(TheNewswire)
Vancouver, British Columbia - TheNewswire - September 15, 2023 - G2 Energy Corp. (CSE:GTOO ) ( FWB:UD9) ( the "Company" or "G2") announces today, that it has changed itsauditors from Dale Matheson Carr-Hilton LaBonte (" Former Auditor ")to Geib & Company Professional Corporation,Chartered Professional Accountants (" SuccessorAuditor ") effective September 7, 2023. Atthe request of the Company, the Former Auditor was terminated as theauditor of the Company effective September 7 , 2023 and theboard of directors of the Company appointed the Successor Auditor asthe Company's auditor effective September 7, 2023 , until thenext Annual General Meeting of the Company.
There were no reservations in the Former Auditor'sreports on the Company's financial statements for the ?periodcommencing at the beginning of the Company's two most recentlycompleted financial years and ?ending on the date of resignation ofthe Former Auditor.? There are no reportable events includingdisagreements, consultations, or unresolved issues as defined ?inNational Instrument 51-102 – Continuous Disclosure Obligations (" NI51-102 ") (Part 4.11) between the Companyand the Former Auditor.
In accordance with NI 51-102, the notice of change ofauditor, together with the required letters from the Former Auditorand the Successor Auditor, have been reviewed by the board ofdirectors of the Company and filed on SEDAR+.
On Behalf of the Board,
“GabrielQueiroz”
Gabriel Queiroz
CFO
For further information, please contact:
John Costigan
VP Corporate Development
O: +1 604 6208589
E: jcostigan@g2.energy
W: WWW.G2.ENERGY
About G2 EnergyCorp.
G2 is a junior oil and gas producer listed on the CSEexchange. It's primary focus is to acquire and develop additionaloverlooked, low risk, high return opportunities in the oil and gassector. G2's strategy is to obtain a portfolio of risk-managedproduction and development opportunities onshore, U.S.A. In May 2022,G2 acquired the Masten Unit in the Permian Basin, Texas. The MastenUnit is the Company's first producing asset. G2 is targeting top tierprojects with operating netbacks and infrastructure facilities whichwill fast track overall oil and gas production growth.
The Canadian Securities Exchange hasneither approved nor disapproved the information containedherein.
Forward Looking StatementsCaution
Statements in this press releaseregarding the Company which are not historical facts are“forward-looking statements” that involve risks and uncertainties.Such information can generally be identified by the use offorwarding-looking wording such as “may”, “expect”,“estimate”, “anticipate”, “intend”, “believe” and“continue” or the negative thereof or similar variations. Sinceforward-looking statements address future events and conditions, bytheir very nature, they involve inherent risks and uncertainties. TheCompany provides forward-looking statements for the purpose ofconveying information about current expectations and plans relating tothe future, including expectations regarding the Company's ability tomeet its outstanding obligations, and readers are cautioned that suchstatements may not be appropriate for other purposes. By its nature,this information is subject to inherent risks and uncertainties thatmay be general or specific and which give rise to the possibility thatexpectations, forecasts, predictions, projections or conclusions maynot prove to be accurate, that assumptions may not be correct and thatobjectives, strategic goals and priorities may not be achieved. These risks and uncertaintiesinclude but are not limited to those identified and reported in theCompany’s public filings under the Company’s SEDAR profile atwww.sedar.com. The Company's ability to meet its outstandingobligations could differ materially from those currently anticipateddue to factors such as: the performance of facilities and pipelines,commodity prices, price volatility, price differentials and the actualprices received for the Company’s products, royalty regimes andexchange rates, the availability of capital, labour and services, thecreditworthiness of industry partners, G2’s ability to acquireadditional assets, unexpectedincreases in operating costs, and risks associated with potentialfuture lawsuits and regulatory actions made against the Companyincluding but not limited to being found in default of the Company'sobligations to Cloudbreak. Although the Company has attempted toidentify important factors that could cause actual actions, events orresults to differ materially from those described in forward-lookinginformation, there may be other factors that cause actions, events orresults not to be as anticipated, estimated or intended. There can beno assurance that such information will prove to be accurate as actualresults and future events could differ materially.
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