VANCOUVER, BC, Feb. 16, 2021 /CNW/ - Kainantu Resources Ltd.
(TSXV: KRL) ("KRL" or the "Company"), the Asia-Pacific focused gold exploration company,
announces that it has changed auditors from De Visser Gray LLP ("De
Visser Gray") to Davidson & Company LLP ("Davidson &
Company"), effective February 11,
2021.
At the request of the Company, De Visser Gray has resigned as of
the effective date of February 11,
2021. Davidson & Company has been appointed as the
successor auditor. In accordance with National Instrument 51–102 -
Continuous Disclosure Obligations ("NI 51–102"), the Company
has filed a Notice of Change of Auditor on SEDAR together with
letters from both De Visser Gray and Davidson & Company, with
each letter confirming agreement with the statements contained in
the notice, as applicable. There were no reportable events (as
defined in NI 51–102) between De Visser Gray and the Company.
About KRL
KRL is an Asia-Pacific focused
gold mining company with two highly prospective gold tenement
packages, KRL South and KRL North, in a premier mining region, the
high-grade Kainantu gold district of PNG. KRL has a highly
experienced board and management team with a proven track record of
working together in the region; and an established in-country
partner.
For further information please visit
https://kainanturesources.com/
Neither the TSX-V nor its Regulation Services Provider (as
that term is defined in the policies of the TSX-V) accepts
responsibility for the adequacy or accuracy of this
release.
Disclaimer and Forward-Looking Information
Statements contained in this release that are not historical
facts are forward-looking statements that involve various risks and
uncertainty affecting the business of KRL. In making the
forward-looking statements, KRL has applied certain assumptions
that are based on information available, including KRL's strategic
plan for the near and mid-term. There can be no assurance that such
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking information. KRL does not undertake to update any
forward-looking information, except in accordance with applicable
securities laws.
SOURCE Kainantu Resources Ltd.