DFR Gold Inc. Announces Appointment of New Auditor

Rhea-AI Summary

DFR Gold Inc. (TSXV: DFR) has announced the appointment of HDCPA Professional as its new auditor, replacing Davidson & Company LLP, effective January 29, 2025. The change was accepted by DFR's board of directors, and the new auditor will hold office until the next annual meeting of shareholders.

The company confirmed that there were no modified opinions in any audit reports from the Former Auditor during the two most recent fiscal years, and no reportable events as defined in National Instrument 51-102 have occurred. The required documentation, including the Notice of Change of Auditor and letters from both auditors, has been reviewed by the company's audit committee and board of directors and filed on SEDAR+.

Positive

• Clean audit reports with no modified opinions for past two fiscal years
• Smooth transition with proper regulatory compliance and documentation

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - January 29, 2025) - DFR Gold Inc. (TSXV: DFR) ("DFR" or the "Company") announces that HDCPA Professional Corporation (the "Successor Auditor") has been appointed as DFR's new auditor, replacing Davidson & Company LLP (the "Former Auditor").

DFR's board of directors have accepted the resignation of the Former Auditor, as of January 29, 2025 and have appointed the Successor Auditor as the new auditor of the Company effective January 29, 2025, and to hold office until approval at the Company's next annual meeting of shareholders.

There have been no modified opinions expressed in any of the audit reports of the Former Auditor on any of the Company's financial statements for the two most recently completed fiscal years and in the opinion of the Company no "reportable events" as defined in National Instrument 51-102 ("NI 51-102") has occurred.

In accordance with NI 51-102, the Notice of Change of Auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Company's audit committee and board of directors and have been filed on the Company's SEDAR+ profile at www.sedarplus.ca.

Ends.

DFR Gold Inc.
Jean Charles, CFO & Secretary
Contact: jcharles@dfrgold.com +1 604 283 7185 + 230 5253 9663

About DFR Gold

DFR Gold Inc. is a TSX Venture Exchange listed exploration and mine development company focused on gold in West Africa. DFR holds interests in a portfolio of gold exploration projects in Burkina Faso and Nigeria. DFR also owns the Beravina Zircon project in Madagascar.

Website: www.dfrgold.com

The Company's public documents may be accessed at www.sedarplus.ca

Neither the TSX-V 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238871

FAQ

Who is DFR Gold's new auditor as of January 29, 2025?

HDCPA Professional has been appointed as DFR Gold's new auditor, replacing Davidson & Company LLP.

Were there any modified opinions in DFR Gold's recent audit reports?

No, there were no modified opinions expressed in any audit reports for the two most recently completed fiscal years.

What regulatory requirements did DFR Gold fulfill for the auditor change?

DFR Gold filed the Notice of Change of Auditor and required letters from both auditors on SEDAR+, after review by the audit committee and board of directors, in compliance with National Instrument 51-102.

How long will HDCPA Professional serve as DFR Gold's auditor?

HDCPA Professional will serve until the next annual meeting of shareholders, where their appointment will require approval.