REG-China Nonferrous Gold Limited Extension of Auditor appointment

China Nonferrous GoldAnnouncement

21/04/2021 13:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20210421:nBw72GTKya&default-theme=true


Extension of Auditor appointment

 

China Nonferrous Gold Limited 中国有色黄金有限公司

(“CNG” or the “Company”)

Extension of Auditor appointment

China Nonferrous Gold Limited 中国有色黄金有限公司 (AIM: CNG), the
mineral exploration and mining company currently mining the Pakrut gold
project in the Republic of Tajikistan, is pleased to announce that PKF
Littlejohn LLP will continue to be the auditor of CNG for the Company accounts
for the twelve months ended 31 December 2020.

Extension of Audit Engagement Partner with PKF Littlejohn LLP

The FRC Revised Ethical Standard 2019 states that in circumstances where the
audit committee (or equivalent) of the audited entity decide that a degree of
flexibility over the timing of rotation is necessary to safeguard the quality
of the audit and the audit firm agrees, the audit engagement partner may
continue in this position for an additional period of up to two years, so that
no longer than seven years in total is spent in the position of audit
engagement partner.

The knowledge held by the Responsible Individual (“RI”) of the historic
commercial and accounting issues that have been faced by the company, and the
required approach to ensure key balances and transactions are presented
appropriately, is invaluable to the understanding and implementation of this
audit.

Therefore, it has been approved by the audit committee of CNG that whilst the
RI has been in place for five years, it is in the best interests of the
Company if the current RI extends their position for one more year.

For further information please visit the Company’s website (www.cnfgold.com)
or contact:

China Nonferrous Gold Limited

Zhang Hui, Managing Director

Tel: +86 10 8442 6662

WH Ireland Limited (NOMAD & Broker)

Katy Mitchell (mailto:Katy.Mitchell@whirelandcb.com) , James Sinclair-Ford

Tel: +44 (0)207 220 1666

Blytheweigh (PR)

Tim Blythe

Tel: +44 (0)20 7138 3224

The information contained within this announcement is deemed by the Company to
constitute inside information under the Market Abuse Regulation (EU) No.
596/2014



View source version on businesswire.com:
https://www.businesswire.com/news/home/20210421005583/en/
(https://www.businesswire.com/news/home/20210421005583/en/)

China Nonferrous Gold Limited


Copyright Business Wire 2021