Critical One Announces Change of Auditor
Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) has announced a change in its auditing firm. PKF Antares Professional has resigned as the company's auditor effective February 11, 2025, at the company's request. The company has appointed Horizon Assurance LLP of Markham, Ontario as its new auditor.
The Former Auditor's reports contained no reservations for the two most recently completed fiscal years, and there were no reportable events, disagreements, consultations, or unresolved issues as defined in NI 51-102. The change has been approved by Critical One's audit committee and Board of Directors, with all relevant documentation available on www.sedarplus.ca.
Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) ha annunciato un cambiamento nel suo studio di revisione. PKF Antares Professional ha rassegnato le dimissioni come revisore dell'azienda a partire dall'11 febbraio 2025, su richiesta della società. L'azienda ha nominato Horizon Assurance LLP di Markham, Ontario, come nuovo revisore.
I rapporti del precedente revisore non contenevano riserve per gli ultimi due anni fiscali completati, e non ci sono stati eventi segnalabili, disaccordi, consultazioni o questioni irrisolte come definito nella NI 51-102. Il cambiamento è stato approvato dal comitato di revisione e dal Consiglio di Amministrazione di Critical One, con tutta la documentazione pertinente disponibile su www.sedarplus.ca.
Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) ha anunciado un cambio en su firma de auditoría. PKF Antares Professional ha renunciado como auditor de la empresa a partir del 11 de febrero de 2025, a solicitud de la compañía. La empresa ha nombrado a Horizon Assurance LLP de Markham, Ontario, como su nuevo auditor.
Los informes del auditor anterior no contenían reservas para los dos últimos años fiscales completados, y no hubo eventos reportables, desacuerdos, consultas o problemas no resueltos según lo definido en NI 51-102. El cambio ha sido aprobado por el comité de auditoría y la Junta Directiva de Critical One, con toda la documentación relevante disponible en www.sedarplus.ca.
Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF)는 감사 법인 변경을 발표했습니다. PKF Antares Professional은 회사의 요청에 따라 2025년 2월 11일부터 회사의 감사인으로서 사임했습니다. 회사는 온타리오주 마컴의 Horizon Assurance LLP를 새로운 감사인으로 임명했습니다.
이전 감사인의 보고서는 최근 완료된 두 회계 연도에 대해 어떠한 유보 사항도 포함하지 않았으며, NI 51-102에 정의된 바와 같이 보고 가능한 사건, 의견 불일치, 상담 또는 해결되지 않은 문제가 없었습니다. 이 변경은 Critical One의 감사 위원회와 이사회에서 승인되었으며, 관련 문서는 www.sedarplus.ca에서 확인할 수 있습니다.
Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) a annoncé un changement de son cabinet d'audit. PKF Antares Professional a démissionné en tant qu'auditeur de l'entreprise à compter du 11 février 2025, à la demande de la société. L'entreprise a nommé Horizon Assurance LLP de Markham, Ontario, comme nouvel auditeur.
Les rapports de l'ancien auditeur ne contenaient aucune réserve pour les deux derniers exercices fiscaux achevés, et il n'y a eu aucun événement à signaler, désaccord, consultation ou problème non résolu tel que défini dans la NI 51-102. Le changement a été approuvé par le comité d'audit et le conseil d'administration de Critical One, avec tous les documents pertinents disponibles sur www.sedarplus.ca.
Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) hat eine Änderung seiner Wirtschaftsprüfungsgesellschaft bekannt gegeben. PKF Antares Professional hat auf Wunsch des Unternehmens zum 11. Februar 2025 als Auditor des Unternehmens resigniert. Das Unternehmen hat Horizon Assurance LLP aus Markham, Ontario, als neuen Auditor ernannt.
Die Berichte des ehemaligen Auditors enthielten für die beiden zuletzt abgeschlossenen Geschäftsjahre keine Vorbehalte, und es gab keine meldepflichtigen Ereignisse, Meinungsverschiedenheiten, Konsultationen oder ungelöste Probleme gemäß NI 51-102. Die Änderung wurde vom Prüfungsausschuss und dem Vorstand von Critical One genehmigt, und alle relevanten Dokumente sind auf www.sedarplus.ca verfügbar.
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TORONTO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (Formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is announcing that, at the request of the Company, PKF Antares Professional Corporation, Chartered Professional Accountants (the “Former Auditor”) has resigned as auditors of the Company effective February 11, 2025. The Company has appointed and engaged Horizon Assurance LLP, Chartered Professional Accountant (the “Successor Auditor”) of Markham, Ontario, as auditors for the Company effective February 11, 2025.
There were no reservations in the Former Auditor’s reports for the two most recently completed fiscal years or for any period after the most recently completed period for which an audit report was issued and preceding the date of the Former Auditor’s resignation. There are no reportable events, including disagreements, consultations, or unresolved issues as defined in National Instrument 51-102 Continuous Disclosure Obligations (“NI 51-102”) (Part 4.11) between the Company and the Former Auditor.
The Company requested the resignation of the Former Auditor as auditor for the Company, and the change has been approved by the Company’s audit committee and the Board of Directors. The notice of change of auditor, together with the letter from the Former Auditor and the letter from the Successor Auditor, have been reviewed by the Company’s audit committee and its Board of Directors and are posted at www.sedarplus.ca.
About Critical One
Critical One Energy Inc. (formerly Madison Metals Inc.) is a forward-focused critical minerals and upstream energy company, powering the future of clean energy and advanced technologies. Backed by seasoned management expertise and prime resource assets, Critical One is strategically positioned to meet the rising global demand for critical minerals and metals. Its mine exploration portfolio is led by antimony in Canada and uranium in Namibia, Africa. By leveraging its technical, managerial, and financial expertise, the Company upgrades and creates high-value projects while joint venturing non-core assets to generate cash flow, driving growth and delivering value for its shareholders.
Additional information about Critical One Energy Inc. can be found at madisonmetals.ca and on the Company’s SEDAR+ profile at sedarplus.ca.
For further information, please contact:
Duane Parnham
Executive Chairman & CEO
Critical One Energy Inc.
+1 (416) 489-0092
ir@madisonmetals.ca
Media inquiries:
Adam Bello
Manager, Media & Analyst Relations
Primoris Group Inc.
+1 (416) 489-0092
media@primorisgroup.com
Neither the Canadian Securities Exchange nor CIRO accepts responsibility for the adequacy or accuracy of this release.
Forward-looking Statements
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking statements concern the Company’s strategic plans, and completion of the proposed transaction described herein. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. The actual results could differ materially from those anticipated in this forward-looking information as a result of certain risk factors.
Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
FAQ
Why did Critical One Energy (MMTLF) change its auditor in February 2025?
Were there any issues or disagreements with MMTLF's former auditor PKF Antares?
Who is Critical One Energy's (MMTLF) new auditor as of February 2025?
Where can investors find documentation about MMTLF's auditor change?
