TAAL Announces Appointment of Auditor
2020年2月6日 - 8:11AM
TAAL Distributed Information Technologies Inc. (CSE:TAAL |
FWB:9SQ | OTCQB:SQRMF) (“
TAAL”) is pleased to
announce that, effective January 30, 2020, it has appointed Marcum
LLP (the “
Successor Auditor”) to serve as auditor
until the next annual general meeting of shareholders of TAAL.
Further to TAAL’s press release dated November
12, 2019, DeVisser Gray LLP (the “Former Auditor”)
previously resigned, at its own initiative, effective on November
11, 2019. The Former Auditor’s reports with respect to TAAL’s
financial statements for the fiscal years ended December 31, 2018
and October 31, 2017 did not contain a modified opinion and there
was no “reportable event” (as such term is defined in National
Instrument 51-102 – Continuous Disclosure Obligations (“NI
51-102”)) for the period covered by such financial
statements or for the period from December 31, 2018 to the date of
the Former Auditor’s resignation.
In accordance with NI 51-102, TAAL has filed a
change of auditor notice (the "Notice") on SEDAR,
together with letters from the Former Auditor and the Successor
Auditor, with each letter confirming agreement with the statements
contained in the Notice.
Appointment of Corporate
Secretary
TAAL is pleased to announce that Melissa
Martensen has been appointed Corporate Secretary. Melissa
Martensen holds a B.Comm (Finance) from UNBC, worked in banking for
8 years, and was previously the Corporate Secretary for a number of
mineral exploration companies. Melissa succeeds Joseph Chin
who was acting as interim Corporate Secretary. Mr. Chin
remains with TAAL in his capacity as Chief Mining Officer.
About TAAL Distributed Information
Technologies Inc.
TAAL is a Canadian based technology company
engaged, through its subsidiaries, in the business of operating,
managing and developing cloud computing data infrastructure and
system technology to support global blockchain applications related
to Bitcoin SV, Bitcoin Core and other SHA-256 based digital
assets.
For further information contact:
Angela Holowaychuk
President and Chief Executive Officer
Telephone: +1 800-371-2809
The Canadian Securities Exchange accepts no responsibility for
the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD‐LOOKING
INFORMATION:
This news release includes "forward-looking
information" as defined under applicable Canadian securities
legislation. Forward‐looking information and statements include,
but are not limited to, disclosure regarding possible events, that
are based on assumptions about future economic conditions and
courses of action and the service of the Successor Auditor until
the next annual general meeting of shareholders of TAAL, and, in
certain cases, can be identified by the use of words such as
"expects", or variations of such words and phrases or statements
that certain actions, events or results "may" or "will", or the
negative forms of any of these words and other similar expressions.
Forward-looking information is necessarily based upon a number of
estimates and assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other
factors which may cause the actual results and future events to
differ materially from those expressed or implied by such
forward-looking information. Such factors include, but are not
limited to: general business, economic, competitive, political and
social uncertainties, uncertain and volatile equity and capital
markets, lack of available capital, future demand for Bitcoin SV,
Bitcoin Core and other digital assets and risks related to the
mining thereof, integration issues, personnel and staffing
requirements, technological change and obsolescence and effects of
the appointment of the Successor Auditor on TAAL. Actual results
and future events and actions could differ materially from those
anticipated in such forward looking information. Accordingly,
readers should not place undue reliance on forward-looking
information. All forward looking information in this news release
is made as of the date hereof and qualified by these cautionary
statements and those in our continuous disclosure filings available
on SEDAR at www.sedar.com. TAAL disclaims any intention or
obligation to update or revise such forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by law.
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