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Antioquia Gold Inc. Announces Withdrawal of Auditor's Report

Calgary, Alberta--(Newsfile Corp. - June 19, 2026) - Antioquia Gold Inc. (OTC: AGDXF) ("Antioquia Gold" or the "Company") announces that its former auditor, Doane Grant Thornton LLP, has informed the Company that, effective June 19, 2026, it is withdrawing its audit report dated September 18, 2024 (the "Audit Report") on the Company's consolidated financial statements as at and for the years ended December 31, 2023 and December 31, 2022 (the "2023 Financial Statements"). As a result, the Audit..

articleAntioquia Gold IncJune 19, 20263/news/antioquia-gold-inc-announces-withdrawal-of-auditors-report
Antioquia Gold Inc. Announces Withdrawal of Auditor's Report

About this update from Antioquia Gold Inc

Calgary, Alberta--(Newsfile Corp. - June 19, 2026) - Antioquia Gold Inc. (OTC: AGDXF) ("Antioquia Gold" or the "Company") announces that its former auditor, Doane Grant Thornton LLP, has informed the Company that, effective June 19, 2026, it is withdrawing its audit report dated September 18, 2024 (the "Audit Report") on the Company's consolidated financial statements as at and for the years ended December 31, 2023 and December 31, 2022 (the "2023 Financial Statements"). As a result, the Audit Report should no longer be relied upon. Doane Grant Thornton LLP made the decision to withdraw its Audit Report because, as previously disclosed on May 15, 2026, the 2023 Financial Statements require restatement and refiling. The restatement is necessary due to changes in the depletion basis for productive-stage assets and the useful life of titles and licenses in its wholly-owned subsidiary, Antioquia Gold Ltd. The amended and restated financial statements will include adjustments to depreciation, depletion, useful life estimates, impairment of the affected assets, and foreign currency transactions. As previously disclosed on April 22, 2026 and May 15, 2026, the Company is in the process of identifying and retaining a successor auditor and is working diligently to do so. Upon appointment, the successor auditor is expected to undertake the review and audit of the Company's financial statements, commencing with the year ended December 31, 2022. The Company will provide further updates as they become available and as appropriate. ON BEHALF OF THE BOARD OF ANTIOQUIA GOLD INC. Gustavo Noriega Bentin, Chief Financial Officer of Antioquia Gold Inc. For further information contact:Antioquia Gold Inc.1-800-348-9657 (Canada)Email: [email protected] Forward-looking information Certain information in this news release constitutes "forward-looking" information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. When used in this news release, this information may include words such as "anticipate", "estimate", "m...

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