Xtra Energy Corporation Announces the Engagement of Astra Audit and Advisory LLC, a PCAOB Registered Independent Auditor, as Part of its Preparation to Become a Fully SEC-Reporting Corporation
Xtra Energy (OTC Pink: XTPT), a mineral exploration company focused on the American Antimony Project, has engaged Astra Audit and Advisory , a PCAOB-registered firm, to audit its financial statements for the fiscal years ending December 31, 2022, and 2023. This move is part of XTPT's preparation to become a fully SEC-reporting and transition from OTC markets to a senior exchange.
The engagement of a PCAOB-registered auditor is a important step in enhancing transparency and investor confidence. PCAOB-registered firms are subject to strict regulations and annual inspections, ensuring compliance with auditing standards and rules. This initiative aligns with XTPT's growth strategy and aims to increase shareholder value while providing greater certainty to current and future investors.
Xtra Energy (OTC Pink: XTPT), una società di esplorazione mineraria focalizzata sul Progetto Antimonio Americano, ha incaricato Astra Audit and Advisory, una società registrata PCAOB, di auditare i suoi bilanci finanziari per gli anni fiscali che si concludono il 31 dicembre 2022 e 2023. Questa mossa fa parte della preparazione di XTPT per diventare una società a reportistica completa SEC e per fare la transizione dai mercati OTC a una borsa superiore.
L'impegno di un revisore registrato PCAOB è un passo importante per migliorare la trasparenza e la fiducia degli investitori. Le società registrate PCAOB sono soggette a rigide normative e ispezioni annuali, garantendo la conformità agli standard e alle regole di auditing. Questa iniziativa si allinea con la strategia di crescita di XTPT e mira ad aumentare il valore per gli azionisti, fornendo al contempo maggiore certezza agli investitori attuali e futuri.
Xtra Energy (OTC Pink: XTPT), una empresa de exploración mineral enfocada en el Proyecto de Antimonio Americano, ha contratado a Astra Audit and Advisory, una firma registrada en PCAOB, para auditar sus estados financieros correspondientes a los años fiscales que terminan el 31 de diciembre de 2022 y 2023. Este movimiento es parte de la preparación de XTPT para convertirse en una empresa que reporta completamente a la SEC y hacer la transición de los mercados OTC a una bolsa de valores superior.
El compromiso de un auditor registrado en PCAOB es un paso importante para mejorar la transparencia y la confianza de los inversores. Las firmas registradas en PCAOB están sujetas a estrictas regulaciones e inspecciones anuales, asegurando el cumplimiento de los estándares y reglas de auditoría. Esta iniciativa se alinea con la estrategia de crecimiento de XTPT y tiene como objetivo aumentar el valor para los accionistas mientras proporciona mayor certeza a los inversores actuales y futuros.
Xtra Energy (OTC Pink: XTPT)는 미국 안티몬 프로젝트에 집중하는 광물 탐사 회사로, Astra Audit and Advisory라는 PCAOB 등록 회사를 고용하여 2022년 및 2023년 12월 31일로 끝나는 회계 연도의 재무 제표를 감사받기로 했습니다. 이 조치는 XTPT가 SEC에 완전히 보고하는 회사가 되고 OTC 시장에서 상장 거래소로의 전환을 준비하는 일환입니다.
PCAOB 등록 감사인을 고용하는 것은 투명성을 높이고 투자자 신뢰를 증진하는 데 중요한 단계입니다. PCAOB 등록 회사는 엄격한 규정과 연간 검사를 받으며, 감사 기준 및 규칙 준수를 보장합니다. 이 이니셔티브는 XTPT의 성장 전략과 일치하며, 주주 가치를 증대시키는 동시에 현재 및 미래의 투자자에게 더 큰 확신을 제공하는 것을 목표로 합니다.
Xtra Energy (OTC Pink: XTPT), une société d'exploration minérale axée sur le Projet Antimoine Américain, a engagé Astra Audit and Advisory, un cabinet enregistré auprès de la PCAOB, pour auditer ses états financiers pour les exercices se terminant le 31 décembre 2022 et 2023. Cette démarche fait partie de la préparation d'XTPT pour devenir une entreprise entièrement soumise aux rapports SEC et pour faire la transition des marchés OTC vers une bourse supérieure.
