Official #DISRUPTMINING RULES (the Rules)

~ Updated February 28, 2018

Introduction

The #DisruptMining challenge (the Challenge) combines a cross-sector innovation expo and a “shark-tank” style live event at the Prospectors and Developers Association of Canada (PDAC) Conference to accelerate the pace of mining innovation. It’s a catalyst to springboard the mining industry into the digital generation by challenging creative thinkers from every discipline to share ideas and technology more efficiently and productively, and bridge the gap between mining and technology. The Challenge is presented by the Goldcorp Disrupt Mining Society (the Society).

Selection and Awards

Subject to the terms outlined in these Rules, Semi-Finalists and Finalists (as defined herein), as selected by and at the sole discretion of representatives of Goldcorp Inc. (Goldcorp) and the University of British Columbia (UBC), will be eligible to attend and present at the #DisruptMining Expo (the Expo) on Sunday, March 4, 2018 at REBEL Entertainment Complex in Toronto, Canada. Finalists will also be eligible to attend and present at a live “shark-tank” style gala event (the Live Finale) in the evening following the Expo where Goldcorp has made available the opportunity to negotiate up to CAD$1 million in the form of an investment or contract in relation to the technology or business idea with the opportunity to test the idea or technology at a minimum of one of Goldcorp’s active mine or exploration sites (investment not guaranteed, and/or investment may be allocated among two or more of four Finalists; exact level of investment, if any, is at Goldcorp’s sole discretion and subject to completion of appropriate due diligence).

The odds of being selected depend upon the number and calibre of eligible entries received during the Submission Period (as defined herein).

Semi-Finalists and Finalists must accept their selections as awarded, which cannot be transferred, assigned, sold, substituted or redeemed for cash. In the event that your selection consists of or includes attendance at an event that is cancelled, delayed or rescheduled for any reason whatsoever, substitute equivalents will not be provided.

The Semi-Finalists and Finalists may appear at the Expo and Live Finale, as applicable, after they have been successfully contacted and notified of their selection, have complied with the Rules and have executed and returned any waivers, releases and/or documents that may be requested by Goldcorp. A maximum of three attempts will be made to contact each Semi-Finalist and Finalist. If a Semi-Finalist or Finalist is unreachable during the period of 72 hours, or declines the offer of continued participation, an alternate Semi-Finalist or Finalist may be selected.

Any Finalists selected by the judging panel for investment in their technology, will be entitled to enter into discussions with Goldcorp, and possibly others (the Other Investors), regarding the form and level of such investment (as detailed below) within 90 days after the Live Finale, with the level of investment being at either Goldcorp’s and/or the Other Investors’ sole discretion and subject to completion of appropriate due diligence by Goldcorp and/or the Other Investors. Goldcorp has made available the opportunity to negotiate up to CAD$1 million in the form of an investment or contract in relation to the technology or business idea with the opportunity to test the idea or technology at a minimum of one of Goldcorp’s active mine or exploration sites (investment not guaranteed, and/or investment may be allocated among two or more of four Finalists; exact level of investment, if any, is at Goldcorp’s sole discretion and subject to completion of appropriate due diligence).

Semi-Finalists: Semi-Finalists will receive an invitation to present and exhibit at the Expo on Sunday, March 4, 2018 in Toronto, Canada. The Expo will showcase companies working with industry-changing technologies to a select group of an estimated 200–300 industry executives and key decision-makers in order to present how the mining industry can utilize technology to foster, grow and attract investment focused on changing the path of natural resource exploration and extraction. Travel to Toronto, Canada, on Sunday, March 4, 2018 during the 2018 Prospectors and Developers Association of Canada (PDAC) Conference is required, at participants’ own cost, and presentation and exhibition at the Expo on Sunday, March 4, 2018 is required to remain eligible to earn an opportunity to negotiate an investment from Goldcorp.

