Sarama Announces Change of Auditor

Rhea-AI Summary

Sarama Resources (OTC:SRMMF) appointed Davidson & Company LLP as its new auditor, effective 13 February 2026, following the resignation of HLB Mann Judd effective 10 February 2026. The Board, on the Audit Committee's recommendation, named Davidson & Co until the next Annual General Meeting.

Change of Auditor Package and letters from both firms were sent to securities commissions and are available on SEDAR+.

Positive

• New auditor Davidson & Co effective 13 Feb 2026
• Change of Auditor Package filed on SEDAR+
• Board and Audit Committee formally approved the appointment

Negative

• Resignation of prior auditor HLB Mann Judd effective 10 Feb 2026
• Appointment is interim only until the next Annual General Meeting

PERTH, AUSTRALIA AND VANCOUVER, BC / ACCESS Newswire / February 16, 2026 / Sarama Resources Ltd. ("Sarama" or the "Company") (ASX:SRR)(TSXV:SWA) is pleased to announce it has appointed Davidson & Company LLP ("Davidson & Co") as Sarama's audit firm, effective 13 February 2026.

Davidson & Co was appointed following the receipt by Sarama of the resignation of HLB Mann Judd, effective 10 February 2026. The Audit Committee of the Board of Directors accepted the resignation of HLB Mann Judd and recommended the appointment of Davidson & Co. The Board of Directors of Sarama, on the recommendation of the Audit Committee, appointed Davidson & Co as the new auditor until the next Annual General Meeting of Sarama.

Sarama sent a Notice of Change of Auditor (the "Notice") to HLB Mann Judd and to Davidson & Co and has received a letter from each, addressed to the securities commissions in each jurisdiction where Sarama is reporting, stating that they agree with the information contained in the Notice. The Notice and letters (the "Change of Auditor Package") have been reviewed and approved by Sarama's Audit Committee and the Board of Directors.

The Change of Auditor Package is available under Sarama's SEDAR+ profile at www.sedarplus.ca.

This announcement was authorised for release to the ASX by the Board of Sarama Resources Ltd.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Andrew Dinning
Sarama Resources Ltd
e: info@saramaresources.com
t: +61 8 9363 7600

SOURCE: Sarama Resources Ltd.

View the original press release on ACCESS Newswire

FAQ

Why did Sarama (SRMMF) change auditors on February 2026?

The company appointed Davidson & Co after HLB Mann Judd resigned effective 10 February 2026. According to the company, the Audit Committee accepted the resignation and recommended Davidson & Co as the replacement until the next AGM.

When does Davidson & Company LLP become Sarama's auditor (SRMMF)?

Davidson & Co was appointed effective 13 February 2026 as Sarama's new auditor. According to the company, the Board confirmed the appointment on the Audit Committee's recommendation until the next Annual General Meeting.

Where can investors find Sarama's Change of Auditor documents for SRMMF?

The Change of Auditor Package, including notices and letters, is available on SEDAR+. According to the company, documents were filed and addressed to securities commissions in reporting jurisdictions.

Does the auditor change affect Sarama's reporting for SRMMF immediately?

The new auditor appointment is effective immediately from 13 February 2026 but is interim until the next AGM. According to the company, both firms agreed with the Notice sent to securities regulators.

Who authorized the release about the auditor change for Sarama (SRMMF)?

The announcement was authorised for release by Sarama's Board of Directors. According to the company, the Board acted on the Audit Committee's recommendation in appointing Davidson & Co.