Forward-Looking Statements

Identification of Forward-Looking Statements

Forward-looking statements can be identified by the use of words such as "anticipates", "believes", "estimates", "expects", "intends", "may", "plans", "projects", "seeks", "should", "will", "would", and similar expressions, or the negative of such terms, or other comparable terminology. These statements relate to future events or the Company's future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to differ materially from those expressed or implied by the forward-looking statements.

Examples of Forward-Looking Statements

Forward-looking statements on this website and in Company materials may include, but are not limited to, statements about:

• The Company's plans for developing and commercialising its products, including ELRA Core, ELRA Casino, ELRA Agents, ELRA Markets, ELRA Studios, ELRA Hub, and ELRA Mystery
• Expected timelines for product development, deployment, and market entry
• The Company's ability to attract and retain B2B operator clients
• Anticipated market demand for AI-native iGaming technology
• The Company's ability to obtain and maintain necessary licences and regulatory approvals across target jurisdictions
• Expected revenue, profitability, cash flow, and other financial projections
• The Company's competitive position and expected market growth in the iGaming industry
• Plans for strategic partnerships, acquisitions, or capital raises
• The Company's ability to attract and retain qualified personnel
• The anticipated benefits and capabilities of artificial intelligence in the Company's products

Risk Factors

Actual results may differ materially from those projected in forward-looking statements due to a variety of risks and uncertainties, including but not limited to:

• The Company's limited operating history in its current form and early stage of product commercialisation
• Risks associated with the evolving regulatory landscape for iGaming and online gambling in various jurisdictions, including the United States, United Kingdom, and Australia
• The Company's ability to raise additional capital on acceptable terms to fund product development and operations
• Dependence on a limited number of B2B clients, including concentration risk associated with existing operator relationships
• Rapid technological change in the iGaming industry and the Company's ability to keep pace with competitors, including larger, better-capitalised companies
• Risks associated with artificial intelligence technology, including performance reliability, bias, regulatory scrutiny, and evolving industry standards
• Cybersecurity risks and the Company's ability to protect its systems and customer data from unauthorised access
• The Company's ability to protect its intellectual property rights
• General economic conditions, including inflation, interest rate fluctuations, and macroeconomic uncertainty affecting consumer spending on iGaming
• The trading market for the Company's common stock, including limited liquidity on the OTC Markets

No Obligation to Update

The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws and regulations. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the cautionary statements set forth herein.

Not Investment Advice

The information contained on this website does not constitute investment advice or a recommendation to buy or sell any securities of Elray Resources Inc. Investors should carefully review the Company's filings with OTC Markets and any other regulatory filings, including risk factors described therein, before making any investment decision. For current filings, visit the Investor Centre or OTC Markets.

Contact

Questions regarding this disclaimer or the Company's public disclosures should be directed to info@elraygaming.com.