Founders Metals Announces Change of Auditor
Founders Metals Announces Change of
Auditor
Edmonton, Alberta--(Newsfile Corp. - September 1, 2022) -
Founders Metals Inc.
(TSXV:
FDR
)
("
Founders
"
or the
"
Company
")
is pleased to announce that it has changed its auditors from Dale
Matheson Carr-Hilton Labonte (the "Former Auditor") to MS Partners LLP (the "Successor Auditor")
effective July 25, 2022 (the "Effective Date").
At the request of the Company, the Former Auditor resigned as auditor of the Company effective the
Effective Date and the Board of Directors of the Company appointed the Successor Auditor as the
Company's auditor effective as of the Effective Date to hold office until the next annual meeting of the
shareholders of the Company.
There were no modified opinions in the Former Auditor's reports in connection with the two most recently
completed fiscal years of the Company. There are no "reportable events" (as that term is defined in
National Instrument 51-102 Continuous Disclosure Obligations) between the Company and the Former
Auditor.
In accordance with National Instrument 51-102, the resignation of the Former Auditor, the Appointment of
the Successor Auditor, the notice of change of auditor, together with the required letters from the former
auditor and the successor auditor, have been reviewed and approved by the Audit Committee and the
Board of Directors and has been filed on
www.SEDAR.com
under the Company's profile.
About Founders Metals Inc.
Founders Metals Inc. is a Canadian exploration company focused on advancing the resource potential of
the Elmtree Gold Project in northeastern New Brunswick. The road-accessible project consists of three
expansion-ready gold deposits and numerous additional exploration targets. Founders Metals is a
member of the
Metals Group
of companies, an award-winning team of professionals who prioritize
technical excellence, careful project selection, and uncompromising corporate governance. The team
has a recognized ability to capitalize on investment opportunities and deliver shareholder returns.
ON BEHALF OF THE BOARD OF DIRECTORS
Per:
"John Williamson"
John Williamson
, P.Geol., Chief Executive Officer
For further information, please contact:
Nick Stajduhar, Director
Telephone: +1 (780) 701-3216
Email:
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release may contain certain "forward-looking statements." Forward-looking statements
involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the
Company's actual results, performance, or achievements to be materially different from any future results,
performance, or achievements expressed or implied by the forward-looking statements. Any forward-
looking statement speaks only as of the date of this news release. Except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking
statement, whether because of new information or future events, or results or otherwise.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/135722