March 21, 2007

Claude Resources Announces Fourth Quarter Results

Gold prices realized remained steady during the fourth quarter averaging US $620 per ounce. Gold production during the quarter was 10,700 ounces, slightly below forecast; total 2006 production was 47,400 ounces, 12% above 2005 production.

Bulk sampling of Claude’s Porky Lake and Santoy 7 projects, near the Seabee mine, continued during the fourth quarter. If successful, one or both of these projects could provide feedstock to the Seabee mill as early as the second half of 2007.

Claude Resources commenced surface exploration at the Madsen project in Red Lake, Ontario in early December 2006. The Company expects to conduct extensive surface exploration at Madsen in 2007 while dewatering the Madsen shaft in preparation for underground drilling.

The Company would like to take this opportunity to thank retired Chairman Arnie Hillier for his many years of outstanding service to the Company. Since 1992, Arnie served as President, CEO and finally as Chairman. All shareholders have been well served by his skill, experience and commitment.

Financial Highlights

	Three Months Ended		Year Ended
	December 31		December 31
	2006	2005	2006	2005
Revenue ($ millions)	9.5	11.4	41.4	34.3
Net earnings (loss) ($ millions)	(0.4)	1.0	6.4	(3.5)
Earnings (loss) per share ($)	(0.01)	0.01	0.09	(0.05)
Cash from operations ($ millions)*	0.5	2.1	9.2	4.5
Cash from operations per share ($)*	0.01	0.03	0.13	0.07
Average realized gold price (US $/ounce)	620	485	604	452
Total cash operating costs (US $/ounce)	468	355	396	358
Working capital ($ millions)	7.7	6.9	7.7	6.9

* before net change in non-cash working capital

OPERATIONS

Gold

During the quarter ended December 31, 2006, Claude Resources Inc. mined and milled 59,300 tonnes at the Seabee mine. Grade processed for the quarter was down 24% to 5.74 grams per tonne due to sequencing issues. As a result, produced ounces for this quarter were 10,300, down 32% from the same period in 2005. Tonnage in the fourth quarter was impacted by the Porky Bulk Sample program which went from October 23 to November 2, 2006. Seabee mine management is focusing on improving equipment availability and reducing dilution to improve production volumes and unit costs.

Operating Statistics		Three Months Ended December 31			Year Ended December 31
		2006	2005	% Change	2006	2005	% Change
Tonnes milled		59,300	66,400	-11%	246,000	236,00	+4%
Grade processed (grams per tonne)		5.74	7.60	-2.4%	6.16	6.32	-3%
Recovery (%)		93.47	92.98	+1%	93.62	92.86	+1%
Sales volume (ounces)		10,700	13,900	-23%	47,400	42,200	+12%
Production volume (ounces)		10,300	15,100	-32%	46,300	44,600	+4%

Claude is planning in excess of 50,000 metres of underground drilling at Seabee to replace 2007 production and expand or sustain reserves and resources. Drilling will be focused on the 2B and 2C zones laterally to the west. As well, an 800 metre level diamond drill chamber will be driven during the first quarter to test the down dip plunge of the 2B and 2C veins to the 1,200 metre level (more than 400 metres below the existing workings).

Each year, reserves and resources at the Seabee mine are independently reviewed. At December 31, 2006, reserves were at 692,500 tonnes at 6.59 grams per tonne or 146,700 ounces. Resources were 1,293,300 tonnes at 8.96 grams per tonne or 372,600 ounces. Over the past 15 years, the Company has successfully upgraded 100% of its posted resources to reserves.

Seabee Mine – Mineable Reserves and Mineral Resources

	2006			2005			2004
	Tonnes	g/t	Ounces	Tonnes	g/t	Ounces	Tonnes	g/t	Ounces
Proven	520,900	6.44	107,900	395,600	6.18	78,600	400,500	6.37	82,000
Probable	171,600	7.03	38,800	288,800	7.07	65,600	332,200	7.53	80,400
Total Mineable Reserves	692,500	6.59	146,700	684,400	6.56	144,200	732,700	6.90	162,400
Inferred Mineral Resrcs.(1)	1,293,300	8.96	372,600	1,499,700	8.86	427,200	1,406,200	8.16	368,900

⁽¹⁾ Mineral resources, all in the inferred category, stated after applying historic mining dilution factors.

