URAGOLD
!
!"#$%&'(&)*+,(&!-./#0"1(&23040$(&5"."6"&
&
&
&
G#0LL&#010"L0&M&N-#&H9906H"/0&6HL/#H43/H-.&
7894-1:&;7<=>:&?@A&
7894-1:&BC@:&?DE&
7894-1:&F;5GH.I:&?AJDK&
7%"#0L&-3/L/".6H.O:&++*(PQQ(Q'+&
?#"O-16&A"R&23"#/S&JLL"8L&JL&THO%&JL&QU&G3#H/8&VWW=WW&X&7HF)Y&G#H-#&;-&
5-990.$090./&FN&;0L/H.O&
?#"O-16&V;7<&>0./3#0:&?@AY!"#!$%&'#&(!)*!'++*,+-&!).')!$/&0)&#)"+1!'+'%2#"#!*3!")#!4'5!6,'/)7!
8')&/"'%!.'#!2"&%(&(!$,/")2!%&9&%#!'#!."1.!'#!:;!<==>==?@!A"BC>!!
D&/+'/(!E*,/"%%*+F!G.'"/8'+!'+(!GHB!B3!I/'1*%(!A)')&(J!!"#$%&'()*#*'%*+',*#-.(#/'0)*1,*($23.'
415*.$%&' 16' 78,19*%*#$#' 7":;<=7>' ?-3,(@' <3A1,$@3($1%' :*32(1,' B?<:C' A,12*##' #**4' (1'
$%5$23(*'()3('(,3%#61,4$%&':3+'?-3,(@'$%(1'D$&)'7-,$(8'E$.$21%'4*(3.#'+$()'3'4$%$4-4'A-,$(8'16'
FG'BHHIHH'JC'$#'+$()$%',*32)'3%5'+$()'3%($2$A3(*5'A,12*##'$4A,1K*4*%(#'6-,()*,'(*#($%&'21-.5'
32)$*K*'A-,$(8'16'LG'BHHIHHH'JC'3%5'*K*%'6-,()*,'(1'MG'BHHIHHHH'JCNI'
E.&!4'5!6,'/)7!8')&/"'%!5'#!)'K&+!3/*8!I/'1*%(L#!MNN?!B5+&(!O'/)"+9"%%&!$/*$&/)2F!%*-')&(!
"+!).&!H'#)&/+!E*5+#."$#!/&1"*+!*3!6,&P&->!!E.&!'+'%2#"#!-*8$%&)&(!')!).&!Q;4A!0!HEH!BO%#($(-('
G3($1%3.'5*'.3':*2)*,2)*'E2$*%($6$P-*/';3-'0*,,*';%K$,1%%*4*%(C!%'P*/')*/2!"+!6,&P&-!G")2!5&/&!
/&R,"/&(!3*/!).&*/&)"-'%!8*(&%"+1!$,/$*#&#!*3!78,19*%*#$#'7":;<=7>'?<:'A,12*##>!
!"#/H.ZH110& A"R& 23"#/S& A0L31/L& [.6H$"/0& ;%"/& EZ0.& @0N-#0& J.8& @0.0N"$/H-.& ;%0& !"/0#H"1&
!00/L&[.63L/#8&7/".6"#6L&B-#&?1/#"&THO%&G3#H/8&23"#/S=&
I%)/'!S"1.!T,/")2!6,'/)7!.'#!P&-*8&!*+&!*3!)*('2L#!K&2!#)/')&1"-!8"+&/'%#!5").!'$$%"-')"*+#!"+!
$.'/8'-&,)"-'%! '+(! ."1.0)&-.! "+(,#)/"&#F! #&8"-*+(,-)*/#F! )&%&-*88,+"-')"*+F! *$)"-#F!
8"-/*&%&-)/*+"-#F!'+(!#*%'/!'$$%"-')"*+#>!
E.&! $/"-&! *3! I%)/'! S"1.! T,/")2! 6,'/)7! -'+! /'+1&! 3/*8! UIA!VNN! <A"BC! ==>=W! ?! */! V;! X! T,/")2@! 0!!
Y!UIA!WFNNN!$&/!)*+!<A"BC!==>==Z!?!*/!:;!X!T,/")2@M!(,&!)*!).&!"8$*/)'+-&!*3!)."#!8"+&/'%!)*!
