BURNABY, BC, Jan. 26 /CNW/ - Taiga Building Products Ltd. ("Taiga" or the "Company") advises that at Taiga's request, Cinnamon Jang Willoughby and Company, Chartered Accountants (the "Former Auditors") have resigned as auditors of the Company, effective December 23, 2008.
Taiga's Audit Committee has appointed Dale Matheson Carr-Hilton Labonte, LLP, "DMCL" Chartered Accountants ("Successor Auditors") of Suite 1500, 1140 West Pender Street, Vancouver, British Columbia V6E 4G1 as Auditors for the Company effective January 13, 2009.
There were no reservations in the Former Auditors' reports for the two most recently completed fiscal years or for any period subsequent to the most recently completed period for which an audit report was issued and preceding the date of the Former Auditors' resignation.
There are no reportable events between the Taiga and its Former Auditors.
The resignation of the Former auditors has been approved by the Company's Audit Committee.
The Notice of Change of Auditor, together with the letter from the Former Auditors and the letter from the Successor Auditors have been reviewed and approved by the Company's Audit Committee and are available for public review on SEDAR.
Forward-Looking Statements:
This press release contains certain forward-looking information and statements relating, but not limited, to future events or performance and strategies and expectations of Taiga. Forward-looking information typically contains statements with words such as "consider", "anticipate", "believe", "expect", "plan", "intend", "likely", "may", "will", "should", "predict", "potential", "continue" or similar words suggesting future outcomes or statements regarding expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Readers should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements.
These forward-looking statements reflect management's current expectations or beliefs and are based on information currently available to Taiga and although Taiga believes it has a reasonable basis for making the forward-looking statements included in this document, readers are cautioned not to place undue reliance on such forward-looking information. By its nature, the forward-looking information of Taiga involves numerous assumptions and inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts and other forward-looking statements will not occur. These factors include, but are not limited to, changes in business strategies; the effects of litigation, competition and pricing pressures; changes in operational costs; changes in laws and regulations, including tax, environmental, employment, competition, anti-terrorism and trade laws; and Taiga's anticipation of and success in managing the risks associated with the foregoing. A further description of these additional factors can be found in the periodic and other reports filed by Taiga with Canadian securities commissions and available on Sedar (http://www.sedar.com). These forward-looking statements speak only as of the date of this press release. Taiga does not undertake, and specifically disclaims, any obligation to update or revise any forward looking information, whether as a result of new information, future developments or otherwise, except as required by applicable law.
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