Oil and Gas

Oil and natural gas liquids (NGLs) sales volume for the quarter ended December 31, 2006 was 17,280 barrels, 10% lower than the 19,200 barrels sold in the same period of 2005.  Oil and NGLs sales volume fell from 83,000 barrels in 2005 to 66,600 barrels this year, a 20% decline.  Natural gas volume decreased marginally to 154 MMCF in 2006 from 156 MMCF in the fourth quarter of 2005.  Year over year, volumes decreased 8%, to 616 MMCF in 2006 from 669 MMCF in 2005.

Each year, the Company has its proven and probable oil, NGLs and natural gas reserves evaluated independently.  Crude oil and NGLs proved and probable reserves decreased by 17% to 917,000 barrels at the end of this year from 1,099,000 barrels at the end of 2005.  Natural gas reserves also decreased compared to the prior year, to 8,000 MMCF in 2006 from 8,900 MMCF in 2005. 

Reserves (1)			2006		2005		2004
Crude oil and NGLs (mbbl)
	Proved
		Alberta	578		806		455
		Saskatchewan	45		60		66
			623		866		521
	Probable
		Alberta	278		215		174
		Saskatchewan	16		18		7
			294		233		181
Total			917		1,099		702
			======		======		======
Natural gas (MMCF)
	Proved
		Alberta	6,419		7,539		7,167
	Probable
		Alberta	1,533		1,313		1,775
Total			7,952		8,852		8,942
			======		======		======
Barrels of oil equivalent (mboe)
	Proved		1,693		2,123		1,716
	Probable		550		452		477
Total			2,243		2,575		2,193
			======		======		======
1 Reserves at December 31, 2006, reviewed by Sproule Associates Limited using constant prices. 2 Conversion: 6 mcf = 1 boe

EXPLORATION

During the fourth quarter, the Company completed its fall exploration program in the Seabee area with the continued definition drilling of the Santoy 8 zone. As well, assay results received during the fourth quarter from the Shane property fall drill program were reported in a news release dated November 23, 2006 and are included in the Shane property discussion.

Work at the Madsen area progressed during the fourth quarter with continued preparations for mine shaft dewatering and initiation of a core drill program on the Treasure Box area of gold mineralization. The zone was discovered in 2002 and given the name due to nuggety visible gold present in the drill core. 
All exploration programs are carried out under the direction of Qualified Person, Judy Stoeterau, P.Geo., Vice President of Exploration for Claude.

Santoy Area

The Santoy area lies 12 kilometres east of the Seabee mine. The area hosts numerous occurrences of gold mineralization – of these, Zones 7 and 8 have been sufficiently drill-tested to support the calculation of an estimated indicated and inferred mineral resource of 1,110,000 tonnes of 6.53 grams per tonne (top cut of 30 grams per tonne). The bottom cut-off grade used by Claude is 3.0 grams per tonne over 1.2 metres true width. A specific gravity of 2.8 is used.

In October 2005, the Company received permits from the necessary regulatory agencies to proceed with bridge/road work to the site and to bulk sample Santoy 7. With completion of the all-weather road from the minesite to Santoy in the fourth quarter, and the extension of the ramp down to the mineralized zone, the extraction of the bulk sample material was initiated. The process to remove and mill approximately 5,000 to 7,000 tonnes of Zone 7 material is expected to continue through to the end of the first quarter of 2007.

Core drill programs carried out on Santoy 8 during the third and fourth quarters of 2006 were designed as in-fill drilling in preparation for ramp design at this second site in order to extract material for a bulk sample. Further surface exploration will be necessary during the coming year in order to both understand the structure of Santoy 8 and to extend the area of mineralization.

Porky West Zone

The Porky Lake area lies three kilometres north of the Seabee mine and contains an extensive, 7.5 kilometre long, gold mineralized shear horizon at the contact of volcanic and sedimentary rocks. Four significant zones have been identified along this horizon to date, one of which (Porky West) has been sufficiently drill-tested to support the calculation of an estimated indicated mineral resource of 90,000 tonnes of 7.33 grams per tonne and an estimated inferred mineral resource of 130,000 tonnes of 5.00 grams per tonne.

