “potential”, “targeting”, “intend”, “could”, “might”,

“should”, “believe” and similar words suggesting future outcomes or statements

regarding an outlook. Such forward-looking statements include, without limitation,

(i) estimates regarding timing of future capital expenditures; (ii) interpretation of

implications of drilling and geophysical results; and (iii) estimates of future costs

towards profitable commercial operations. The expectations, estimates, projections

and beliefs of the Company reflected in these forward-looking statements are

expressed in good faith and believed to have a reasonable basis as of the date hereof.

However, forward-looking statements are subject to known and unknown risks,

uncertainties and other factors, which could cause actual results or events to differ

materially from future results expressed, projected or implied by such forward-

looking statements. Accordingly, undue reliance should not be placed on forward-

looking statements. Such risks include, but are not limited to, geological uncertainty,

metals price volatility, currency fluctuations, variances in ore grade or recovery rates

from those assumed in mining plans, ore processing, the ability to successfully

integrate acquired assets; political and operational risks inherent in mining or

development activities, and legislative factors relating to prices, taxes, royalties, land

use, title and permits, importing and exporting of minerals and environmental

protection and other risks and factors described in the Company’s filings with

Canadian securities regulators. The forward-looking statements contained herein are

made as at the date hereof and the Company does not undertake any obligation to

update publicly or revise any such forward-looking statements or any forward-looking

statements contained in any other documents whether as a result of new information,

future events or otherwise, except as may be required under applicable securities law.

© Copyright 2008 FNX Mining Company Inc., All rights reserved.