Terms of Service and Legal Disclaimer

Last Reviewed and Updated: June 2026


Mandatory Notice: Read in Full Before Accessing Any Content

This Terms of Service, Risk Disclosure, and Legal Disclaimer (“Terms”) is a binding agreement between you (“User,” “you,” or “your”) and Nexmark Capital, a sole proprietorship operating in Ontario, Canada, which owns and operates the brand Mining Front (“Nexmark,” “we,” “us,” or “our”).

By accessing, subscribing to, receiving, reading, sharing, or otherwise using any content distributed by Mining Front, including but not limited to its email newsletter distributed via Beehiiv, website content, social media accounts, videos, podcasts, or any other form of communication (collectively, the “Services”), you agree to be bound by these Terms and our Privacy Policy, which is incorporated by reference.

If you do not agree with these Terms, you must immediately discontinue use of the Services.


1. User Eligibility and Acceptance of Terms

By using our Services, you represent, warrant, and confirm that:

  • Age of Majority: You are over the age of majority in your jurisdiction and possess the legal capacity to form a binding contract with Nexmark and its sole proprietor.

  • Corporate Authority: If you are accessing our Services on behalf of a partnership, business, or any incorporated or unincorporated organization, you have the express legal authority to contract on behalf of that entity, and these Terms are fully binding on it.

  • Prohibited Access: You may not use our Services if your permission has been previously suspended or terminated by us, or if your access would contravene the laws of your local jurisdiction.


2. About Mining Front and Nexmark Capital

Mining Front is an independent financial media publication and digital investor marketing platform owned and operated by Nexmark Capital, a sole proprietorship. Nexmark publishes market commentary, company analysis, and investor awareness content focused primarily on small-cap and micro-cap securities listed on Canadian exchanges, including the Toronto Stock Exchange (TSX), TSX Venture Exchange (TSXV), and Canadian Securities Exchange (CSE), as well as United States and international markets. Mining Front is distributed primarily as an email newsletter via Beehiiv.

For purposes of this Disclaimer, "Content" means any and all written articles, videos, podcasts, social media posts, email newsletters (distributed via Beehiiv), comments, data, analysis, charts, financial models, forward-looking statements, opinions, advertisements, marketing materials, and any other material published, distributed, or communicated by Nexmark through any medium, whether sponsored or independent.


3. Not a Registered Adviser and No Investment Advice

Nexmark and its sole proprietor are not registered as an investment adviser, portfolio manager, exempt market dealer, broker-dealer, or investment dealer with any securities regulatory authority. This includes the Ontario Securities Commission (OSC), the Canadian Investment Regulatory Organization (CIRO), the U.S. Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), or any other regulatory body in Canada, the United States, or globally. All Content published or distributed by Mining Front is provided strictly for general market education, informational, commercial advertising, and entertainment purposes only and does not constitute:

  • Investment advice or personalized recommendations to buy, hold, sell, or trade any security, derivative, cryptocurrency, or financial instrument.

  • A prospectus, offering memorandum, or similar investment solicitation document.

  • Legal, tax, accounting, or financial planning advice.

Nexmark’s Content does not take into account the unique investment objectives, financial situation, risk tolerance, or specific needs of any particular individual. Nothing contained in the Services or Content creates any fiduciary, advisory, agency, brokerage, portfolio management, professional, or other special relationship between Nexmark and any user. You must conduct your own independent due diligence and consult a qualified, licensed financial, legal, and tax professional before making any investment decision. Securities discussed in Mining Front's Content may be entirely unsuitable for your financial profile. Never base investment decisions solely on promotional or media materials.


4. Content Categories and Paid Investor Relations

4.1 Independent Market Commentary

From time to time, Mining Front publishes articles, videos, and opinions produced independently, without compensation from any specific issuer discussed. However, Nexmark, its sole proprietor, employees, affiliates, and associates may hold long or short positions in any security discussed in independent commentary at the time of publication, before, or after publication, as further disclosed in Section 5 below.

4.2 Paid Investor Relations (Sponsored) Content

Mining Front publishes Paid Investor Relations content produced on behalf of, and compensated by, specific issuers or unrelated third parties to help issuers reach new investors and maintain visibility. All sponsored content is strictly commercial advertising. Sponsored content is clearly labeled at the top of each applicable post with the issuer’s name, the full compensation terms (which may include cash, securities, options, warrants, or other consideration), and a link to the full engagement terms.You must assume that all content relating to a sponsored issuer is materially biased in favour of that issuer. By accessing this content, you expressly acknowledge the following structural conflicts of interest:

  • Monetary Compensation: Nexmark is financially compensated by the featured issuer or by an unrelated third party for performing promotional and advertising services for a limited time. This compensation is a major conflict with our ability to be unbiased.