The necessary permits were received in 2005 and by the end of the third quarter, the Company had ramped down and accessed the vein system in three places, collecting a 5,000 tonne bulk sample. Mill and metallurgical tests are currently being assessed and will be reported in the first quarter of 2007.

Shane Property

The Shane area lies five kilometres east of the Seabee mine and directly on the all-season Santoy road, making any deposit defined in the area easily accessible as mill-feed. During the third quarter Claude had carried out an extensive summer exploration and core drill program. Results were announced in the November 2006 press release, “Claude Resources Discovers more Gold on Shane Property.” The main mineralized horizon contains the following notable grades:  12.16 grams per tonne over 8.43 metres (6.46 metres true width) intersected in hole SHA 06-27 and 23.88 grams per tonne over 3.74 metres (2.86 metres true width) in hole SHA 06-31.

Prospecting and soil geochemistry results have extended this horizon both east and west to a total length of 1,300 metres, open at both ends. This horizon has yet to be drill-tested along half of this length. The prospecting program also exposed a number of new zones, one of which is a 62 metre-long shear in metavolcanics containing a gold bearing quartz-tourmaline vein system up to three metres wide. This new zone is parallel to the known horizon and remains open at both ends. It will be drill-tested during the 2007 exploration program.

Madsen Property

On September 1, 2006, Claude reacquired control of its 100% owned Madsen gold project in the prolific Red Lake area of northwestern Ontario. The property had been under an option agreement with Goldcorp Canada Ltd. Claude’s land holdings in the area comprise approximately 4,000 hectares (10,000 acres).

During the fourth quarter of 2006, Claude acquired the necessary permits to begin dewatering the Madsen shaft to the 1,600 foot level to provide underground access for drill definition of extensions to the historic high grade No. 8 zone in addition to other zones. This dewatering process is expected to be completed by the fourth quarter of 2007.

A surface drill program was initiated during the latter part of the fourth quarter and was designed to focus on definition drilling of the main stringer envelope of mineralization intersected in the Treasure Box zone, 2.4 kilometres north of the Madsen mine complex. 

The Treasure Box zone is characterized by quartz-tourmaline-sulphide stringers and veins 1 to 20 centimetres wide.  These appear to have been emplaced as late-stage brittle fracture fillings in unaltered mafic metavolcanic rocks and are considered to represent the uppermost brittle deformation portion of an Archean gold system. Further targets will be defined once the data from the last five years of exploration is received and reviewed.

Quality Assurance and Quality Control Procedures

Rigorous quality assurance and quality control practices have been implemented on all Company core drill programs including blank, reference and duplicate samples with each batch of assays. All core samples are analyzed by fire assay with a gravimetric finish and atomic absorption finish at independent, ISO approved facilities.

FINANCIAL

For the quarter ended December 31, 2006, the Company recorded a net loss of $0.4 million, or $0.01 per share, after the gain on sale of assets of $2.0 million. This compares to net earnings of $1.0 million, or $0.01 per share, after a $1.4 million gain on sale of investments for the same period last year.

For the year ended December 31, 2006, the Company recorded net earnings of $6.4 million, or $0.09 per share, after a $5.9 million gain realized on the sale of certain assets and a $2.7 million non-cash recovery related to income tax benefits arising from the issuance of flow-through shares. This compares to a net loss of $3.5 million, or $0.05 per share in 2005, after a $1.4 million gain realized on the sale of certain portfolio investments and a $1.3 million non-cash recovery related to income tax benefits arising from the issuance of flow-through shares. The earnings improvement for the year was largely attributable to higher gold revenues combined with the gain on sale of assets, interest and other income and income tax recovery, offset by higher mine operating costs.

Revenue

Total revenue generated for the fourth quarter was $9.5 million, a 17% decline from the $11.4 million reported for the same period in 2005. The Seabee mine contributed $7.5 million to revenue during the last quarter of 2006 compared to $7.9 million reported for the same period in 2005. This was due to lower gold sales volume (Q42006 – 10,700 ounces; Q42005 – 13,900 ounces) offset by a 24%, or $138 per ounce, increase in Canadian dollar gold prices realized: Q42006 - $707 (US $620); Q42005 - $569 (US $485).