Finalists: Four Finalists will have the opportunity to present their idea or technology during a live finale to an audience of 1,000+ mining and technology professionals, financiers, and a judging panel of five (or six) industry titans during the Live Finale event. Presentation at the Live Finale event on Sunday, March 4, 2018 is required to remain eligible to earn an opportunity to negotiate an investment from Goldcorp. The Finalists will have the opportunity to negotiate up to CAD$1 million in investment for a proof of concept at one of Goldcorp’s mines or direct investment in the winning technologies.

This total investment is not guaranteed, and may be granted to one Finalist or may be allocated among two or more of the four Finalists, at Goldcorp’s sole discretion. The exact level of investment and terms for investment, if any, are at Goldcorp’s sole discretion and subject to completion of appropriate due diligence.

Submission Period and Key Dates

Submissions will be accepted via the online portal from Tuesday, January 2, 2018 at 12:01am PST / 3:01am EST until Tuesday, January 16, 2018 at 8:59pm PST / 11:59pm EST. Late submissions will not be accepted.

 

#DisruptMining Timeline

  • Tuesday, January 16, 2018: Deadline for submissions
  • Monday, February 5, 2018: Selected disruptors notified
  • Sunday, March 4, 2018: #DisruptMining Innovation Expo and Live Finale

 

Submission Categories

Challenge submissions need to identify the category they are submitting their idea to. A maximum of two categories can be noted.

  1. Feed the Long-Term Pipeline for Metals
  2. Enhance Productivity, Efficiency and Automation
  3. Improve Safety
  4. Reduce Environmental Footprint
  5. Facilitate Open and Transparent Markets
  6. Go Rogue

 

Submission Requirements

The merit of your submission will be initially assessed purely based on the proposal package that you submit. Therefore, the proposal should be thorough, specific, clear, and easy to read. While you will not be able to include the entirety of your concept in your proposal, this section contains rules for elements that are expected to be addressed in a complete proposal. Submission scoring will be broken down into the following five categories. The questions within each category are intended to be advisory in nature; they should not be interpreted as specific judging criteria. Suggestions have been made in each category by our judges as sections or practices to consider including in your proposal. They are not mandatory.

  1. Innovation – 30%
  • Does the idea modify an existing idea, or is it a totally new concept?
  • What is the existing technology in this sphere, and how is this application unique?

Suggested submission section: Competitive Analysis or Explanation of Current Industry Status.

 

  1. Impact and Value – 30%
  • What is the burning platform? Why is this necessary?
  • What value will this bring to the industry?

Suggested submission section: Value Proposition or Financial Model.

 

  1. Implementation and Scalability – 20%
  • Is there a strategy in place to ensure long-term implementation and to outline the feasibility of industry-size scalability?
  • How have the major risks associated with the idea been mitigated?

Suggested submission section: Implementation Strategy or Scalability Model.

 

  1. Delivery – 10%
  • Is the application presented in a clear and concise manner?
  • Are sufficient information and knowledge provided?

Suggested presentation: Ensure overall good grammar, spelling and design.

 

  1. Video – 10%
  • Does the video succinctly explain the proposed idea?
  • Does the video actively engage and educate the viewer?

Suggested presentation: Clear visuals and high-quality audio files.

All applications MUST include:

  • Brief biographies of individual or team members
  • Legal or intellectual ownership status
  • Report submission (maximum of five 8.5 by 11″ pages; minimum 12-point font size; minimum margins are one inch; text in tables and figures may be as small as 9 points)
  • Video is highly recommended (maximum of two minutes)
  • Proposals must be uploaded as a single unlocked PDF document, 20 MB maximum. (Embedded hyperlinks to external content, such as videos, animations or anything else that might help in the selection of an idea or concept, are encouraged.)

 

Basis for Judging

There will be two formal rounds of judging to determine the Semi-Finalists and four Finalists. The University of British Columbia will conduct the first round of judging.

The team from UBC will be composed of individuals with varying backgrounds. UBC will filter submissions to provide a short list, which will then be given to Goldcorp to select Semi-Finalists and four Finalists who will be invited to attend the Expo during the 2018 Prospectors and Developers Association of Canada (PDAC) Conference in Toronto. Semi-Finalists will be invited to showcase at the Expo, and Finalists will be invited to participate in the “shark-tank” style Live Finale. All submissions will be judged according to the scoring rubric. Questions? Contact disruptmining@goldcorp.com.

