Current Report Filing (8-k)
December 17 2014 - 6:01AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) December
15, 2014
PARK PLACE ENERGY CORP.
(Exact name of registrant as specified in its charter)
Nevada |
000-51712 |
71-0971567 |
(State or other jurisdiction of |
(Commission File Number) |
(IRS Employer |
incorporation) |
|
Identification No.) |
2200 Ross Ave., Suite 4500E, Dallas, Texas
|
75201 |
(Address of principal executive offices) |
(Zip Code) |
Registrants telephone number, including area code
214-220-4340
N/A
(Former name or former address, if
changed since last report.)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
[ ] Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
[ ] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a
-12)
[ ] Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e -4(c))
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Item 4.01 Change in Registrants Certifying Accountant
In connection with the ongoing transition of the primary
offices and operations of Park Place Energy Corp. (the Company) to Dallas,
Texas, effective December 15, 2014, the board of directors of the Company
dismissed Saturna Group Chartered Accountants LLP (Saturna) as the independent
auditors for the Company and its subsidiaries.
Saturnas report on the Companys consolidated financial
statements for the fiscal years ended December 31, 2013 and 2012 contained an
explanatory paragraph indicating that there was substantial doubt as to the
Companys ability to continue as a going concern. Other than such statement, no
report of Saturna on the consolidated financial statements of the Company for
either of the past two years and through December 15, 2014 contained an adverse
opinion or disclaimer of opinion, or was qualified or modified as to
uncertainty, audit scope or accounting principles.
During the Companys two most recent fiscal years and through
December 15, 2014: (i) there have been no disagreements with Saturna on any
matter of accounting principles or practices, financial statement disclosure or
auditing scope or procedure, which disagreements, if not resolved to the
satisfaction of Saturna, would have caused it to make reference to the subject
matter of the disagreement in connection with its reports and (ii) Saturna did
not advise the Company of any of the events requiring reporting in this Current
Report on Form 8-K under Item 304(a)(1) of Regulation S-K.
The Company provided to Saturna the disclosure contained in
this Current Report on Form 8-K and requested Saturna to furnish a letter
addressed to the Commission stating whether the statements made by the Company
herein and, if not, stating the respects in which it does not agree. A copy of
such letter is attached hereto as Exhibit 16.1.
Effective December 15, 2014, the board of directors of the
Company ratified and approved the Companys engagement of Whitley Penn LLP
(WP) as independent auditors for the Company and its subsidiaries.
During the years ended December 31, 2013 and 2012 and through
December 15, 2014, neither the Company nor anyone on its behalf consulted with
WP regarding (i) the application of accounting principles to a specific
completed or contemplated transaction, (ii) the type of audit opinion that might
be rendered on the Companys consolidated financial statements, or (iii) any
matter that was the subject of a disagreement or event identified in response to
Item 304(a)(1) of Regulation S-K (there being none).
Item 9.01 - Financial Statements and Exhibits
(d) Exhibits.
The following exhibits are furnished in accordance with the
provisions of Item 601 of Regulation S-K:
*
Included herewith.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
PARK PLACE ENERGY CORP. |
|
|
|
|
|
/s/ Francis M. Munchinski |
|
Francis M. Munchinski |
|
Secretary and Treasurer |
|
Date: December 16, 2014 |
|
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INDEX TO EXHIBITS
Exhibit 16.1
Re: Park Place Energy Corp. (the Company)
This letter will confirm that we reviewed Item 4.01 of the
Companys Form 8-K dated December 15, 2014, captioned Changes in the
Registrants Certifying Accountant and that we agree with the statements made
therein as they relate to Saturna Group Chartered Accountants LLP.
We hereby consent to the filing of this letter as an exhibit to
the foregoing report on Form 8-K.
/s/ SATURNA GROUP CHARTERED ACCOUNTANTS LLP
SATURNA GROUP CHARTERED ACCOUNTANTS LLP
Vancouver, Canada
December 15, 2014