Nevada Canyon Gold changes external auditor
Nevada Canyon Gold Corp. changed its external auditor following a merger of its prior firm.
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Form Type
8-K
Rhea-AI Filing Summary
Nevada Canyon Gold Corp. changed its external auditor following a merger of its prior firm. On June 3, 2026, Assure CPA, LLC, which had audited the company’s 2025 and 2024 financial statements, merged into Sadler, Gibb & Associates, LLC and ceased operations as a public accounting firm. As a result, Assure resigned as Nevada Canyon Gold’s independent registered public accounting firm.
On June 4, 2026, the company’s Audit Committee approved the engagement of Sadler, Gibb & Associates as the new independent registered public accounting firm for the fiscal year ending December 31, 2026. The company states that Assure’s prior audit reports contained no adverse opinions, disclaimers, or qualifications, and that there were no disagreements or reportable events with Assure through June 3, 2026. Nevada Canyon Gold also notes that it did not consult with Sadler, Gibb & Associates on accounting or auditing matters before the appointment.
8-K Event Classification
2 items: 4.01, 9.01
2 items
Item 4.01
Changes in Registrant's Certifying Accountant
Governance
The company changed its independent auditing firm, which may involve disagreements on accounting matters.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Former audit years: 2024 and 2025
Resignation date: June 3, 2026
New auditor approval date: June 4, 2026
+2 more
5 metrics
Former audit years
2024 and 2025
Fiscal years Assure CPA, LLC audited Nevada Canyon Gold’s financial statements
Resignation date
June 3, 2026
Date Assure CPA, LLC resigned as independent registered public accounting firm
New auditor approval date
June 4, 2026
Date Audit Committee approved engagement of Sadler, Gibb & Associates
New audit year
Fiscal year ending December 31, 2026
Period for which Sadler, Gibb & Associates is engaged as auditor
Exhibit 16.1 date
June 4, 2026
Date of Assure CPA, LLC’s letter filed as Exhibit 16.1
Key Terms
independent registered public accounting firm, reportable events, Item 304(a)(1)(iv) of Regulation S-K, Audit Committee, +1 more
5 terms
independent registered public accounting firm financial
"Assure, which served as the independent registered public accounting firm of the Company"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
reportable events regulatory
"there were (i) no disagreements ... and (ii) no "reportable events" within the meaning of Item 304(a)(1)(v)"
Reportable events are significant incidents or changes a company is legally required to disclose to regulators and the public, such as major safety problems, legal actions, financial irregularities, or management changes. They matter to investors because these events can alter a company’s risk profile or future performance, much like a dashboard warning light signals a problem that could affect a car’s safety or reliability. Timely disclosure helps investors make informed decisions and maintain market fairness.
Item 304(a)(1)(iv) of Regulation S-K regulatory
"no disagreements (within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions)"
Audit Committee financial
"were approved by the Audit Committee of the Company’s Board of Directors on June 4, 2026"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
asset purchase agreement financial
"merged into Sadler, Gibb & Associates, LLC pursuant to an asset purchase agreement"
An asset purchase agreement is a legal contract in which a buyer agrees to buy specific assets and contracts of a business rather than buying the company’s stock or ownership. It matters to investors because it determines exactly what is being bought and what liabilities stay behind — like buying the furniture and equipment from a store but not the building or past debts — which affects the deal’s value, taxes and future risk exposure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What auditor change did Nevada Canyon Gold (NGLD) report in this 8-K?
Nevada Canyon Gold reported that Assure CPA, LLC resigned as its independent registered public accounting firm after merging into Sadler, Gibb & Associates, LLC. The company’s Audit Committee then approved Sadler, Gibb & Associates as the new auditor for the fiscal year ending December 31, 2026.
Why did Assure CPA, LLC resign as Nevada Canyon Gold’s (NGLD) auditor?
Assure CPA, LLC resigned because it merged into Sadler, Gibb & Associates, LLC under an asset purchase agreement and ceased operations as a public accounting firm. This structural change prompted the resignation and led Nevada Canyon Gold to appoint Sadler, Gibb & Associates as its new auditor.
Did Nevada Canyon Gold (NGLD) report any disagreements with its former auditor Assure?
The company reported no disagreements with Assure on accounting principles, financial statement disclosure, or audit procedures during 2024, 2025, or through June 3, 2026. It also stated there were no reportable events under Item 304(a)(1)(v) of Regulation S-K during these periods.
How were Assure’s audit opinions on Nevada Canyon Gold’s (NGLD) financials characterized?
Assure’s audit reports on Nevada Canyon Gold’s consolidated financial statements for the years ended December 31, 2025 and 2024 contained no adverse opinions or disclaimers and were not qualified or modified. This indicates the auditor did not flag uncertainty, scope limitations, or inappropriate accounting principles in those reports.
When did Nevada Canyon Gold (NGLD) appoint Sadler, Gibb & Associates as auditor?
On June 4, 2026, Nevada Canyon Gold’s Audit Committee approved the engagement of Sadler, Gibb & Associates as the independent registered public accounting firm for the fiscal year ending December 31, 2026. This appointment followed Assure CPA, LLC’s resignation after its merger into Sadler, Gibb & Associates.
Did Nevada Canyon Gold (NGLD) consult Sadler, Gibb & Associates before hiring them?
Nevada Canyon Gold stated that neither it nor anyone on its behalf consulted Sadler, Gibb & Associates on accounting principles, specific transactions, or potential audit opinions during 2024, 2025, or through June 3, 2026. It also reported no disagreements or reportable events involving Sadler, Gibb & Associates before the engagement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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