Business
Steppe Gold Provides Q4 Production Update Change of Auditor
Ulaanbaatar, Mongolia--(Newsfile Corp. - December 9, 2025) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is...
About this update from Steppe Gold Ltd.
[{"type":"text","content":"Ulaanbaatar, Mongolia--(Newsfile Corp. - December 9, 2025) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to report upgraded production guidance for the fourth quarter of 2025.","length":250,"tagName":"p"},{"type":"text","content":"Following the major fleet upgrades in 2025, ongoing maintenance work and recovery of downtime experienced in the third quarter, the Boroo Gold mine was able to accelerate processing of higher grade ores. Accordingly, the Company expects overall fourth quarter production to exceed 23,000 oz, up from prior guidance of 15,000 oz.","length":328,"tagName":"p"},{"type":"text","content":"With processing of finished goods from September 30, 2025 completed in October, projected sales for the quarter is expected to be over 30,000 oz. As a result, full year production for the Company and its subsidiaries (the "Group") is expected to reach 70,000 oz.","length":272,"tagName":"p"},{"type":"text","content":"The Company is also announcing that effective December 8, 2025, Kingston Ross Pasnak LLP (the "Former Auditor") has resigned as the auditor of the Company and Emmerich, Córdova y Asociados S. Civil de R.L., member firm of KPMG International, has been appointed as the successor auditor (the "Successor Auditor"). The change in auditor was made to align with the current audit relationship of the Group and related entities, ensuring consistency and transparency across the Group.","length":499,"tagName":"p"},{"type":"text","content":"There were no modified opinions, or reportable events (as such term is defined in National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102")) in connection with the audits for "relevant period" (as such term is defined in NI 51-102).","length":271,"tagName":"p"},{"type":"text","content":"The change of the auditor and the recommendation to appoint the Successor Auditor was approved by the Audit Committee and the board of directors of the Company (the "Board").","length":184,"tagName":"p"},{"type":"text","content":"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 Board and filed on SEDAR+.","length":201,"tagName":"p"}...