Battery Mineral Resources Corp. Announces Change of Auditor
Battery Mineral Resources Corp. Announces Change of Auditor
Vancouver, British Columbia – (December 8, 2022) – Battery Mineral Resources Corp.
(TSXV: BMR) (OTCQB: BTRMF) (“Battery” or “BMR” or the “Company”) announces
that it has changed its auditors from PricewaterhouseCoopers LLP , Chartered
Professional Accountants ( “PwC” or the “Former Auditor”) to Grant Thornton LLP,
Chartered Professional Accountants ( “Grant Thornton” or the “Successor Auditor”).
At the r equest of the Company, the Former Auditor resigned as the auditor of the
Company and the Board of Directors of the Company appointed the Successor Auditor
as the Company’s auditor in each case effective as of December 6, 2022.
There were no reservations or modified opinions in the Former Auditor’s reports on
the Company’s financial statements during the period that the Former Auditor acted
as the Company’s auditor. In addition, there are no reportable events, including
disagreements, consultations or unresolved issues (as defined in National Instrument
51-102 – Continuous Disclosure Obligations (“NI 51 -102”)) between the Company
and the Former Auditor.
In accordance with NI 51 -102, the notice of change of auditor, together with t he
required letters from the Former Auditor and the Successor Auditor, have been
reviewed by the Board of Directors of the Company and filed on SEDAR.
Battery CFO Max Satel states: “We are pleased to announce the voluntary change in
the Company’s auditor, from PwC to Grant Thornton. The management and Board of
Directors of BMR firmly believe that Gran t Thornton’s expertise and track record in
auditing numerous companies in the metals & mining sector will serve BMR well, on
a cost-effective basis, moving forward.”
About Battery Mineral Resources Corp.
Battery Mineral Resources (“BMR”) is a battery mineral s company providing
shareholders exposure to the global mega-trend of electrification while being focused
on growth through cash -flow, exploration, and acquisitions in favourable mining
jurisdictions. Battery Mineral’s mission is the discovery, acquisition, and development
of battery metals (namely cobalt, lithium, graphite, and copper), in North America,
South America and South Korea, to become a premier and responsible supplier of
battery minerals to the electrification marketplace. BMR is currently pursuing a
potential near-term resumption of operations of the Punitaqui mine, a past copper-
gold producer, in the Coquimbo region of Chile. BMR is the largest mineral claim
holder in the historic Gowganda Cobalt -Silver Camp in Ontario, Canada, and
continues to pursue a focused program to build on the recently announced, +1 -
million-pound high-grade cobalt resource at McAra. In addition, Battery Mineral owns
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100% of ESI Energy Services, Inc. a profitable mainline pipeline and renewable
energy equipment rental and sales company with operations in Alberta, Canada and
Arizona, USA. Battery Minerals Resources is based in Canada and its shares are listed
on the Toronto Venture Exchange under the symbol “BMR” and on the OTCQB under
the symbol “BTRMF”. Further information about B MR and its projects can be found
on www.bmrcorp.com.
For more information, please contact:
Martin Kostuik, CEO
Phone: +1 (604) 229 3830
Mars Investor Relations
+1 (604) 335-1976
Harbor Access Corp.
475-477-9402
Twitter: @BMRcorp_
www.bmrcorp.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the
policies of the TSXV) accepts responsibility for the adequacy or accuracy of this
press release.
Forward Looking Statements
This news release includes certain “forward -looking statements” under applicable
Canadian securities legislation. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could differ materially from
those anticipated in such statements. Forward-looking statements reflect the beliefs,
opinions and projections of the Company on the date the statements are made and
are based upon a number of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant business, economic,
competitive, political and social uncertainties and contingencies. Many factors, both
known and unknown, could cause actual results, performance, or achievements to be
materially different from the results, performance or achievements that are or may
be expressed or implied by such forward -looking statements and the parties have
made assumptions and estimates based on or related to many of these factors. Such
factors include, without limit ation, the ability of the Company to obtain sufficient
financing to complete exploration and development activities, the ability of the
Company to secure the Advances under the Loan Agreement, timing of the
completion of the Company’s audit, risks related to share price and market
conditions, the inherent risks involved in the mining, exploration and development of
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mineral properties, the ability of the Company to meet its anticipated development
schedule, government regulation and fluctuating metal prices. Accordingly, readers
should not place undue reliance on forward-looking statements. Battery undertakes
no obligation to update publicly or otherwise revise any forward -looking statements
contained herein, whether as a result of new information or future e vents or
otherwise, except as may be required by law.