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Brightrock Gold Corp. Announces The Appointment of Astra Audit And Advisory LLC, A PCAOB-Registered Independent Auditor, To Support The Continued Transition To A Fully SEC-Reporting Corporation

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BrightRock Gold Corp. (OTC Pink:BRGC), a lithium exploration company, has appointed Astra Audit and Advisory , a PCAOB-registered firm, to audit its financial statements for the fiscal year ending December 31, 2023. This move is part of BRGC's strategy to transition from OTC markets to becoming a fully SEC-reporting and potentially list on a senior exchange. Astra will also address missing financial reports from 2000 to 2006, enabling BRGC to reapply to FINRA for a name and symbol change. The engagement of a PCAOB-registered auditor is expected to enhance transparency and investor confidence. CEO Mac J. Shahsavar emphasized that this step is important for the company's growth and long-term goals, aiming to provide greater certainty to shareholders and future investors.

BrightRock Gold Corp. (OTC Pink:BRGC), una società di esplorazione del litio, ha nominato Astra Audit and Advisory, una società registrata presso il PCAOB, per auditare i suoi bilanci finanziari per l'esercizio fiscale che si conclude il 31 dicembre 2023. Questa mossa fa parte della strategia di BRGC di passare dai mercati OTC a diventare una società completamente riportante alla SEC e potenzialmente quotarsi su un mercato senior. Astra si occuperà anche dei rapporti finanziari mancanti dal 2000 al 2006, consentendo a BRGC di ripresentare domanda a FINRA per un cambiamento di nome e simbolo. L'ingaggio di un revisore registrato presso il PCAOB dovrebbe migliorare la trasparenza e la fiducia degli investitori. Il CEO Mac J. Shahsavar ha sottolineato che questo passo è importante per la crescita dell'azienda e per i suoi obiettivi a lungo termine, mirando a offrire maggiore certezza agli azionisti e ai futuri investitori.

BrightRock Gold Corp. (OTC Pink:BRGC), una empresa de exploración de litio, ha nombrado a Astra Audit and Advisory, una firma registrada en PCAOB, para auditar sus estados financieros para el año fiscal que finaliza el 31 de diciembre de 2023. Este movimiento es parte de la estrategia de BRGC para transitar de los mercados OTC a convertirse en una empresa completamente informante a la SEC y potencialmente listar en un intercambio senior. Astra también abordará los informes financieros faltantes desde 2000 hasta 2006, lo que permitirá a BRGC volver a solicitar a FINRA un cambio de nombre y símbolo. El compromiso de un auditor registrado en PCAOB se espera que mejore la transparencia y la confianza de los inversores. El CEO Mac J. Shahsavar enfatizó que este paso es importante para el crecimiento de la empresa y sus objetivos a largo plazo, buscando proporcionar mayor certeza a los accionistas y futuros inversores.

BrightRock Gold Corp. (OTC Pink:BRGC), 리튬 탐사 회사는 Astra Audit and Advisory를 PCAOB에 등록된 감사 회사로 임명하여 2023년 12월 31일 종료되는 회계 연도의 재무 제표를 감사하게 합니다. 이번 결정은 BRGC의 OTC 시장에서 SEC 보고 회사로 전환하고 고위 거래소에 상장할 가능성을 높이기 위한 전략의 일환입니다. Astra는 2000년부터 2006년까지의 누락된 재무 보고서를 처리하여 BRGC가 이름 및 기호 변경을 위해 FINRA에 재신청할 수 있도록 할 것입니다. PCAOB 등록 감사인을 고용함으로써 투명성과 투자자 신뢰도가 향상될 것으로 기대됩니다. CEO Mac J. Shahsavar는 이 단계가 회사의 성장과 장기 목표에 중요하며, 주주 및 미래 투자자에게 더 큰 확실성을 제공하기 위한 것이라고 강조했습니다.

BrightRock Gold Corp. (OTC Pink:BRGC), une société d'exploration du lithium, a nommé Astra Audit and Advisory, une entreprise enregistrée auprès de la PCAOB, pour auditer ses états financiers pour l'exercice clos le 31 décembre 2023. Ce mouvement s'inscrit dans la stratégie de BRGC visant à passer des marchés OTC à devenir une entreprise entièrement soumise à l SEC et potentiellement à se coter sur une bourse senior. Astra s'attaquera également aux rapports financiers manquants de 2000 à 2006, permettant à BRGC de redemander à la FINRA un changement de nom et de symbole. L'engagement d'un auditeur enregistré auprès de la PCAOB devrait renforcer la transparence et la confiance des investisseurs. Le PDG Mac J. Shahsavar a souligné que cette étape est importante pour la croissance de l'entreprise et ses objectifs à long terme, cherchant à offrir une plus grande certitude aux actionnaires et aux futurs investisseurs.