  • Inherent Positive Bias: We do not publish negative or adverse information about issuers we are paid to promote. Our sponsored content is a commercial advertisement, not an objective, critical financial analysis.

  • No Independent Verification: Nexmark does not conduct independent verification, audit, or due diligence of any information, financial statements, projections, technical data, or mineral resource estimates provided by a paying issuer or third-party market participant. Content is reviewed and approved by the featured issuer prior to publication.

  • Securities Ownership: Nexmark, its sole proprietor, and the Mining Front Parties may receive, hold, or acquire securities, options, or warrants of a sponsored issuer before, during, or after a campaign and may sell or trade such securities at any time, for their own profit, without notice to readers, even if we are actively describing the issuer favourably.

Sponsored content is not independent research and must not be treated as such. Reliance on sponsored content for any investment decision is done entirely at your own risk.Readers acknowledge that sponsored content constitutes commercial advertising and promotional communications and should not be construed as independent investment research, securities analysis, or a recommendation to purchase, sell, or hold any security.


5. Conflicts of Interest and Trading Policy

Nexmark, its sole proprietor, employees, contractors, affiliates, and associates (collectively, "Nexmark Parties" or "Mining Front Parties") regularly hold, acquire, or dispose of long or short positions in securities discussed in Mining Front's Content, whether independent or sponsored. Specifically:

  • Nexmark Parties may purchase securities of issuers before publishing content about them, including before any promotional campaign, and may sell, cover, or liquidate such securities at any time without prior notice to readers.

  • Nexmark Parties may take positions that are materially inconsistent with, or directly contrary to, the views expressed in any published Content, including selling securities of issuers that Mining Front has described favourably.

  • Nexmark is under no obligation, legal or otherwise, to update readers regarding changes in its investment positions, portfolio status, or trading activities.

For sponsored issuers, the full compensation arrangement is disclosed within each sponsored post and, where applicable, in the relevant issuer’s public news release filed on SEDAR+ or EDGAR. You are solely responsible for independently verifying all information and making your own investment decisions.


6. Small-Cap, Micro-Cap, and Mining Sector Investment Risk

Small-cap, micro-cap, and natural resource or mining securities are among the highest risk investments available in the capital markets. Before accessing any Mining Front Content, you acknowledge and accept the following risks:

  • High Probability of Total Loss: Small-cap and micro-cap issuers frequently fail. Investment of any amount in such securities may result in the complete, permanent loss of your entire investment. You should never invest in any security discussed unless you can afford to lose your entire investment.

  • Extreme Price Volatility and Low Liquidity: Securities discussed may experience sudden, extreme, and unpredictable price movements, amplified by low trading volumes or speculative market activity, including our own promotional campaigns. Many securities trade in thin, illiquid markets, meaning you may be unable to sell your position at any price, or at all, at any given time.

  • Promotional Activity Fluctuation: Mining Front’s investor relations campaigns may temporarily increase the trading price and volume of securities discussed. Such increases are frequently temporary and unsustainable, and may be followed by rapid, significant, and permanent price declines.

  • Selective Historical Information: From time to time, reference may be made in our marketing materials or Content to prior articles or successful historical campaigns. These references are selective, may reference only a portion of historical outcomes, and are not current. Past performance provides no guarantee of future results.

  • Market Manipulation Risk: Small-cap markets are highly susceptible to market manipulation, pump-and-dump schemes, and other fraudulent activity by third parties. Nexmark does not represent that any issuer discussed is free from such activity.

  • No Representation Regarding Market Conduct: Nexmark makes no representation, warranty, or assurance that any issuer discussed is free from market manipulation, coordinated trading activity, promotional campaigns by third parties, short-selling campaigns, or other market distortions that may materially affect the price or liquidity of a security.


7. No Due Diligence and No Verification of Issuer or Third-Party Information

Nexmark does not independently verify, audit, or confirm the accuracy, completeness, or reliability of any information, financial statement, technical report, mineral resource estimate, projection, claim, or other data provided by any issuer or third party, whether sponsored or otherwise.

All information sourced from issuers or third parties, including corporate presentations, press releases, management interviews, price projections, analyst reports, and SEDAR+ or EDGAR filings, is reproduced or summarized by Nexmark for informational purposes only. Third-party analyst price projections are provided for promotional purposes only, are not verified or endorsed by Nexmark, and should not be considered investment advice. Issuers and third-party contributors bear sole responsibility for the accuracy and completeness of their own public disclosures.

