Abasca Announces Change of Auditor
Abasca Announces Change of Auditor
SASKATOON, SASKATCHEWAN / ACCESSWIRE / October 3, 2023 / Abasca
Resources Inc. ("Abasca" or the "Company") (TSX-V:ABA) announces that Manning
Elliott LLP, Chartered Professional Accountants (the "Former Auditor") have, at the
request of the Company, resigned as auditor of the Company, effective September 18,
2023. Accordingly, the Board of Directors has appointed McGovern HurleyLLP,
Chartered Professional Accountants (the "Successor Auditor") as auditor of the
Company.
There were no reservations in the Former Auditor's audit reports for the period
commencing at the beginning of the Company's two most recent financial years and
ending at the date of the resignation of the Former Auditor. There are no "reportable
events" (as the term is defined in National Instrument 51-102 - Continuous Disclosure
Obligations) between the Company and the Former Auditor.
The resignation of the Former Auditor as auditor of the Company has been approved
by the Company's Board of Directors and Audit Committee. The Company's Audit
Committee and Board of Directors have reviewed the Notice of Change of Auditors,
together with the letter from the Former Auditor and the letter from the Successor
Auditor and will be filed on SEDAR+ at www.sedarplus.ca, in accordance with NI
51-102.
About Abasca Resources Inc.
Abasca is a mineral exploration company that is primarily engaged in the acquisition
and evaluation of mineral exploration properties. The Company owns the Key Lake
South Uranium Project, a 23,977-hectare uranium exploration project located in the
Athabasca Basin Region in northern Saskatchewan, approximately 15 km south of the
former Key Lake mine and current Key Lake mill.
On behalf of Abasca Resources Inc.
Dawn Zhou, M.Sc, CPA, CGA
President, CEO and Director
For more information visit the Company's website at https://www.abasca.ca or
contact:
Abasca Resources Inc.
Email: [email protected]
Telephone: +1 (306) 933 4261
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange Inc.) accepts
responsibility for the adequacy or accuracy of this news release.
Forward-Looking Statements
This news release may contain certain forward-looking information and statements
("forward-looking information") within the meaning of applicable Canadian securities
legislation, that are not based on historical fact, including without limitation
statements containing the words "believes", "anticipates", "plans", "intends", "will",
"should", "expects", "continue", "estimate", "forecasts" and other similar expressions.
Readers are cautioned to not place undue reliance on forward-looking information.
Actual results and developments may differ materially from those contemplated by
these statements. Abasca undertakes no obligation to comment on analyses,
expectations or statements made by third-parties in respect of Abasca, its securities, or
financial or operating results (as applicable). Although Abasca believes that the
expectations reflected in forward-looking information in this news release are
reasonable, such forward-looking information has been based on expectations, factors
and assumptions concerning future events which may prove to be inaccurate and are
subject to numerous risks and uncertainties, certain of which are beyond Abasca's
control, including the risk factors discussed in the Filing Statement which are
incorporated herein by reference and are available through SEDAR
at www.sedar.com. The forward-looking information contained in this news release
are expressly qualified by this cautionary statement and are made as of the date
hereof. Abasca disclaims any intention and has no obligation or responsibility, except
as required by law, to update or revise any forward-looking information, whether as a
result of new information, future events or otherwise.
SOURCE: Abasca Resources Inc.