BrightRock Gold Corp. (OTC Pink:BRGC), ein Lithium-Explorationsunternehmen, hat Astra Audit and Advisory beauftragt, eine PCAOB-registrierte Firma, die Finanzberichte für das am 31. Dezember 2023 endende Geschäftsjahr zu prüfen. Dieser Schritt ist Teil der Strategie von BRGC, von den OTC-Märkten zu einem vollständig SEC-berichtenden Unternehmen zu wechseln und möglicherweise an einer Senior-Börse gelistet zu werden. Astra wird auch fehlende Finanzberichte aus den Jahren 2000 bis 2006 ansprechen, wodurch BRGC die Möglichkeit gegeben wird, bei FINRA einen Antrag auf Namens- und Symboländerung zu stellen. Die Beauftragung eines bei PCAOB registrierten Prüfers soll die Transparenz und das Vertrauen der Investoren erhöhen. CEO Mac J. Shahsavar betonte, dass dieser Schritt wichtig für das Wachstum des Unternehmens und dessen langfristige Ziele sei, mit dem Ziel, den Aktionären und zukünftigen Investoren mehr Sicherheit zu bieten.

Positive
  • Engagement of PCAOB-registered auditor Astra Audit and Advisory
  • Progress towards becoming a fully SEC-reporting
  • Potential uplisting to a senior exchange
  • Addressing missing financial reports from 2000 to 2006
  • Reapplication to FINRA for name and symbol change
Negative
  • Existence of missing financial reports from 2000 to 2006
  • Current listing on OTC Pink market, which is less regulated

GURNEE, IL / ACCESSWIRE / September 9, 2024 / BrightRock Gold Corp. (OTC Pink:BRGC), a lithium exploration company focused on developing its flagship project, "Revival of the Midnight Owl Mine," formerly known in historical records as the "Lithium King Mine," located approximately 60 miles from Phoenix, Arizona, announces that it has engaged Astra Audit and Advisory LLC, a PCAOB-registered firm, to audit the corporation's financial statements for the fiscal year ending December 31, 2023. As part of the engagement, Astra Audit and Advisory LLC will also solve the deficiencies of missing financial reports with the SEC from 2000 to 2006, enabling a reapplication to FINRA for a name and symbol change. To maintain SEC reporting, Astra will conduct an ongoing evaluation of the following and future interim periods.

The Sarbanes-Oxley Act mandates that public accounting firms register with the PCAOB (Public Company Accounting Oversight Board) in order to prepare or issue audit reports for U.S. public companies. The PCAOB regulates the audits of companies with securities listed in the United States. In 2003, the PCAOB implemented rules requiring audit firms of U.S.-listed companies to register. The PCAOB oversees these audits, ensuring compliance with auditing standards through inspections. Registered public accounting firms and their associates are required to adhere to all applicable auditing and professional practice standards, and they are subject to annual inspections.

Mac J. Shahsavar, P.Eng., Chairman and CEO of BrightRock, stated, "To build on our significant growth over the past year, BrightRock is ready to move towards listing on a senior exchange. Engaging a PCAOB-registered independent audit firm is a critical step in BRGC's transition from the OTC markets to becoming a fully reporting company. This will provide greater certainty, transparency, and confidence to both current shareholders and future investors, while supporting the company in achieving its long-term goals and enhancing shareholder value."

About BrightRock Gold Corp.

BrightRock Gold Corp. is a lithium exploration company focused on developing its flagship project "Revival of the Midnight Owl Mine". Previously known in historical records as the "Lithium King Mine," it is located approximately 13 miles east of Wickenburg, Arizona. BrightRock Gold Corp. holds 100% ownership and interest in the "Midnight Owl Mine," along with an adjoining 5040 acres, or 244 lode claims. A lithium pegmatite project strategically located within 170 miles of three billion-dollar gigafactories under current construction. The company is seeking to develop this portfolio of lithium-rich assets to become a major supplier of lithium-based products.

To learn more about BrightRock Gold Corp. Visit:

Corporate Website: http://brightrockgold.com/and/or https://northamericalithium.com/
Corporate Twitter: https://twitter.com/brightrock_corp
Corporate Linkedin: https://www.linkedin.com/company/brgc-corp
Corporate Instagram: https://www.instagram.com/brightrock_gold_corp/

CONTACT:

BrightRock Gold Corporation
Phone 866-600-5444
brightrockgold@gmail.com

FORWARD-LOOKING STATEMENTS:

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause materially different results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. For a discussion of these risks and uncertainties, please see our filings with the OTC Markets Group Inc. Our public filings with the OTC Markets Group Inc are available from commercial document retrieval services and at the website maintained by the OTC Markets at https://www.otcmarkets.com/stock/BRGC/disclosure.

SOURCE: BrightRock Gold Corp



View the original press release on accesswire.com

FAQ

Why did BrightRock Gold Corp. (BRGC) appoint Astra Audit and Advisory ?

BRGC appointed Astra Audit and Advisory , a PCAOB-registered firm, to audit its financial statements for the fiscal year ending December 31, 2023, as part of its transition to becoming a fully SEC-reporting and potentially listing on a senior exchange.

What will Astra Audit and Advisory do for BrightRock Gold Corp. (BRGC)?

Astra will audit BRGC's financial statements, address missing financial reports from 2000 to 2006, and conduct ongoing evaluations of interim periods to maintain SEC reporting status.

How will the appointment of a PCAOB-registered auditor benefit BrightRock Gold Corp. (BRGC)?

The appointment is expected to enhance transparency, investor confidence, and support BRGC's transition from OTC markets to becoming a fully reporting company, potentially leading to a listing on a senior exchange.

What is BrightRock Gold Corp.'s (BRGC) plan for its stock symbol?

BRGC plans to reapply to FINRA for a name and symbol change after addressing the missing financial reports from 2000 to 2006.

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