'%8*#)!&9&/2!"+(,#)/2!"+!).&!5*/%(>!
D&/+'/(!E*,/"%%*+![,/).&/!A)')&(!!:*32)$%&'FG'BHHIHH'QJC'E$RS'7-,$(8'+$()1-('3%8'T*%*632($1%'
$#' 1-(#(3%5$%&' 3%5' 21%6$,4#' ()*' *U2*A($1%3.' P-3.$(8' 16' ()*' V3,($%K$..*' ?-3,(@I' 0)*' ".(,3' D$&)'
7-,$(8'16'1-,',3+'P-3,(@'+$..'3..1+'",3&1.5'(1'5*K*.1A'T1()'$(#'E1.3,'9,35*'E$'T-#$%*##'3%5'$(#'
".(,3' D$&)' 7-,$(8' ?-3,(@' T-#$%*##/' ()*,*61,*' ,*5-2$%&' $(#' (*2)%1.1&8' ,$#W' +)$.*' $%2,*3#$%&' $(#'
A1(*%($3.',*K*%-*#'#(*34#I'
;-/"1&[9\3#H/H0L&5-3./&]&+**&G\9&!0"L3#06&[.&!"#/H.ZH110&A"R&23"#/S&JLL"8&A0L31/L&
E.&!'+'%2)"-'%!(')'!8&'#,/&(!"+!).&!Q;4A!0!HEH!%'P*/')*/2!-*+3"/8#!).&!$/&#&+-&!*3!9&/2!$,/&!
#"%"-'! <A"BC@! 5").! 9&/2! %*5! )*)'%! -*+-&+)/')"*+! "+! '%%! ).&! 8'\*/! -*+)'8"+'+)#F! '/*,+(! ).&! MNN!
$$8! )./&#.*%(F! 3*/! ).&! O'/)"+9"%%&! $/*$&/)2>! ! E*)'%! -*+)'8"+'+)! -*+-&+)/')"*+! <$$8@! 5'#!
-'%-,%')&(!P2!#,88"+1!).&!3*%%*5"+1!&%&8&+)#!<E"F![&F!O+F!O1F!G'F!;'F!]F!TF!G/F!D'F!A/F!G,@>!
&
&
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
M
!A*,/-&!4"-.'/(![%*-KF!Q+(,#)/"'%!O"+&/'%#!^&-&8P&/!CNMV!!
URAGOLD
!
)*+,&!JA;[U>[^^E&;F;J^&[!G?A[;[E7&DAJGT:&
!
BHO3#0&+J! E*)'%!-*+-&+)/')"*+!*3!-*+)'8"+'+)#!<$$8@!3/*8!).&!O'/)"+9"%%&!T/*$&/)2!#"%"-'!#'8$%&#!'/&!
-%*#&%2! /'+1&(! 'P*9&! '+(! P&%*5! ).&! :;! 1/'(&! *+! ).&! /"1.)>! :;! T,/")2! "8$%"&#! "8$,/")"&#!
-*+-&+)/')"*+!"+!).&!8')&/"'%!'/&!MNN!$$8!*/!%&##>!!<Q;4A!^')'@>!!
)*+,&!JA;[U>[^^E&;J@^E&FB&AE7?^;7:&
!
E."#!)'P%&!/&$/&#&+)#!).&!'+'%2)"-'%!(')'!8&'#,/&(!P2!).&!Q;4A!%'P*/')*/2>!
URAGOLD
!
;%0&!"#/H.ZH110&G#-\0#/8:&
E.&! )*)'%! &_$%*/')"*+! '/&'! *3! ).&! O'/)"+9"%%&! (&$*#")! "#! C>:C! ]8C>! ! E.&! (&$*#")! -*+#"#)#! *3!
.2(/*).&/8'%!R,'/)7!9&"+#!&+-'#&(!"+!#-."#)L#>!
Q+!M==WF!'!1&*$.2#"-'%!#,/9&2!/&#,%)&(!"+!'+!&_$%*/')"*+!$*)&+)"'%!&#)"8')&(!')!*9&/!MFNNNFNNN!