Gross revenue for the year improved 21%, from $34.3 million in 2005 to $41.4 million in 2006. The Seabee mine contributed $32.5 million to revenue, a 41% improvement from the $23.1 million reported in 2005. This result was due to a 12% improvement in gold sales (2006 – 47,400 ounces; 2005 – 42,200 ounces) combined with a 25% increase in average Canadian dollar gold price realized: 2006 - $685 (US $604); 2005 - $548 (US $452).

Oil, NGLs and natural gas revenue for the three months ended December 31, 2006 decreased significantly to $2.0 million in 2006 from $3.4 million in 2005. This decrease is attributable to production declines, decreased petroleum prices (Q42006 - CDN $59.29; Q42005 - CDN $63.77) and decreased natural gas prices (Q42006 - CDN $6.51; Q42005 - CDN $12.14). Alberta crown and overriding royalties had corresponding decreases in Q42006 compared to Q42005.

Gross oil, NGLs and natural gas revenues for the year ended December 31, 2006 totaled $8.9 million, a 20% decrease from the $11.1 million noted for the year ended December 31, 2005. This decrease is attributable to lower average realized natural gas prices and production declines. Corresponding decreases in both Alberta crown royalties and overriding royalties partially mitigated the decrease in net oil and natural gas revenue.

Oil and NGLs sales volume was 66,600 barrels in 2006, 20% lower than the 83,000 barrels sold in the previous year. The average realized price per barrel of oil in Canadian dollar terms increased 33% to CDN $66.04 (US $58.22) in 2006 from CDN $49.55 (US $40.94) in the prior year.

Natural gas volumes fell 8% to 616 MMCF in 2006 from 669 MMCF in 2005. The average realized price in Canadian dollar terms decreased by 24% from CDN $8.74 (US $7.22) in 2005 to CDN $6.68 (US $5.89) this year.

Expenditures

For the quarter ended December 31, 2006, total mine operating costs were $5.7 million, down slightly from the $5.8 million reported in 2005. This was a result of fewer tonnes mined during the quarter offset by milling of higher cost stockpiled ore. As well, these operating costs were offset by lower gold sales volume and appreciating Canadian versus US dollar exchange resulting in a 32% increase in cash operating cost per ounce (Q42006 – US $468; Q42005 – US $355).

For the year, the Company recorded mine operating costs of $21.3 million, a 16% increase from the $18.3 million reported for 2005. This was largely a result of a general increase in costs combined with the expensing of higher cost broken-ore stockpile inventory. Total cash cost per ounce increased from US $358 in 2005 to US $396 in 2006. The US dollar ounce increase was due to a combination of higher mine operating costs and stronger Canadian versus US dollar exchange rate partially offset by improved sales volume.

Oil, natural gas liquids and natural gas operating costs increased by 17% in the fourth quarter, to $0.7 million in 2006 from $0.6 million in 2005, and by 21% for the year, to $2.3 million in 2006 from $1.9 million in 2005. The Company is experiencing the same cost pressures with respect to its oil and natural gas assets as it is currently experiencing with its mining assets.

For the fourth quarter of 2006, depreciation, depletion and accretion of the Company’s gold assets increased 5% from $2.2 million in 2005 to $2.3 million this quarter. For the year ended December 31, 2006, the increase was 3%, from $9.7 million in 2005 to $10.0 million this year. The increase was due to a combination of more tonnes milled offset by less tonnes mined and the amortization of a larger asset base.

Depreciation and depletion of the Company’s oil and gas assets fell slightly, year over year, largely due to lower production offset by a declining reserve base.

Administrative Expense

For the fourth quarter of 2006, general and administrative costs were 60% higher, rising to $0.8 million this period from $0.5 million in 2005. Year to date costs increased by 29% from $2.1 million in 2005 to $2.7 million in 2006. This was largely a result of the added focus on investor relations.

Gain on Sale of Assets

During the year, the Company realized a $4.8 million gain on the sale of certain of its portfolio investments and a $1.1 million gain on the sale of an exploration property.

Stock Compensation

Stock-based compensation was $0.5 million in 2006 compared with $0.2 million in 2005. This non-cash expense was lower in 2005 as fewer options were granted.

