Business
Antioquia Gold Inc. Announces Change of Auditor
Calgary, Alberta--(Newsfile Corp. - April 22, 2026) - Antioquia Gold Inc. ("Antioquia Gold" or the "Company") announces that the Company's auditors, BDO Canada LLP ("BDO Canada"), have resigned as auditor of the Company, effective April 9, 2026 and will not complete the audit or issue an auditor's report on the Company's financial statements for the years ended December 31, 2024 and December 31, 2025.The Company has not yet appointed a successor auditor. The Company's Audit Committee and Board..
About this update from Antioquia Gold Inc
[{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - April 22, 2026) - Antioquia Gold Inc. ("Antioquia Gold" or the "Company") announces that the Company's auditors, BDO Canada LLP ("BDO Canada"), have resigned as auditor of the Company, effective April 9, 2026 and will not complete the audit or issue an auditor's report on the Company's financial statements for the years ended December 31, 2024 and December 31, 2025.","length":446,"tagName":"p"},{"type":"text","content":"The Company has not yet appointed a successor auditor. The Company's Audit Committee and Board of Directors have initiated a process to identify and appoint a successor auditor for the 2024 and 2025 fiscal years and will provide an update in due course.","length":257,"tagName":"p"},{"type":"text","content":"During the course of BDO Canada's audit of the Company's financial statements for the year ended December 31, 2024, "reportable events" occurred within the meaning of National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") as "unresolved issues" (as defined under Section 4.11(1) of NI 51-102). BDO Canada raised certain concerns relating to (i) accounting recognition of revenue for gold concentrate in an amount that exceeds the physical volume of gold within the gold concentrate; (ii) lack of a demonstrated business rationale for certain transactions; and (iii) the availability of complete documentation, accuracy of information provided by management, and cooperation from the Company's financial reporting personnel necessary to complete audit procedures. BDO Canada stated that these concerns were not resolved after various discussions with the Company and resigned as a result of a stated loss of confidence in the Company's management.","length":1014,"tagName":"p"},{"type":"text","content":"The Company has filed the required change of auditor reporting package with the applicable securities regulatory authorities. These documents are available on the Company's SEDAR+ profile.","length":192,"tagName":"p"},{"type":"text","content":"The Company will (under the oversight of its Audit Committee) engage an independent expert to conduct a review and assessment of the facts and circumstances around these matters. The Company will also undertake a review of its internal ...