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CORNISH METALS ANNOUNCES CHANGE OF AUDITOR

10 Jun 2022 07:00

RNS Number : 3982O
Cornish Metals Inc.
10 June 2022
 

 

CORNISH METALS ANNOUNCES CHANGE OF AUDITOR

 

Vancouver, June 10, 2022

Cornish Metals Inc. (TSX-V/AIM: CUSN) ("Cornish Metals" or the "Company"), a mineral exploration and development company focused on its projects in Cornwall, United Kingdom, announces that following a tender process led by the Audit Committee, the Board has approved the appointment of PKF Littlejohn LLP ("PKF") to replace Davidson & Company LLP ("Davidson") as the Company's auditor. PKF's appointment will be recommended for approval by shareholders at the Company's next annual general meeting expected to be held at the end of July 2022.

There have been no modified opinions in the auditor's reports of Davidson for the Company's two most recently completed financial years or any subsequent period, and there are no reportable events (as defined in National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102")).

The Board wishes to thank Davidson for its services and support during its years as auditor of the Company.

The Company's change of auditor notice and associated material required under NI 51-102 are available under the Company's profile on SEDAR (www.sedar.com).

ABOUT CORNISH METALS

Cornish Metals completed the acquisition of the South Crofty tin and United Downs copper / tin projects, plus additional mineral rights located in Cornwall, UK, in July 2016 (see Company news release dated July 12, 2016). The additional mineral rights cover an area of approximately 15,000 hectares and are distributed throughout Cornwall. Some of these mineral rights cover old mines that were historically worked for copper, tin, zinc, and tungsten.

For additional information please contact:

 

In North America:

Irene Dorsman at (604) 200 6664 or by e-mail at irene@cornishmetals.com

 

 

SP Angel Corporate Finance LLP

(Nominated Adviser & Joint Broker)

Tel:

+44 203 470 0470

Richard Morrison

 

Charlie Bouverat

 

Grant Barker

 

 

 

Hannam & Partners

(Joint Broker)

Tel:

+44 207 907 8500

 

Matthew Hasson

 

Andrew Chubb

 

Ernest Bell

 

BlytheRay

(Financial PR/IR-London)

Tel:

+44 207 138 3204

 

Tim Blythe 

tim.blythe@blytheweigh.com

Megan Ray

megan.ray@blytheweigh.com

 

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

"Richard D. Williams"

Richard D. Williams, P.Geo

 

 

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.

 

Caution regarding forward looking statements

 

This news release contains "forward-looking statements" including, but not limited to, statements in connection with the appointment of PKF as the Company's new auditor. Forward-looking statements, while based on management's best estimates and assumptions at the time such statements are made, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to receipt of regulatory approvals, risks related to general economic and market conditions; risks related to the COVID-19 global pandemic and any variants of COVID-19 which may arise; risks related to the availability of financing; the timing and content of upcoming work programs; actual results of proposed exploration activities; possible variations in Mineral Resources or grade; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; changes in national and local government regulation of mining operations, tax rules and regulations.

Although Cornish Metals has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Cornish Metals undertakes no obligation or responsibility to update forward-looking statements, except as required by law.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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