You expressly acknowledge and agree that you are not relying upon any statement, opinion, projection, estimate, representation, omission, forecast, valuation, or other Content published by Nexmark when making any investment, trading, or financial decision, and that all investment decisions are made solely at your own risk and based on your own independent analysis and professional advice.


8. Forward-Looking Statements

Content published by Mining Front frequently contains forward-looking statements within the meaning of applicable Canadian securities laws, including National Instrument 51-102, and United States federal securities laws, including Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may include statements regarding future financial results, resource estimates, exploration outcomes, project timelines, regulatory approvals, management expectations, and market trends.

Forward-looking statements are inherently uncertain and involve known and unknown risks, assumptions, and uncertainties, including market volatility, the company's ability to fund its capital requirements, pricing pressures, regulatory or geopolitical changes, technological disruptions, and capital market fluctuations, that may cause actual results to differ materially. Nexmark undertakes no obligation to update, revise, or correct any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable law.

READERS ARE EXPRESSLY CAUTIONED NOT TO PLACE ANY RELIANCE ON FORWARD-LOOKING STATEMENTS.


9. Use of Artificial Intelligence (AI) and Machine Learning

Content published by Mining Front may be drafted, structured, or researched with the assistance of artificial intelligence (AI) writing, language model, or data-aggregation tools. Where AI assistance has been used, this will be disclosed within the applicable post.

Notwithstanding any editorial review by Nexmark prior to publication, Nexmark makes no representations or warranties regarding the accuracy, completeness, currency, or error-free nature of AI-assisted or AI-generated content. AI tools may produce factual inaccuracies or hallucinations. Readers use and rely on all AI-assisted content entirely at their own risk. Nexmark expressly disclaims all liability for any errors or factual inaccuracies introduced or amplified by AI tools.


10. Permissible Use and Absolute AI Prohibitions

10.1 Limited License

Subject to these Terms, Nexmark grants you a non-exclusive, non-transferable, non-sublicensable, revocable, and limited licence to access and use our Services and Content for your personal, non-commercial use only.

10.2 Absolute Prohibitions on AI Scraping and Data-Mining

Framing, mirroring, scraping, or data-mining our Platforms or Content in any form and by any means is strictly prohibited. You are expressly forbidden from using any automatic or manual devices, robots, spiders, scrapers, programs, or methodologies to access, extract, or acquire our Content.

CRITICAL RESTRICTION: You are strictly prohibited from using our Services, Content, data, text, graphics, or audio to train, fine-tune, or populate any artificial intelligence software, large language model (LLM), automated writing tool, or machine learning system without the explicit, advance, written commercial licensing consent of Nexmark.


11. User Feedback License

If you choose to contribute by sending us any ideas for services, features, modifications, enhancements, content, refinements, technologies, names, or related documentation (collectively, "Feedback"), you agree that:

  • Nexmark has no obligation to review, consider, implement, or keep confidential your Feedback.

  • You irrevocably grant Nexmark a worldwide, perpetual, royalty-free, sub-licensable, and transferable licence to reproduce, modify, distribute, display, and otherwise exploit the Feedback for any purpose without restriction, free of charge and without attribution of any kind.

  • You waive any moral rights or other rights of authorship in and to any Feedback in favour of Nexmark.


12. Limitation of Liability and Comprehensive Disclaimer of Warranties

12.1 No Warranties

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ALL SERVICES AND CONTENT ARE PROVIDED ON AN "AS IS", "AS AVAILABLE", AND "WITH ALL FAULTS" BASIS, WITHOUT ANY REPRESENTATIONS, WARRANTIES, CONDITIONS, OR GUARANTEES OF ANY NATURE WHATSOEVER, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, TIMELINESS, TITLE, NON-INFRINGEMENT, OR LACK OF VIRUSES.

12.2 Comprehensive Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE NEXMARK PARTIES AND THE INDIVIDUAL SOLE PROPRIETOR SHALL NOT BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, PUNITIVE, OR OTHER DAMAGES OF ANY KIND, INCLUDING WITHOUT LIMITATION LOSS OF PROFITS, LOSS OF REVENUE, LOSS OF CAPITAL, LOSS OF GOODWILL, LOSS OF DATA, BUSINESS INTERRUPTION, PERSONAL INJURY, OR EMOTIONAL DISTRESS, ARISING OUT OF OR RELATED TO YOUR ACCESS TO, USE OF, OR RELIANCE UPON ANY MINING FRONT CONTENT OR PLATFORM.

