SRG:CC - SRG Mining Inc. Announces Change of Auditor & Update to the Board of Directors
(TheNewswire)
Montreal, Quebec – TheNewswire - November 2 nd , 202 2 - SRG Mining Inc. (TSXV:SRG) (“ SRG ” or the “ Company ”) announces that it has changed its auditors fromPricewaterhouseCoopers LLP (" Former Auditor "or “ PwC ”) to Raymond Chabot Grant ThorntonLLP, (" Successor Auditor " or " RCGT "). The FormerAuditor resigned as auditor of SRG at the Company’s request and theCompany appointed the Successor Auditor as the new auditoreffective October 24 th , 2022.
In accordance with National Instrument 51–102- Continuous DisclosureObligations ("NI 51–102"), theCompany has filed a Notice of Change of Auditor on SEDAR together withletters from both PwC and RCGT, with each letter confirming agreementwith the statements contained in the notice, as applicable. There wereno reportable events (as defined in NI 51–102) between PwC and theCompany.
In addition, the Company announces that the Board ofDirectors accepted the resignation of Mr. Nikolaos Sofronis as amember of the Board of Directors.
“We wish to thank Mr. Sofronis for his contributionand regret his departure. We wish him well in all his endeavours.”said Mr. Benoit La Salle, Executive Chairman of SRG.
SRG Mining is a Canadian-based mining company focused on developingthe Lola Graphite Project located in the Republic of Guinea, WestAfrica. The Lola Graphite Project has Probable Reserves of 42Mt at agrade of 4.2% Cg. SRG aims to develop a fully integrated source ofbattery anode material to supply the European lithium-ion and fuelcell markets. With attractive operating costs, proximity to Europeanend-markets and strong ESG credentials, the Company is poised tobecome a reliable supplier while promoting sustainability and supplychain transparency. SRG is committed to generating sustainable,long-term benefits that are shared with the host countries andcommunities where it operates.
For additional information, please visit SRG’s website at www.srgmining.com .
Contact:
Matthieu Bos
President & CEO
Email: m.bos@srgmining.com
Neither the TSXV nor its RegulationServices Provider (as that term is defined in the policies of theTSXV) accepts responsibility for the adequacy or accuracy of thisrelease.
F ORWARD -L OOKING S TATEMENTS
This press release contains "forward-looking information"within the meaning of Canadian securities legislation. All informationcontained herein that is not clearly historical in nature mayconstitute forward-looking information. Generally, suchforward-looking information can be identified by the use offorward-looking terminology such as “plan”, “result”,“confirm”, “target”, “increase”, “expect”,“scheduled”, “enable”, projected”, “drive”, “aim”,“realise”, “growth”, “goals”, “continue”,“advance”, “potential”, “will”, “demonstrate”,“deliver”, “believe”, or variations of such words and phrasesor state that certain actions, events or results "may","could", "would" or "might".Forward-looking information is subject to known and unknown risks,uncertainties and other factors that may cause the actual results,level of activity, performance or achievements of the Company to bematerially different from those expressed or implied by suchforward-looking information, including but not limited to: (i)volatile stock price; (ii) the general global markets and economicconditions; (iii) the possibility of write-downs and impairments; (iv)the risk associated with exploration, development and operations ofmineral deposits and mine plans for the Company’s mining operations;(v) the risk associated with establishing title to mineral propertiesand assets including permitting, development, operations andproduction from the Company’s operations being consistent withexpectations and projections; (vi) fluctuations in commodity prices,finding offtake takers and potential clients or enforcing suchagreements against same and other risks and factors described orreferred to in the section entitled "Risk Factors" in theMD&A of the Company and which is available at www.sedar.com, all of which shouldbe reviewed in conjunction with the information found in this newsrelease.
Although the Company has attempted to identify important factors thatcould cause actual results to differ materially from those containedin the forward-looking information, there may be other factors thatcause results not to be as anticipated, estimated or intended. Therecan be no assurance that such forward-looking information will proveto be accurate, as actual results and future events could differmaterially from those anticipated in such forward-looking information.Such forward-looking information has been provided for the purpose ofassisting investors in understanding the Company's business,operations and exploration plans and may not be appropriate for otherpurposes. Accordingly, readers should not place undue reliance onforward-looking information. Forward-looking information is given asof the date of this press release, and the Company does not undertaketo update such forward-looking information except in accordance withapplicable securities laws.
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