On August 22, 2012, the U.S. Securities and Exchange Commission (SEC) approved the final rule regarding the sourcing of conflict minerals under Section 1502 of the Dodd‐Frank Wall Street Reform and Consumer Protection Act. Under this rule, publicly traded companies must report to the SEC the presence of conflict minerals originating in the DRC or adjoining countries in the products they manufacture or contract to manufacture if the conflict
minerals are necessary to the functionality or production of a product. These reports must be filed annually by May 31st beginning in 2014.
Conflict Minerals refers to certain minerals and their derivatives mined in the eastern province of the Democratic Republic of the Congo (“DRC”) and in the adjoining countries (“DRC Region”) where revenues generated by their sale may be directly or indirectly financing armed groups engaged in civil war resulting in serious social and environmental abuses.
Miraco, Inc. has taken steps to institute a procedure to ensure that we are in compliance with this legislation, including:
Based on the information provided by suppliers to date, we are not aware of any conflict minerals sourced from the DRC or adjoining countries in our supply chain. If we discover the use of these minerals produced in facilities that are considered to be “non‐conflict free”, in any material, parts or components we procure, we will take appropriate actions to transition product to be “conflict free”.