)*+#! *3! A"BC! ,#"+1! ).&! CNN! 8! #,/3'-&! %&+1).! *3! ).&! R,'/)7! 9&"+F! 5").! '+! '9&/'1&! 5"().! *3!
P&)5&&+!C!8!'+(!CV!8!'+(!'##,8"+1!'!-*+)"+,')"*+!,$!)*!VN!O!*3!(&$).>!!<9VLXMHMY'7$*,,*'
<$%2*%(/'Z1%#(*..3,'9*1#2$*%2*#I'[HHLI@>!
=..' ()*' $%61,43($1%' 1%' *UA.1,3($1%' A1(*%($3.' )*,*+$()$%' A,*#*%(*5' $#' )$#(1,$23.' $%' %3(-,*' 3%5'
+)$.*',*.*K3%(/'()*'$%61,43($1%'+3#'1T(3$%*5'T*61,*'()*'$4A.*4*%(3($1%'16'G3($1%3.'O%#(,-4*%('
FX\[][' 3%5' 3#' #-2)' 51*#' %1(' 4**(' G3($1%3.' O%#(,-4*%(' FX\[][' ,*A1,($%&' #(3%53,5#I' 0)*'
)$#(1,$23.'*#($43(*'#)1-.5'%1('T*',*.$*5'-A1%'-%($.'()*'Z14A3%8'23%'21%6$,4'()*4I'
;0L/H.O&!0/%-6-1-O8:&
Q+!*/(&/!)*!.'9&!'!1**(!#'8$%"+1!#$/&'(F!Z!#'8$%&#!5&/&!)'K&+!')!("33&/&+)!7*+&#!*3!).&!R,'/)7!
9&"+! *,)-/*$! "+! CNM:>! E.&! 8')&/"'%! 5'#! #&+)! )*! ).&! Q;4A! HEH! %'P*/')*/2! "+! 6,&P&-! G")2! )*! P&!
$/&$'/&(!3*/!)&#)"+1!3*/!A"%"-'!9'%,&#>!E*!'9*"(!8&)'%!-*+)'8"+')"*+!).&!#'8$%&#!5&/&!-%&'+&(!
,#"+1!#"%"-*+!-'/P"(&!<'P/'#"9&@!'+(!#,P#&R,&+)%2!$,%9&/"7&(!5").!'+!'1')&!8*/)'/!'+(!$&#)%&>!Z!
$/&$'/&(! #'8$%&#! 5&/&! /&0)&#)&(! 3*/! 8'\*/! '+(! )/'-&! &%&8&+)#! P2! 8,%)"! '-"(! <S[F! S;BV0SG%0
SG%B:@!)*)'%!("1&#)"*+F!QGT`BHA!<Ca!&%&8&+)#@>!E.&!'##'2!5'#!$&/3*/8&(!,#"+1!b)*8"-!&8"##"*+!
#$&-)/*#-*$2!<c'/"'+F!'_"'%!c"#)'@>!
O'/-!4"-.&/0d'3%e-.&!T.^F!T>!f&*F!"#!'!R,'%"3"&(!$&/#*+!'#!(&3"+&(!P2!;')"*+'%!Q+#)/,8&+)!:V0
MNM!'+(!.'#!/&9"&5&(!'+(!'$$/*9&(!).&!'+'%2)"-'%!-*+)&+)#!*3!)."#!$/&##!/&%&'#&>!
J4-3/&?#"O-16&&
I/'1*%(F!5").!")#!5*/%(5"(&!&_-%,#"9&!,#'1&!*3!T2/*f&+&#"#L!7":;<=7>'?<:/!"#!&+(&'9*,/"+1!
)*! P&-*8&! '! 9&/)"-'%%2! "+)&1/')&(! S"1.! T,/")2! A"%"-*+! O&)'%! <==>==?! A"@F! A*%'/! f/'(&! A"%"-*+!
O&)'%!<a;!T,/")2!`!==>====?!A"@!'+(`*/!S"1.&/!<=;!T,/")2!`!==>=======?!A"@!$/*(,-&/>!
E.&!7":;<=7>'?<:'A,12*##^#'T$&!'(9'+)'1&!"#!")#!*+&!#)&$!("/&-)!)/'+#3*/8')"*+!*3!6,'/)7!"+)*!
