July 3, 2019 Vancouver, BC, Canada – New Age Metals Inc. (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) announces that it has changed its auditors from James Stafford, Inc. Chartered Professional Accountants (“Former Auditor”) to Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants (“Successor Auditor”) effective July 3, 2019.
The Former Auditor resigned at the request of the Company as auditor effective June 28, 2019. The Audit Committee and Board of Directors have appointed the Successor Auditor as the Company’s auditor effective July 3, 2019 to hold office until the next annual meeting of shareholders.
There were no reservations in the Former Auditor’s reports for the two most recently completed financial years and there were no reportable events, as defined by Part 4.11 of National Instrument 51-102 between the Company and the Former Auditor.
The Notice of Change of Auditor, together with the letters from the Former and Successor Auditor have been reviewed by the Company’s Audit Committee and Board of Directors and have been filed on SEDAR.
“We would like to thank James Stafford, Inc. Chartered Professional Accountants for their guidance and wish them continued success with their future endeavours”.
On behalf of the Board of Directors
Harry G. Barr
Chairman and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.