 

The decisions of the Society, UBC, Goldcorp and the judging panel are final and binding. The Society reserves the right at any time, at its sole discretion, to disqualify any entry that it determines does not comply with the criteria stated below or with these official Rules generally.

Communication

English is the official language for submissions, proposals, presentations, and all communications.

Applicants may be asked for follow-up information; telephone or Skype interviews may be requested. Where such information is requested, applicants must consent to such requests as a condition of eligibility for the Challenge. By entering the Challenge and voluntarily providing certain personal information required by the entry form, applicants consent to the collection, use and disclosure by the Society and Goldcorp of the applicant’s information to administer this contest and for purposes outlined in Goldcorp’s privacy policies.

Eligibility

The Challenge is open to all individuals or groups of individuals in Canada or the United States (excluding residents of Arizona, Colorado, Connecticut, Florida, Maryland, New Jersey, Tennessee and Vermont) who are over the age of majority in their province, state, territory or country of residence. It excludes employees, representatives, sponsors who have paid more than $5,000 in sponsorship fees, relatives, dealers and agents of the Society and Goldcorp (and their respective affiliates).

Teams may participate, but each member of a team must meet all of the above criteria. Members of a team must designate one (1) team member who will serve as the point of contact during the Challenge (referred to as the “Designated Representative”), and by doing so, each team member authorizes the Designated Representative to act on the team’s behalf. Each team member may be required to separately agree to these terms within three business days of Sponsor’s first attempted notice to the team member by email at the email address for the participant provided by the Designated Representative at the time of entry (“Team Confirmation”). Any team submissions that do not comply with the Team Confirmation requirements may not be eligible for participation in the Challenge and/or may be disqualified from participation and ineligible to earn an opportunity to negotiate an investment from Goldcorp.

The Society reserves the right, at its sole discretion, to disqualify any participant who is (i) found to be tampering with the entry process or with the operation and administration of the Challenge; (ii) acting in an unsportsmanlike or disruptive manner, or with the intent to disrupt or undermine the legitimate operation of the Challenge; (iii) or in violation of the Rules.

Automated entries sent via bots will be disqualified. Automated and/or repetitive electronic submissions (including but not limited to entries made using any script, macro, bot or contest service) will be automatically disqualified and transmissions from these or related accounts may be blocked. The Society reserves the right to seek damages and other remedies from any such entrant to the fullest extent permitted by law, including but not limited to criminal prosecution.

Participants must comply with these Rules. Participants will be deemed to have received, understood and agreed to these Rules through their participation in the Challenge.

No purchase or payment of any kind is necessary to enter or win. No skill testing question is required.

Travel and Awards

Finalists and Semi-Finalists must be available to travel to Toronto, Canada, in March of 2018 to participate in the Challenge events. Reasonable pre-approved travel, accommodation and registration expenses up to CAD$5,000 will be reimbursed for one representative from each Finalist (not Semi-Finalist) team to attend the event, subject to provision of reasonable documentation to substantiate the expenses. Each Finalist and Semi-Finalist team member is solely responsible for obtaining any requisite visas or travel documents, and for his or her own insurance arrangements. All Finalists are solely responsible for payment of any taxes owing as a result of their receipt of an investment.

If the winner is a team, only the Designated Representative will be notified.

Intellectual Property Rights and Disclaimer

Any submission submitted in connection to the Challenge must be submitted by participants who have all necessary rights in and to the submission.

The submission must not infringe upon or violate any laws or any third-party rights, including, but not limited to, copyright, patent, trademark, industrial design, trade secret, privacy, publicity or confidentiality rights or other proprietary or contractual rights, and must not include material that is libelous, defamatory, obscene or tortious. Participants agree to indemnify the Society and Goldcorp for any damages that the Society and Goldcorp may incur as a result of a breach of the foregoing requirement.