12.3 Fallback Global Liability Cap

STRICT LIABILITY CAP: Strictly to the extent that a court of competent jurisdiction finds that the extensive exclusions of liability above are inapplicable or unenforceable under local law, you agree that the Nexmark Parties' and the individual sole proprietor's maximum, aggregate, cumulative total liability to you for any and all claims, causes of action, or damages arising out of or related to these Terms, the Privacy Policy, or your use of the Services shall be strictly capped at and shall not exceed one hundred Canadian dollars ($100.00 CAD).


13. Indemnification

By accessing or using our Services, you agree, to the maximum extent permitted by applicable law, to indemnify, defend, and hold harmless the Nexmark Parties and the individual sole proprietor from and against any and all claims, actions, proceedings, losses, damages, liabilities, costs, and expenses, including legal fees and disbursements on a solicitor and own client basis, arising out of or related to: (a) your access to, use of, or activities in connection with our Platforms and Content; or (b) your breach, non-performance, or violation of these Terms, our Privacy Policy, applicable securities laws, or third-party intellectual property rights.


14. Class Action Waiver and Dispute Resolution

CLASS ACTION WAIVER: TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, YOU IRREVOCABLY WAIVE ANY RIGHT TO PARTICIPATE IN ANY CLASS ACTION, COLLECTIVE ACTION, PRIVATE ATTORNEY GENERAL ACTION, OR ANY OTHER CONSOLIDATED OR REPRESENTATIVE PROCEEDING AGAINST ANY NEXMARK PARTY OR THE INDIVIDUAL SOLE PROPRIETOR. ALL DISPUTES MUST BE BROUGHT SOLELY ON AN INDIVIDUAL BASIS.

Any dispute, claim, or controversy arising out of or relating to these Terms or any Mining Front Content that cannot be resolved informally shall be resolved exclusively by binding arbitration in the Province of Ontario, except where prohibited by applicable law.


15. Third-Party Websites, Dissemination, and Data Security Risks

Our Services may provide hyperlinks to third-party websites or access to third-party content. Nexmark does not control, endorse, or guarantee any content found in such sites, and your access and use of third-party platforms is completely at your own risk.

Furthermore, Nexmark uses Beehiiv and other third-party services and platforms to disseminate information to subscribers. While we take commercially reasonable precautions to prevent unauthorized access to our subscriber list, you acknowledge that there is an inherent risk that data could be compromised through cyberattacks, data breaches, or third-party failure. You agree that Nexmark and its sole proprietor are not responsible or liable for any loss, damage, or unauthorized communications resulting from data breaches occurring through no direct wrongdoing on our part.


16. Force Majeure

Nexmark and its sole proprietor will not be liable for any delays, failures in performance, or interruptions of our Website or Services resulting directly or indirectly from any cause or condition beyond our reasonable control, including acts of God, civil or military authorities, acts of terrorism, civil disturbances, wars, natural disasters, national or provincial states of emergency, pandemics, epidemics, widespread public health crises, declaration of public health emergencies, strikes, labor disputes, fires, earthquakes, or systemic interruptions in telecommunications, electric grids, equipment failure, software failure, or internet backbone routing provider services.


17. Amendments

Nexmark reserves the right to amend, modify, supplement, or replace these Terms at any time, in our sole discretion, without advance notice. All amendments become effective upon publication on a Mining Front Platform or upon such later date as required by applicable law.


18. Severability and Governing Law

If any provision of this Disclaimer is held to be invalid, illegal, or unenforceable under applicable law, such provision shall be severed and the remainder of this Disclaimer shall continue in full force and effect. These Terms, the Privacy Policy, and your relationship with Nexmark and its sole proprietor shall be governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein, without regard to conflict of law principles.


19. Entire Agreement

These Terms, along with the Privacy Policy incorporated herein by reference, constitute the entire agreement and understanding between you and Nexmark concerning your access to and use of Mining Front and its related Services, and supersede all prior or contemporaneous understandings, agreements, communications, and proposals, whether oral, electronic, or written, between us.


Contact Information

For disclosure inquiries, marketing engagement terms, or questions regarding these Terms, please contact us at:

Nexmark Capital
Ontario, Canada
Email: [email protected]

BY ACCESSING ANY MINING FRONT CONTENT OR PLATFORM, YOU ACKNOWLEDGE THAT YOU HAVE READ THIS DISCLAIMER IN ITS ENTIRETY, FULLY UNDERSTAND ITS VISUAL IMPLICATIONS AND BIASES, AND UNCONDITIONALLY AGREE TO BE BOUND BY IT.