Refined Energy Corp.: A New Chapter with De Visser Gray LLP
AInvestMonday, Oct 7, 2024 6:35 pm ET
1min read
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Refined Energy Corp. (CSE: RUU; OTC: RFMCF; FRA: CWA0), a junior mining company dedicated to identifying, evaluating, and acquiring interests in mineral properties in North America, has announced a significant change in its financial reporting process. The Company has appointed De Visser Gray LLP, Chartered Professional Accounts, as its new auditor, effective October 4, 2024. This move comes after the acceptance of the resignation of the former auditor, GreenGrowth CPAs Inc., Certified Public Accountants.

The resignation of GreenGrowth CPAs Inc. was accepted by Refined Energy Corp.'s board of directors, and the appointment of De Visser Gray LLP was made to hold office until the close of the Company's next annual general meeting of shareholders. There were no reservations in the former auditor's audit reports for any financial period during which GreenGrowth CPAs Inc. was the Company's auditor. Additionally, there are no "reportable events" between Refined Energy Corp. and the former auditor.

The appointment of De Visser Gray LLP as the new auditor is expected to have a positive impact on Refined Energy Corp.'s financial reporting and investor confidence. The Company's audit committee and board of directors have reviewed the Notice of Change of Auditor, together with the required letters from the former and successor auditors, and have approved the transition. This change ensures that the Company maintains high-quality financial reporting standards and adheres to the principles of transparency and accountability.

The change in auditor may also have implications for Refined Energy Corp.'s ongoing projects and future prospects. As a junior mining company, Refined Energy Corp. is focused on identifying and acquiring mineral properties in North America. The Company's portfolio includes the Dufferin Project, as well as options to earn up to a 100% interest in the Basin and Milner uranium properties in Saskatchewan. The appointment of a new auditor may provide a fresh perspective on the Company's financial reporting, potentially leading to improved insights and recommendations for future growth.

In conclusion, Refined Energy Corp.'s appointment of De Visser Gray LLP as its new auditor signifies a new chapter in the Company's financial reporting process. This change is expected to enhance the Company's financial reporting, investor confidence, and future prospects. As Refined Energy Corp. continues to explore and develop mineral properties in North America, the Company's commitment to transparency and accountability remains a top priority.
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