S"1.!T,/")2!A"%"-*+!O&)'%!<==>==?!A"@F!A*%'/!f/'(&!A"%"-*+!O&)'%!<a;!T,/")2!`!==>====?!A"@!'+(`*/!
S"1.&/! <=;! T,/")2! `! ==>=======?! A"@! $/*(,-&/F! ).&/&P2! $*)&+)"'%%2! '%%*5"+1! I/'1*%(! )*!
8'+,3'-),/&!."1.!9'%,&!8')&/"'%!3*/!).&!#'8&!*$&/')"+1!-*#)!$/&#&+)%2!P&"+1!$'"(!P2!)/'(")"*+'%!
$/*(,-&/#!)*!8'K&!O&)'%%,/1"-'%!f/'(&!A"!<=g>W?!A"@!,#"+1!).&!)/'(")"*+'%!'/-!3,/+'-&!'$$/*'-.>!
!"#$%&'#(&#$)#"'(*$+,-./#(#%'%$+01234+5$631$7-.&#%%$'%$%.8'*Y'!
•
7.3#43'3,2'T3#*5'A,12*##'23%'3%5')3#'(,3%#61,4*5'D$&)'7-,$(8'?-3,(@'$%(1'V&'E$I!
•
7.3#43'3,2'T3#*5'A,12*##'23%'3%5'$#'T*$%&'-#*5'(1'A-,$68'V&'E$'$%(1')$&)*,'K3.-*'43(*,$3.#'#-2)'3#!
E&'E$I!
•
_$%3..8/',*6$%$%&'V&'E$'-#$%&'3%'*.*2(,1%\T*34'6-,%32*'$%'3')$&)'K32--4\A,12*##$%&'*%K$,1%4*%('
)3#'A,1K*%'()*'21%2*A('16'()*'*.$4$%3($1%'16'*.*4*%(#'+)1#*'K3A1,'A,*##-,*#'3,*')$&)*,'()3%'()3('
16'#$.$21%I!
9":;$'%$<('=<#$:(*$>-.<(*$)-#:?'(>$'%$;"#$&.@)'(:;'.($.A$;"#%#$;"-##$7-.B#($7-.&#%%#%$'(;.$
.(#$%;#7C!
URAGOLD
!
I/'1*%(!"#!'%#*!).&!%'/1&#)!.*%(&/!*3!S"1.!T,/")2!6,'/)7!$/*$&/)"&#!"+!6,&P&-F!5").!*9&/!VFWNN!
S'! ,+(&/! -%'"8#>! ! ^&#$")&! ).&! 'P,+('+-&! *3! R,'/)7F! 9&/2! 3&5! (&$*#")#! '/&! #,")'P%&! 3*/! ."1.!
$,/")2! '$$%"-')"*+#>! ! S"1.! T,/")2! 6,'/)7! #,$$%"&#! '/&! )"1.)&+"+1F! $/"-&#! '/&! /"#"+1F! '+(!
&_$*+&+)"'%! 1/*5).! "#! 3*/&-'#)>! ! 6,'/)7! 3/*8! ).&! 4*+-&9',_! $/*$&/)2! #,--&##3,%%2! $'##&(!
/"1*/*,#! )&#)"+1! $/*)*-*%#! *3! '! 8'\*/! #"%"-*+! 8&)'%! $/*(,-&/! -*+3"/8"+1! ).')! *,/! 8')&/"'%! "#!
."1.%2!#,")&(!3*/!).&"/!#"%"-*+!8&)'%!$/*(,-)"*+>!
