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PEF Capital, its officers, and employees believe that the information in this communication is correct as at the date of this communication. No warranty of accuracy or reliability is given and no responsibility for this communication, including arising from any error, is accepted by PEF Capital, its officers, or employees. Except where contrary to law, PEF Capital excludes all liability for the information in this communication. The information and opinions contained in this communication are derived from proprietary and non-proprietary sources PEF Capital believes to be reliable but may not necessarily be all-inclusive and are not guaranteed as to accuracy.

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