Income Taxes

The income tax recovery of $2.7 million was the estimated income tax benefit arising from the issuance of flow-through shares in 2005 and the subsequent renouncement of those expenditures in 2006. A similar benefit of $1.3 million was recorded in 2005.

Liquidity & Financial Resources

Cash flow from operations before net changes in non-cash working capital items was $9.2 million in 2006, or $0.13 per share, compared to $4.5 million, or $0.07 per share, in 2005. This year’s sizable improvement from 2005 was attributable to increased contributions from the Seabee mine.

Investing

Mineral property expenditures were $20.5 million in 2006, an increase from $17.7 million in 2005. This year’s expenditures were comprised of the following: Seabee mine development of $8.6 million (2005 - $7.6 million); exploration costs, focusing on the Porky and Santoy Lake bulk sample projects of $7.6 million (2005 - $4.4 million); property, plant and equipment charges of $3.0 million (2005 - $5.0 million); Seabee mine tailings project of $1.1 million; and the Tartan Lake project of $0.2 million. Property, plant and equipment charges include mining equipment, mill expansion costs and camp infrastructure.

Oil and gas capital expenditures were $2.2 million during the year, a decrease from $2.3 million in 2005. Of the capital invested in 2006, $0.7 million relates to drilling on both the Nipisi and Edson Units and $1.5 million relates to infrastructure costs on the Nipisi unit and Edson gas plant.

Pursuant to the sale of a production royalty, the Company received a promissory note in the amount of $35.0 million as part of the Red Mile transaction. The Company received a similar promissory note at the end of 2005 for $14.0 million. This transaction is detailed in Note 4 to the unaudited consolidated financial statements.

During the year, the Company disposed of a portion of its portfolio investment for proceeds of $5.0 million. The Company holds several investments in publicly traded entities which have a book value of $1.4 million and fair market value of $1.9 million at December 31, 2006.

Financing

In November, the Company completed a private placement offering for the issue of 3,333,028 common shares, issued on a flow-through basis for $1.65 per share, for gross proceeds of $5.5 million. These proceeds will be used to partially fund exploration programs at both Madsen and Seabee properties.

The proceeds on sale of royalty relates to the $35.0 million payment received on the Red Mile transaction. The Company sold a similar production royalty at the end of 2005.

The Company borrowed $5.0 million in the form of a demand loan bearing interest at prime plus 1.5%, payable in monthly installments of $83,333 plus interest and due December 2007. The Company also borrowed $5.0 million in the form of a demand loan in 2005. During the year, the Company repaid $1.3 million on its demand loans.

The proceeds and repayments on capital lease obligations relate primarily to equipment acquired for the Porky and Santoy Lake bulk sample projects.

OUTLOOK

For 2007, the Company will focus on the following:

	i advance the Madsen exploration property - investing in both surface and underground drilling programs; ii advance Seabee area exploration properties – completing the Santoy 7 bulk sample and targeting Santoy 8 for proposed pre-feasibility study; iii continue Seabee mine exploration and development to increase or sustain reserves and resources; iv invest in capital projects to increase productivity, efficiency and effectiveness of the Seabee mine operations.

Seabee mine gold production is forecast at 48,000 ounces with mine operating costs similar to 2006. Capital investment is expected to increase as a result of added investment at Madsen and the Seabee mine and area.

Oil and gas revenues are expected to remain at 2006 levels or decline slightly – a result of normal production declines combined with similar petroleum and natural gas pricing. Operating costs should remain consistent or increase slightly to $2.5 million. Capital expenditures should remain similar to 2006 actuals.

KEY SENSITIVITIES

Earnings from Claude’s gold and oil & gas operations are sensitive to fluctuations in both commodity and currency prices. The key factors and their approximate effect on earnings, earnings per share and cash flow, based on assumptions comparable to 2006 actuals, are as follows:

Gold

For a US $10 price movement in gold price per ounce, earnings and cash flow will have a corresponding movement of CDN $0.5 million, or $0.01 per share. For a $0.01 movement in the US$/CDN$ exchange rate, earnings and cash flow will have a corresponding movement of $0.4 million.

Oil & Natural Gas

For a US $5 price movement in oil price per barrel, earnings and cash flow will have a corresponding movement of $0.4 million ($0.00 per share). For a US $1 price movement in natural gas price per MCF, earnings and cash flow will have a corresponding movement of $0.7 million ($0.01 per share). A $0.01 movement in the US$/CDN$ exchange rate does not have a material effect on earnings and cash flow.