L'engagement d'un auditeur enregistré auprès de la PCAOB est une étape importante pour améliorer la transparence et la confiance des investisseurs. Les entreprises enregistrées auprès de la PCAOB sont soumises à des réglementations strictes et à des inspections annuelles, garantissant le respect des normes et des règles d'audit. Cette initiative s'inscrit dans la stratégie de croissance d'XTPT et vise à accroître la valeur pour les actionnaires tout en offrant une plus grande certitude aux investisseurs actuels et futurs.
Xtra Energy (OTC Pink: XTPT), ein Unternehmen für Mineralexploration, das sich auf das American Antimony Project konzentriert, hat Astra Audit and Advisory, eine beim PCAOB registrierte Firma, beauftragt, die Finanzberichte für die Geschäftsjahre zum 31. Dezember 2022 und 2023 zu prüfen. Dieser Schritt ist Teil der Vorbereitung von XTPT, um zu einem vollständigen SEC-Meldeunternehmen zu werden und von OTC-Märkten auf eine höhere Börse zu wechseln.
Die Beauftragung eines beim PCAOB registrierten Prüfers ist ein wichtiger Schritt zur Verbesserung der Transparenz und des Vertrauens der Investoren. Firmen, die beim PCAOB registriert sind, unterliegen strengen Vorschriften und jährlichen Prüfungen, die die Einhaltung der Prüfungsstandards und -vorschriften sicherstellen. Diese Initiative steht im Einklang mit der Wachstumsstrategie von XTPT und zielt darauf ab, den Aktionärswert zu steigern, während sie gleichzeitig mehr Sicherheit für aktuelle und zukünftige Investoren bietet.
- Engagement of PCAOB-registered auditor Astra Audit and Advisory
- Preparation to become a fully SEC-reporting
- Planned transition from OTC markets to a senior exchange
- Increased transparency and investor confidence
- None.
AUSTIN, TX / ACCESSWIRE / September 5, 2024 / Xtra Energy Corporation (OTC Pink:XTPT), a mineral exploration company focused on the development of the American Antimony Project, announced that it has engaged Astra Audit and Advisory LLC, a PCAOB-registered firm, to audit the corporation's financial statements for the last two fiscal years ending December 31, 2022, and December 31, 2023. Astra Audit and Advisory LLC, as part of the engagement, will also conduct an ongoing review of the subsequent and future interim periods.
The Sarbanes-Oxley Act requires public accounting firms to register with the PCAOB in order to prepare or issue an audit report for a US public company. The PCAOB regulates the audits of companies with securities listed in the United States of America. In 2003, the PCAOB finalized a set of rules requiring firms that audit US listed companies to register with it. The PCAOB oversees public company audits. PCAOB auditors must inspect public companies to ensure compliance with auditing standards and rules. According to PCAOB rules, registered public accounting firms and their associates must comply with all applicable auditing and related professional practice standards. Auditing firms registered with the PCAOB are subject to annual inspections.
Xtra Energy's Chairman and CEO, Mac J. Shahsavar, P.Eng., stated, "To complement our tremendous growth over the past year, it is time for Xtra Energy to begin its journey towards a senior exchange. Employing a PCAOB-registered independent audit firm is another step that enables XTPT to initiate its transition from OTC markets to becoming a fully reporting corporation. It will provide XTPT shareholders and future investors with greater certainty, transparency, and confidence, as well as help the company achieve its long-term objectives while increasing shareholder values."
Contact & Learn More:
Xtra Energy Corporation
Phone: 512-412-3636
Corporate Website: https://americanantimony.com/
Corporate Linkedin: https://www.linkedin.com/company/xtra-energy-corp/
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About Xtra Energy Corporation
Xtra Energy Corp. is an antimony exploration company focused on developing its flagship project "American Antimony", approximately 31 miles northeast of Eastgate, Nevada. Xtra Energy Corp. holds a
FORWARD-LOOKING STATEMENTS:
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SOURCE: Xtra Energy Corp.
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FAQ
Why has Xtra Energy (XTPT) engaged Astra Audit and Advisory ?
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