REG - Xtract Resources plc - Change of auditor

Xtract ResourcesAnnouncement

30/03/2023 07:00

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RNS Number : 6801U  Xtract Resources plc  30 March 2023

 

For immediate release

30 March 2023

 

Xtract Resources Plc

("Xtract" or the "Company")

Change of auditor

 

 

The Board of Xtract Resources Plc ("Xtract" or the "Company") has appointed
MAH, Chartered Accountants ("MAH") as its new independent auditor with
immediate effect.

Jeffreys Henry LLP, the Company's former auditor, has advised Xtract
that Jeffreys Henry LLP does not have sufficient capacity to satisfy its
regulatory requirements in respect of its audit engagement with Xtract and on
that basis will therefore resign as auditor. This change has caused Jeffreys
Henry LLP to withdraw from multiple clients concurrently, not just Xtract.

The Board has approved the appointment of MAH as the Company's auditor for the
financial year ending 31 December 2022. The re-appointment of MAH for the
financial year ending 31 December 2023 will be subject to approval by
shareholders at the next Annual General Meeting of the Company to be held in
2023.

 

In accordance with Section 519 of the Companies Act 2006, Jeffreys Henry, has
deposited with the Company a statement confirming that there are no matters to
be brought to the attention of the Company's members or creditors.

 

Further information is available from the Company's website which details the
company's project portfolio as well as a copy of this
announcement: www.xtractresources.com

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the
European Union (Withdrawal) Act 2018 ("UK MAR"). The person who arranged for
the release of this announcement on behalf of the Company was Colin Bird,
Director.

 

Enquiries:

 Xtract Resources Plc                               Colin Bird,          +44 (0)20 3416 6471

                                                    Executive Chairman   www.xtractresources.com (http://www.xtractresources.com)

 Beaumont Cornish Limited                           Roland Cornish       +44 (0)207628 3369

 Nominated Adviser and Joint Broker                 Michael Cornish      www.beaumontcornish.co.uk (http://www.beaumontcornish.co.uk)

                                                    Felicity Geidt

 Novum Securities Limited                           Colin Rowbury        +44 (0)207 399 9427

 Joint Broker                                       Jon Belliss          www.novumsecurities.com

 

ENDS

 

 

 

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