Terms of Use and Disclaimer

These terms of use and disclaimer (the “Terms of Use and Disclaimer”) apply to the use of this website (the “Website”). Please read these Terms of Use and Disclaimer carefully before using this Website as they contain important information that you should be aware of before using information contained with this Website.

By accessing and browsing this website you agree to these terms of use and disclaimer with Osum Oil Sands Corp. (the “Company”). If you do not agree to all of these Terms of Use and Disclaimer, please stop using this website immediately.

The Company may revise and update these Terms of Use and Disclaimer at any time without notice. Please periodically review the Terms of Use and Disclaimer posted on this Website. Your continued usage of this Website will mean acceptance of those changes.

The information provided through this Website is intended solely for the general knowledge of visitors to this Website and does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of the Company. The information on this Website is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to the Company and should not be used for the purpose of making investment decisions concerning securities of the Company.

Currency and Accuracy of Information

Although the Company makes reasonable efforts to ensure that the information provided through this Website is current and accurate, the Company makes no representations or warranties as to the accuracy, reliability, completeness or timeliness of such information.

Certain documents and other materials on this Website speak only as of the dates on which such documents and materials were filed or otherwise used by the Company. The contents of such documents or materials may become out-of-date, and the Company makes no commitment and disclaims any duty to update those documents and materials, except as required by applicable law.

Links to Third Party Sites

This Website contains links to third party sites. These links have been provided solely as a convenience for users of this Website and do not constitute an endorsement by the Company or any of its subsidiaries or affiliates of the content of such third party sites. Links to this Website may also be provided from other sites either known or unknown to the Company or any of its subsidiaries or affiliates. Access to any other Website linked to or from this Website is at your own risk. The Company, or any of its subsidiaries or affiliates, has not reviewed and is not responsible for the content of any third party sites linked to or from this Website and does not make any representations regarding the content or accuracy of materials on such third party sites.

Copyright, Trademarks and Use

This Website and its contents are protected by copyright, trademark and other proprietary rights of the Company, its subsidiaries or affiliates, or third parties. Except as expressly permitted in these Terms of Use and Disclaimer, no portion of this Website or its contents, including trademarks, logos and service marks, may be reproduced in any form, or by any means, without prior written permission from the Company, its subsidiaries or affiliates, or the applicable third party and nothing herein shall be construed as conferring by implication, estoppel or otherwise, any license or right under or to any intellectual property, including patent, trademark or copyright of the Company, its subsidiaries or affiliates, or any third party.

You are not permitted to modify copies of any materials from this Website, nor delete or alter any copyright, trademark, or other proprietary rights notices from copies of materials from this site. You must not access or use for any commercial purposes any part of this Website or any services or materials available through this Website.

You will use this Website and any other content or information found on this Website solely for lawful purposes. You shall not upload to, distribute to or otherwise disseminate through this Website any material or information of any kind that is libellous, defamatory, obscene, pornographic, abusive or otherwise violates any law or infringes or violates any rights of another person or entity, or contains a solicitation of funds, advertising or a solicitation for goods or services. You will be solely responsible for the content of any material or information that you make available through this Website. You will also be liable for any loss or damage resulting, directly or indirectly from you making any material or information available through this Website.

Forward-Looking Statements

This Website may contain statements that may constitute “forward-looking statements” within the meaning of applicable securities legislation (collectively, “Forward-Looking Statements”). These Forward-Looking Statements include, among others, statements regarding business strategy, beliefs, plans, goals, objectives, assumptions or statements about future events or performance. By their nature, Forward-Looking Statements are subject to numerous risks and uncertainties, some of which are beyond the Company’s control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, environmental risks, competition from other industry participants, lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. For a full discussion of the Company’s risk factors, see “Risk Factors” in the management’s discussion and analysis in our most recent annual report available on this Website.

Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect and, as such, undue reliance should not be placed on Forward-Looking Statements. Actual results, performance or achievement could differ materially from those expressed in, or implied by any Forward-Looking Statements on this Website and, accordingly, no assurance can be given that any of the events anticipated by the Forward-Looking Statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom. The Company disclaims any intention or obligation to update or revise any Forward-Looking Statements, whether as a result of new information, future events or otherwise.

