Sandfire Resources America Announces Change of Auditor

Rhea-AI Summary

Sandfire Resources America has announced the change of its auditor from Ernst & Young LLP to McGovern Hurley LLP effective January 23, 2023. The company confirmed that there were no modified opinions or reportable events from the former auditor regarding its financial statements during the relevant period. This transition complies with the National Instrument 51-102 regulations, and the necessary documentation has been reviewed by the Board of Directors and filed on SEDAR.

Positive

• No modified opinions expressed by the former auditor on financial statements.
• No reportable events identified by the former auditor.
• Change of auditor in compliance with National Instrument 51-102.

Negative

• None.

WHITE SULPHUR SPRINGS, Mont., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that is has changed its auditor from Ernst & Young LLP, Chartered Professional Accountants (the “Former Auditor”) to McGovern Hurley LLP, Chartered Professional Accountants (the “Successor Auditor”) effective as of January 23, 2023.

There have been no modified opinions expressed in the Former Auditor’s auditor reports on any of the Company’s financial statements relating to the “relevant period” (as defined under subsection 4.11(1) of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”)), nor have there been any “reportable events” within the meaning assigned under section 4.11 of NI 51-102.

In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Company’s Board of Directors and Auditor Committee, and filed on SEDAR (www.sedar.com) under the Company’s profile.

Contact Information:
Sandfire Resources America Inc.
Nancy Schlepp, VP of Communications
Mobile: 406-224-8180
Office: 406-547-3466
Email: nschlepp@sandfireamerica.com

Neither the 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.

FAQ

What recent auditor change did Sandfire Resources America announce?

Sandfire Resources America announced the change of its auditor from Ernst & Young LLP to McGovern Hurley LLP effective January 23, 2023.

Were there any issues with the former auditor for Sandfire Resources America?

No modified opinions or reportable events were expressed by the former auditor regarding Sandfire Resources America's financial statements.

Where can I find the auditor change documentation for Sandfire Resources America?

The necessary documentation regarding the auditor change has been filed on SEDAR under Sandfire Resources America's profile.

What regulations did Sandfire Resources America comply with during the auditor change?

Sandfire Resources America complied with the National Instrument 51-102 regulations during the auditor change.

When was the auditor change effective for Sandfire Resources America?

The auditor change was effective as of January 23, 2023.