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Bengal Energy Ltd. Announces a Change in Auditor

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Bengal Energy (TSX: BNG) has announced a change in its auditor from KPMG LLP to MNP LLP, effective December 16, 2024. The transition occurred at the company's request, with KPMG resigning and MNP being appointed to fill the vacancy until the next annual shareholders' meeting. The company has filed the required documentation, including the Notice of Change of Auditor and letters from both KPMG and MNP, on SEDAR+ in compliance with National Instrument 51-102 - Continuous Disclosure Obligations.

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Calgary, Alberta--(Newsfile Corp. - December 18, 2024) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") announces that the Company has changed its auditor from KPMG LLP ("KPMG") to MNP LLP ("MNP") effective as of December 16, 2024.

At the request of the Company, KPMG resigned as auditor of the Company effective as of December 16, 2024 (the "Date of Resignation"). MNP was appointed as auditor of the Company effective as of December 16, 2024, to fill the vacancy from the Date of Resignation until the next annual meeting of shareholders of the Company.

In accordance with National Instrument 51-102 - Continuous Disclosure Obligations, the Notice of Change of Auditor, together with the required letters from each of KPMG and MNP, have been reviewed by the Board of Directors of the Company and filed on SEDAR+.

FOR FURTHER INFORMATION PLEASE CONTACT:
Bengal Energy Ltd.
Chayan Chakrabarty, President & Chief Executive Officer
Jerrad Blanchard, Chief Financial Officer
Phone: (403) 205-2526
Email: investor.relations@bengalenergy.ca
Website: www.bengalenergy.ca

About Bengal
Bengal is an international junior oil and gas exploration and production company with assets in Australia. Bengal is committed to growing shareholder value through international exploration, production and acquisitions. Bengal's common shares trade on the Toronto Stock Exchange under the symbol "BNG". Additional information is available at www.bengalenergy.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234432

FAQ

When did Bengal Energy (TSX: BNG) change its auditor from KPMG to MNP?

Bengal Energy changed its auditor from KPMG LLP to MNP LLP effective December 16, 2024.

Why did Bengal Energy (TSX: BNG) change its auditor in December 2024?

The change occurred at Bengal Energy's request, with KPMG resigning and MNP being appointed as the new auditor.

How long will MNP serve as Bengal Energy's auditor?

MNP will serve as Bengal Energy's auditor from December 16, 2024, until the next annual meeting of shareholders.

What regulatory requirements did Bengal Energy fulfill for the auditor change?

Bengal Energy filed the Notice of Change of Auditor and required letters from both KPMG and MNP on SEDAR+ in compliance with National Instrument 51-102.
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