Participants making submissions acknowledge that disclosure of their idea or technology to the Society or Goldcorp or the public in connection with the Challenge may impact the intellectual property protection available for the idea or technology in Canada and in other countries. Participants should seek independent legal advice prior to disclosure of their idea or technology to the Challenge. Information about Semi-Finalists and their idea or innovation may be used or reproduced in broadcasts, presentations or other marketing materials in connection with the Challenge.

The Society and Goldcorp assume no liability whatsoever for any damage, direct, indirect, consequential or otherwise, that a participant may incur as a result of disclosure of any idea, concept, design, prototype, technology, trade secret, confidential information or any other proprietary material, in connection with the Challenge, including but not limited to any damage arising from a transaction, arrangement or agreement entered into by a Semi-Finalist or Finalist with a third party at or following the Challenge.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, EACH PARTICIPANT HEREBY WAIVES ALL RIGHTS TO CLAIM PUNITIVE, INCIDENTAL, AND CONSEQUENTIAL DAMAGES AND ANY OTHER DAMAGES, OTHER THAN FOR ACTUAL OUT-OF-POCKET EXPENSES, AND ANY AND ALL RIGHTS TO HAVE DAMAGES MULTIPLIED OR OTHERWISE INCREASED. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE MAY NOT APPLY TO YOU.

Disclaimers

The Rules are subject to change at the sole discretion of the Society. Registered participants will receive notification when changes are made. However, participants are encouraged to visit the #DisruptMining Website often to review updates.

The Society is not responsible or liable for late, lost, incomplete, illegible, misdirected, stolen, delayed, damaged or destroyed entries, notifications, replies or any #DisruptMining Release; for lost, interrupted, inaccessible or unavailable networks, servers, Internet Service Providers, websites or other connection related to the Challenge; for errors of any kind, including but not limited to human, electronic, mechanical and/or technical in nature; for failure or technical malfunction of any telephone network or lines, computer and online systems, servers, computer equipment, software, email, players or browsers on account of technical problems or traffic congestion on the Internet, any websites related to the Challenge, including without limitation the #DisruptMining Website, or any combination thereof or otherwise; for any injury or damage to participant, participant’s computer, or any other person’s computer related to or resulting from participating in or downloading material in connection with the Challenge; for incorrect or inaccurate information; and/or for weather conditions, event cancellations, delay or rescheduling or other factors beyond the Society’s control.

CAUTION: ANY ATTEMPT TO UNDERMINE THE LEGITIMATE OPERATION OF #DISRUPTMINING MAY BE A VIOLATION OF CRIMINAL AND CIVIL LAWS AND SHOULD AN ATTEMPT BE MADE, THE SOCIETY RESERVES THE RIGHT TO SEEK DAMAGES OR OTHER REMEDIES FROM ANY SUCH PERSON(S) RESPONSIBLE TO THE FULLEST EXTENT PERMITTED BY LAW.

Subject to applicable law, the Society reserves the right to amend, cancel, terminate or suspend the Challenge (in whole or in part) if for any reason the Challenge cannot be run as planned, including but not limited to: tampering, fraud, or corruption of proper administration of the contest, without providing any prior notice.

Governing Law

The Challenge is subject to applicable federal, provincial and municipal laws and regulations and is void where prohibited by law. All issues and questions concerning the construction, validity, interpretation and enforceability of the #DisruptMining Rules or the rights and obligations as between the entrant and the Society in connection with the Challenge shall be governed by and construed in accordance with the laws of the province of British Columbia including procedural provisions without giving effect to any choice of law or conflict of law rules or provisions that would cause the application of any other jurisdiction’s laws. The decisions of the Society with respect to all aspects of the Challenge are final and binding.

Winner List

To request the name of the winner(s) of the #DisruptMining challenge (available after Monday, March 5, 2018), mail your request, along with a self-addressed stamped envelope to: Disrupt Mining c/o Goldcorp Disrupt Mining Society at 3400 – 666 Burrard Street, Vancouver, BC  V6C 2X8 . Requests received after Tuesday, April 3, 2018 will not be honoured.

Contact

Full challenge rules can be found at www.disruptmining.com
For questions, please contact disruptmining@goldcorp.com