Reserves

Except where noted to be from another source, the reserve estimates on this Website were extracted from reports prepared by GLJ Petroleum Consultants Ltd. (“GLJ”), an independent professional petroleum engineering firm, in accordance with the definitions, standards and procedures contained in the Canadian Oil and Gas Evaluation Handbook (COGEH), with the exception that data pursuant to the Curtailment Rules not available as at December 31, 2018 was considered when estimating allowable bitumen production for 2019 in the evaluation of reserves and resources estimates at December 31, 2018. Reserves are classified according to the degree of certainty associated with the estimates. Proved reserves are those reserves which can be estimated with a high degree of certainty to be recoverable. Other criteria that must also be met for the categorization of reserves are provided in the COGEH. The preparation of an evaluation requires the use of judgement in applying the standards and definitions contained in the COGEH. As the Company’s independent reserve evaluator, GLJ applies those standards and definitions based on its experience and knowledge of industry practice. However, because the application of the standards and definitions contained in the COGEH requires the use of judgement there is no assurance that governing securities regulator(s) will not take a different view than GLJ as to some of the determinations in an evaluation. Unless otherwise stated, all figures presented on this Website are in Canadian Dollars.

Termination

The Company may terminate your use of this Website if you have used this Website in any way that is contrary to law, these Terms of Use and Disclaimer, or in any way that disrupts this Website.

Disclaimer and Exclusion of Liability

You agree that your use of this Website (including downloading any materials from this Website) is at your sole risk and is provided by the Company on an “as is” and “as available” basis without any warranties of any kind whether express or implied.

To the fullest extent possible pursuant to applicable law, the Company disclaims all warranties, express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purposes, non-infringement or other violation of rights. The entire risk arising out of use, performance or non-performance of this website remains with you.

Exclusion and Limitation of Liability

In no event shall the Company, its subsidiaries and affiliates and their respective directors, officers, employees, contractors, agents or suppliers (the “Company Parties”) be liable to you or any third party for any direct, consequential, special, incidental, indirect or punitive loss or damage of any kind arising out of or in connection with the use or inability to use this Website and/or any breach of the Terms of Use and Disclaimer, including but not limited to, loss of profiles, loss of business or goodwill, loss of use, business interruption, personal injury, death, loss of data or any other pecuniary loss, even if such parties or any one of them have been advised of the possibility of such loss or damage or any claim by any third part.

Without limiting the generality of the foregoing, if you are dissatisfied with any portion of this Website, or with any of the Terms Of Use and Disclaimer, your sole and exclusive remedy is to discontinue using this Website.

We cannot and do not guarantee or warrant that files or data available for downloading from the internet or this Website will be free of viruses or other destructive code. You are solely and entirely responsible for your use of this Website and your computer, internet and data security. To the fullest extent provided by law, we will not be liable for any loss or damage caused by denial-of-service attack, distributed denial-of-service attack, overloading, flooding, mailbombing or crashing, viruses, Trojan horses, worms, logic bombs, or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of this Website or any services or items found or attained through this Website or to your downloading of any material posted on it, or on any website linked to it.

Indemnification

You agree to indemnify and hold each of the Company Parties harmless from all claims, liabilities, damages, losses, including reasonable legal fees and expenses, due to or arising out of your use of this Website or your breach of the this legal disclaimer.

Invalidity of Provisions

If any provision or provisions of the Terms of Use and Disclaimer shall be held to be invalid, illegal or unenforceable, such provision shall be enforced to the fullest extent permitted by applicable law, and the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

Governing Law

These Terms of Use and Disclaimer shall be governed by the laws of the Province of Alberta and the federal laws of Canada applicable therein, excluding the conflict or choice of law provisions. You agree to comply with all applicable laws and regulations in your use of this Website, including all applicable federal, provincial and local laws, and, if your reside outside of Canada, the laws of the country where you reside. If you access this Website from outside of Canada, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. Any dispute arising out of the use of this Website or these Terms of Use and Disclaimer shall be governed by the laws of the Province of Alberta, Canada. You agree to submit to the non-exclusive jurisdiction of the courts in the Province of Alberta, Canada.

Headings

The headings contained herein are for convenience of reference only and shall not form part of the Terms of Use and Disclaimer. Such headings shall be ignored in the interpretation or construction of any of the Terms of Use and Disclaimer.

Entire Agreement

The Terms of Use and Disclaimer, which may be modified from time to time, including any documents referenced herein and any other applicable terms and conditions contained on this Website, constitute the entire agreement between the Company and you pertaining to your use of this Website. The Company’s failure to enforce any provision of the Terms of Use and Disclaimer shall not be construed as a waiver of such provision.

Assignment

The Terms of Use and Disclaimer shall bind and enure to the benefit of both parties and their respective successors, heirs, executors, administrators, personal representatives and permitted assigns. You shall not assign your rights or obligations hereunder.

Privacy Policy

By using this Website, you agree to be bound by the Company’s Privacy Policy.

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