AEX Gold Inc Change of Auditor (5369A)
03 February 2022 - 5:59PM
UK Regulatory
TIDMAEXG
RNS Number : 5369A
AEX Gold Inc
03 February 2022
("AEX" or the "Company")
Change of Auditor
TORONTO, ONTARIO - February 03, 2022 - AEX Gold Inc. (AIM: AEXG;
TSXV: AEX), an independent mining company with an unrivalled land
package of gold and strategic mineral assets covering an area of
4,090km(2) in Southern Greenland, announces the change in auditor
from PricewaterhouseCoopers LLP/s.r.l./s.e.n.c.r.l. ("PwC" or
"Former Auditor") to BDO Canada LLP ("BDO" or "Successor
Auditor").
The appointment of BDO follows the resignation of PwC effective
as of February 01, 2022 (the "Date of Resignation") who has
confirmed that there are no circumstances connected with its
resignation which it considers should be brought to the attention
of the members or creditors of the Company.
-- There were no modifications of opinion by PwC in PwC's
reports on the Company's financial statements for the two most
recently completed fiscal years ended December 31, 2020 and 2019
and for any subsequent period ended the Date of Resignation.
-- There have been no reportable events, including
disagreements, consultations or unresolved issues, as defined in
Section 4.11 of National Instrument 51-102 - Continuous Disclosure
Obligations ("NI 51-102"), in connection with the audits of the two
most recent fiscal years and any subsequent period up to and
including the Date of Resignation.
BDO was appointed as auditor of the Company effective on
February 02, 2022, to fill the vacancy until the next annual
meeting of shareholders of the Company. BDO is familiar with the
Company and served as Reporting Accountant during the Company's AIM
listing in June 2020.
In accordance with NI 51-102, the Notice of Change of Auditor,
together with the required letters from Former Auditor and
Successor Auditor, have been reviewed by the Board of Directors of
the Company and filed on SEDAR.
The Board wishes to take this opportunity to extend appreciation
and gratitude to PwC for its services rendered to the Company for
the past years.
Ends
Enquiries:
AEX Gold Inc.
Eldur Olafsson, Director and CEO
+354 665 2003
eo@aexgold.com
Eddie Wyvill, Investor Relations
+44 (0) 7713 126727
ew@aexgold.com
Stifel Nicolaus Europe Limited (Nominated Adviser and
Broker)
Callum Stewart
Simon Mensley
Ashton Clanfield
+44 (0) 20 7710 7600
Panmure Gordon (UK) Limited (Joint Broker)
John Prior
Hugh Rich
Dougie Mcleod
+44 (0) 20 7886 2500
Camarco (Financial PR)
Billy Clegg
Emily Hall
Lily Pettifar
+44 (0) 20 3757 4980
For Company updates:
Follow @AexGold on Twitter
Follow AEX Gold Inc. on LinkedIn
Further Information:
About AEX
AEX's principal business objectives are the identification,
acquisition, exploration and development of gold properties in
Greenland. The Company's principal asset is a 100% interest in the
Nalunaq Project, an advanced exploration stage property with an
exploitation license including the previously operating Nalunaq
gold mine. The Company has a portfolio of gold assets covering
4,090km(2) , the largest portfolio of gold assets in Southern
Greenland covering the two known gold belts in the region. AEX is
incorporated under the Canada Business Corporations Act and wholly
owns Nalunaq A/S, incorporated under the Greenland Public Companies
Act.
Forward-Looking Information
This press release contains forward-looking information within
the meaning of applicable securities legislation, which reflects
the Company's current expectations regarding future events and the
future growth of the Company's business. In this press release
there is forward-looking information based on a number of
assumptions and subject to a number of risks and uncertainties,
many of which are beyond the Company's control, that could cause
actual results and events to differ materially from those that are
disclosed in or implied by such forward-looking information. Such
risks and uncertainties include, but are not limited to the factors
discussed under "Risk Factors" in the Final Prospectus available
under the Company's profile on SEDAR at www.sedar.com. Any
forward-looking information included in this press release is based
only on information currently available to the Company and speaks
only as of the date on which it is made. Except as required by
applicable securities laws, the Company assumes no obligation to
update or revise any forward-looking information to reflect new
circumstances or events. No securities regulatory authority has
either approved or disapproved of the contents of this press
release. Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Inside Information
This announcement does not contain inside information
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END
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