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THERE ARE SIGNIFICANT RISKS ASSOCIATED WITH PARTICIPATING IN OIL AND GAS VENTURES, INCLUDING THE POSSIBILITY OF LOSS OF ALL FUNDS PROVIDED FOR SUCH PARTICIPATION. ALL THE MATERIAL ON THIS WEBSITE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT A SOLICITATION TO BUY OR AN OFFER TO SELL ANY SECURITIES. ANY SUCH SOLICITATION OR OFFER WILL ONLY BE MADE THROUGH A PRIVATE PLACEMENT MEMORANDUM PREPARED IN ACCORDANCE WITH SEC REGULATION D. IN ADDITION, THE MATERIAL ON THIS WEBSITE IS NOT INTENTED TO BE INDIVIDUAL TAX ADVICE. CONSULT YOUR PERSONAL TAX ADVISOR CONCERNING THE CURRENT TAX LAWS AND THEIR APPLICABILITY AND EFFECT ON YOUR PERSONAL TAX SITUATION. ALSO, SOME OF THE MATERIAL PROVIDED ON THIS WEBSITE IS GATHERED FROM INDEPENDENT THIRD PARTIES. SUCH INFORMATION HAS BEEN REPRESENTED AS ACCURATE, BUT GRANITE RESOURCES MAY NOT HAVE BEEN ABLE TO VERIFY THE ACCURACY OF SUCH INFORMATION AND IS NOT LIABLE FOR ANY LOSS OR DAMAGES THAT ARISE FROM RELIANCE OR USE IN ANY WAY OF SUCH INFORMATION.