The information outlined in this Investor Presentation (“Presentation”) is being provided to you solely for discussion purposes and contains confidential information not intended for public use or distribution. The recipient of this presentation agrees that it will not divulge any such information to any other party and will not reproduce or distribute it or any related materials in whole or in part, without the prior written consent of Black Gold Capital & Garden District Development. 

This presentation does not constitute an offer to sell or the solicitation of any offer to buy securities, which may only be made at the time a qualified offeree receives a confidential private offering memorandum or confidential explanatory memorandum, and subscription documents, all of which must be read in their entirety (each, a “Memorandum”), which contains important information (including investment objective, policies, risk factors, fees, and relevant qualifications), and only in those jurisdictions where permitted by law. In the case of any inconsistency between the descriptions or terms in this document and the Memorandum, the Memorandum shall be in control. No information contained in this Presentation, or any oral or written communication with an interested party should be relied upon as a representation or warranty as to any matter from any person, and no liability shall attach to any person or entity as a result of such information. This Presentation is indicative only and is subject to updating amendment, and more complete disclosures. 

This Presentation is only directed at persons to whom it may lawfully be distributed and any investment activity to which this Presentation relates will only be available to such persons. It is the responsibility of any interested party to satisfy itself as to the full compliance with applicable laws and regulations of any relevant jurisdiction, including obtaining any governmental or other consent and observing any other formality prescribed in such jurisdiction. Nothing in this Presentation constitutes advice relating to legal, taxation or investment matters, and interested parties are advised to consult their professional advisors in connection with making an investment decision. 

While all the information prepared in this document is believed to be accurate, Black Gold Capital and its affiliates make no express warranty as to the completeness or accuracy, nor can it accept responsibility or liability for any errors, appearing in the document. 

The information contained in this Presentation was obtained by Black Gold Capital & Garden District Development and its affiliates from third-party sources, and no assurance can be given as to the accuracy or completeness of such information. Any forward-looking statements, including, without limitation, financial projections or expectations, contained in this Presentation should not be regarded as a representation by any person that the estimates, projections, or expectations will be achieved. Such forward-looking statements are subject to substantial risks and uncertainties. Actual results will differ and could be materially different from those discussed or implied herein as a result of various factors, including future economic, competitive, and regulatory or market conditions or future business decisions. Before investing, investors should be aware that the occurrence of the risks, uncertainties, and events described in the “Risk Factors” section of the Memorandum, to which investors will receive access after the execution by each such investor of a confidentiality agreement, could a material adverse effect on the business, results of operations and financial conditions of the new company that will be formed. While Back Gold Capital and its affiliates have been involved in previous successful endeavors, investors should realize that past performance is no indication of future performance and that investors cannot rely on such past performance in making their investment decisions.