Dece mber 12 , 202 3 – Baselode Energy Corp.
Baselode
A
nnounces
C
hange
of
A
uditor
Toronto, Ontario
–
Dece
mber
12
,
202
3
–
Baselode Energy Corp.
(TSXV: FIND
,
OTCQB: BSENF) (
“
Baselode
”
or the
“
Company
”
)
announces that McGovern Hurley LLP (the “Former Auditor”) have, at the request of
the Company, resigned as auditors of the Company, effective December
12
, 2023. Accordingly, the Board
of Directors has appointed MNP LLP (the “Successor Auditor”) as auditors 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 auditors 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 t
he letter from the Former Auditor and the
letter from the Successor Auditor.
About Baselode
Energy Corp.
Baselode controls 100% o
f approximately
264,172 hectares
for explora on
in the Athabasca Basin area,
northern Saskatchewan, Canada.
The land package is free of any op on agreements or underlying
royal es.
The Company discovered the ACKIO near
-
surface, uranium prospect in September 2021.
ACKIO measures
greater than 375 m along strike, greater than 150 m wide, comprised of at least
9
separate
uranium Pods
,
with mineraliza on star ng as shallow as 2
8
m
and 32 m
beneath the surface
in Pods 1 and 7, respec vely,
and down to approximately 300 m depth beneath the surface with the bulk of mineraliza on occurring in
the upper
12
0 m. ACKIO remains open
at depth, and to the north,
south and east
.
Baselode's Athabasca 2.0 explora on thesis
focuses on discovering near
-
surface, basement
-
hosted, high
-
grade uranium orebodies outside
the Athabasca Basin. The explora on thesis is further compl
e
mented by
the Company's preferred use of innova ve and well
-
understood geophysical methods to map deep
structural controls to iden fy shallow targets for diamond
drilling.
.
For the latest videos from
Baselode
, Ore Group, and all things Mining, subscribe to our YouTube Chanel:
youtube.com/@theoregroup
For further informa on, please contact us:
Baselode Energy Corp.
FIND on the TSXV
www.baselode.com
James Sykes,
CEO,
President and
Director
306
-
221
-
8717
Neither the TSX Venture Exchange nor its
Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
Forward
-
Looking Statements
Certain information set forth in this news release contains forward
-
looking statements or information
("forward
-
looking statements)", including details about the business of the Company. All statements in
this news
release, other than statements of historical facts, that address events or developments that the
Company
expects to occur, are forward
-
looking statements, including, but not limited to, the statements
with respect to the Company's plans with respect
the Thierry property
. By their nature, forwa
rd
-
looking
statements
are subject to numerous risks and uncertainties, some of which are beyond the Company's
control, including
the impact of general economic conditions, industry conditions, volatility of commodity
prices, currency
fluctuations, environmental risks, operational risks, competition from other industry
participants, stock market
volatility. Although the Company believes that the expectations in its forward
-
looking statements are
reasonable, its forward
-
looking statements have been based
on factors and
assumptions concerning future
events which may prove to be inaccurate. Those factors and assumptions
are based upon currently available
information. Such statements are subject to known and unknown risks,
uncertainties and other factors that
could influence actual results or events and cause actual results or
events to differ materially from those
stated, anticipated or implied in the forward
-
looking statements.
Accordingly, readers are cautioned not to
place undue reliance on the forwa
rd
-
looking statements, as no
assurance can be provided as to future results,
levels of activity or achievements. Risks, uncertainties,
material assumptions and other factors that could
affect actual results are discussed in the Company's
public disclosure documents available at
www.sedar.com.. Furthermore, the forward
-
looking statements
contained in this document are made as of the
date of this document and, except as required by applicable
law, the Company does not undertake any
obligation to publicl
y update or to revise any of the included
forward
-
looking statements, whether as a result of
new information, future events or otherwise. The
forward
-
looking statements contained in this document are
expressly qualified by this cautionary
statement.