0)$#'A,*##',*.*3#*'21%(3$%#'2*,(3$%'61,+3,5\.11W$%&'#(3(*4*%(#/'$%2.-5$%&/'+$()1-('.$4$(3($1%/'#(3(*4*%(#'
21%(3$%$%&' ()*' +1,5#' `438`/' `A.3%`/' `+$..`/' `*#($43(*`/' `21%($%-*`/' `3%($2$A3(*`/' `$%(*%5`/' `*UA*2(`/' `$%'
()*' A,12*##`' 3%5' 1()*,' #$4$.3,' *UA,*##$1%#' +)$2)' 21%#($(-(*' `61,+3,5\.11W$%&' $%61,43($1%`' +$()$%' ()*'
4*3%$%&' 16' 3AA.$23T.*' #*2-,$($*#' .3+#I' _1,+3,5\.11W$%&' #(3(*4*%(#' ,*6.*2(' ()*' Z14A3%8a#' 2-,,*%('
*UA*2(3($1%' 3%5' 3##-4A($1%#/' 3%5' 3,*' #-Tb*2(' (1' 3' %-4T*,' 16' ,$#W#' 3%5' -%2*,(3$%($*#' ()3(' 21-.5' 23-#*'
32(-3.',*#-.(#'(1'5$66*,'43(*,$3..8'6,14'()1#*'3%($2$A3(*5I'0)*#*'61,+3,5\.11W$%&'#(3(*4*%(#'$%K1.K*',$#W#'
3%5' -%2*,(3$%($*#' $%2.-5$%&/' T-(' %1(' .$4$(*5' (1/' 1-,' *UA*2(3($1%#' ,*&3,5$%&' ()*' 322*A(3%2*' 16' 1-,'
A,15-2(#'T8'()*'43,W*(/'1-,'#(,3(*&8'(1'5*K*.1A'%*+'A,15-2(#'3%5'*%)3%2*'()*'23A3T$.$($*#'16'*U$#($%&'
A,15-2(#/' 1-,' #(,3(*&8' +$()' ,*#A*2(' (1' ,*#*3,2)' 3%5' 5*K*.1A4*%(/' ()*' $4A32(' 16' 214A*($($K*' A,15-2(#'
3%5' A,$2$%&/' %*+' A,15-2(' 5*K*.1A4*%(/' 3%5' -%2*,(3$%($*#' ,*.3(*5' (1' ()*' ,*&-.3(1,8' 3AA,1K3.' A,12*##I'
E-2)'#(3(*4*%(#',*6.*2('()*'2-,,*%('K$*+#'16'()*'Z14A3%8'+$()',*#A*2('(1'6-(-,*'*K*%(#'3%5'3,*'#-Tb*2('
(1'2*,(3$%',$#W#'3%5'-%2*,(3$%($*#'3%5'1()*,',$#W#'5*(3$.*5'6,14'($4*\(1\($4*'$%'()*'Z14A3%8a#'1%\&1$%&'
6$.$%&#' +$()' ()*' #*2-,$($*#' ,*&-.3(1,8' 3-()1,$($*#/' +)$2)' 6$.$%&#' 23%' T*' 61-%5' 3(' +++I#*53,I214I' =2(-3.'
,*#-.(#/' *K*%(#/' 3%5' A*,61,43%2*' 438' 5$66*,' 43(*,$3..8I' :*35*,#' 3,*' 23-($1%*5' %1(' (1' A.32*' -%5-*'
,*.$3%2*'1%'()*#*'61,+3,5\.11W$%&'#(3(*4*%(#I'0)*'Z14A3%8'-%5*,(3W*#'%1'1T.$&3($1%'(1'A-T.$2.8'-A53(*'
1,' ,*K$#*' 3%8' 61,+3,5\.11W$%&' #(3(*4*%(#' *$()*,' 3#' 3' ,*#-.(' 16' %*+' $%61,43($1%/' 6-(-,*' *K*%(#' 1,'
1()*,+$#*/'*U2*A('3#',*P-$,*5'T8'3AA.$23T.*'#*2-,$($*#'.3+#I''
G*$()*,' ()*' 0Ec' <*%(-,*' ;U2)3%&*' %1,' $(#' :*&-.3($1%' E*,K$2*#' 7,1K$5*,' B3#' ()3(' (*,4' $#' 5*6$%*5' $%' ()*'
A1.$2$*#'16'()*'0Ec'<*%(-,*';U2)3%&*C'322*A(#',*#A1%#$T$.$(8'61,'()*'35*P-328'1,'322-,328'16'()$#',*.*3#*I'!
B-#&N3#/%0#&H.N-#9"/H-.&$-./"$/!
D&/+'/(!h>!E*,/"%%*+F!G.'"/8'+!'+(!GHB!E&%!<WM:@!=NZ0MNMM!
T')/"-K!d&9'##&,/F!T/&#"(&+)!'+(!GBB!E&%J!<WM:@!CaC0=CV=!
555>,/'1*%(>-*8!