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

To mitigate the effects of price fluctuations on revenues, the Company may undertake hedging transactions, from time to time, in respect of foreign exchange rates and the price of gold. At December 31, 2006, the Company had no outstanding foreign exchange or forward gold contracts.

Balance Sheet

The Company’s total assets were $145.7 million at December 31, 2006, compared to $94.9 million at year-end 2005. The increase is mostly attributable to investments at the Seabee mine as well as the promissory note received on the sale of a production royalty.

The Company has an $8.0 million loan outstanding. As it is a demand loan, the entire amount has been classified as a current liability for accounting purposes. Working capital improved by 12% from $6.9 million at December 31, 2005 to $7.7 million at December 31, 2006. The long-term debt amounting to $56.6 million relates to the Red Mile royalty obligations and capital lease obligations.

Shareholders’ equity for the year ended December 31, 2006 increased by $9.8 million. The increase reflects net earnings of $6.4 million, an increase to share capital of $2.9 million that was due primarily to a private placement during the year (offset by the renunciation of the tax benefit from the prior year’s flow-through shares), and a $0.5 million increase to contributed surplus that relates to the accounting for stock options.

Outstanding Share Data

At December 31, 2006, there were 76.3 million common shares outstanding. In addition, there were 3.4 million employee stock options and 2.3 million warrants outstanding, with exercise prices ranging from $0.53 to $2.10 per share and $1.10 to $1.30 per share, respectively.

Disclosure Controls And Procedures

As of December 31, 2006, the Company evaluated its disclosure controls and procedures as defined under Multilateral Instrument 52-109. This evaluation was performed by the Chief Executive Officer and the Chief Financial Officer with the assistance of other Company employees to the extent necessary or appropriate. Based on this evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the design and operation of these disclosure controls and procedures were effective.

Internal Controls Over Financial Reporting

Management is responsible for establishing and maintaining adequate internal control over financial reporting to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP. Management assessed the effectiveness of its internal control over financial reporting as at December 31, 2006, and based on that assessment determined that its internal control over financial reporting was effective.

No changes were made in the Company’s internal control over financial reporting during the year ended December 31, 2006, that have materially affected, or are reasonably likely to materially affect, internal control over financial reporting.

Non-Gaap Performance Measures

The Company reports its operating, depreciation and depletion costs on a per-ounce basis, based on uniform standards developed by the Gold Institute. Management uses this measure to analyze the profitability, compared to average realized gold prices, of the Seabee mine. Investors are cautioned that the above measures may not be comparable to similarly titled measures of other companies, should these companies not follow the Gold Institute standards.

Cash flow from operations is cash from operations before the net change in non-cash working capital items. Cash flow from operations per common share is determined by dividing the cash flow from operations by the weighted average number of common shares outstanding during the year. Management uses this measure to analyze the cash generated by its operations. These measures are not necessarily indicative of operating profit or cash from operations as determined under Canadian GAAP. Investors are cautioned that the above measures may not be comparable to similarly titled measures of other companies.

Caution Regarding Forward-Looking Information

This Press Release contains “forward-looking statements” that are based on Claude Resources Inc.’s expectations, estimates and projections as of the dates the statements were made. Generally, these forward-looking statements can be identified by the use of terminology such as “outlook”, “anticipate”, “project”, “forecast”, “target”, “believe”, “estimate”, “expect”, “intent”, “should”, “could” and similar expressions. These forward-looking statements are subject to known and unknown risks and uncertainties and other factors which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements. Such factors include, but are not limited to, gold price and foreign currency exchange rate volatility and to uncertainties and costs related to: exploration and development activities, production rates, cash and total costs of production, or the ability to obtain necessary permitting or financing.

A discussion of these and other factors that may affect Claude Resources Inc.’s actual results, performance, achievements or financial position is contained in the filings by Claude Resources with the Canadian provincial securities commissions and the United States Securities and Exchange Commission.

This list is not exhaustive of the factors that may affect Claude Resources Inc.’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on forward-looking statements. Claude Resources Inc. does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except in accordance with applicable securities law.