Nevada Canyon Gold Corp. Announces Change in Independent Registered Public Accounting Firm
Key Points for Investors
- Change in Auditor: Nevada Canyon Gold Corp. (“the Company”) has replaced its independent registered public accounting firm. Assure CPA, LLC (“Assure”) has been dismissed, and Sadler, Gibb & Associates has been engaged as the new auditor.
- Audit Reports Were Clean: Assure’s audit reports for fiscal years ended December 31, 2025 and 2024 contained no adverse opinions, disclaimers, or qualifications regarding uncertainties, audit scope, or accounting principles.
- No Disagreements or Reportable Events: There were no disagreements or “reportable events” between the Company and Assure during the audited periods and up to the date of change.
- Effective Dates: The change was approved by the Audit Committee on June 4, 2026. The new auditor will serve for the fiscal year ending December 31, 2026.
- Confirmation Letter: Assure CPA, LLC has confirmed in writing that it is in agreement with the Company’s statements regarding their dismissal.
What Shareholders Should Know
The appointment and change of an independent auditor is a significant corporate event. While there were no disagreements or negative audit opinions, the switch to Sadler, Gibb & Associates introduces a new perspective on the Company’s financial reporting, which can be viewed both positively or with caution by the investment community.
- Price Sensitivity: Changes in auditors, especially in the absence of disagreements or reportable events, usually indicate routine business decisions or an alignment with new corporate strategies. However, investors should monitor subsequent filings and financial statements for any material changes in accounting or audit approach.
- Stability and Transparency: The Company’s proactive disclosure and provision of the outgoing auditor’s confirmation letter demonstrate a commitment to transparency. This can help to maintain investor confidence and reduce speculation about the reasons for the change.
- Future Filings: The next financial statements, to be audited by Sadler, Gibb & Associates, may reflect changes in presentation or disclosures based on the new auditor’s interpretations. Investors are encouraged to review these future filings closely.
Full Details of the Auditor Change
According to the Company’s Form 8-K filing, on June 3, 2026, the Board of Directors, through its Audit Committee, decided to replace Assure CPA, LLC with Sadler, Gibb & Associates as its independent registered public accounting firm. The change is effective for the fiscal year ending December 31, 2026.
The Company states that Assure’s audit reports for the years ended December 31, 2025 and 2024 were unqualified and contained no adverse opinion or disclaimer. During these periods, and the subsequent interim period through June 3, 2026:
- No disagreements between the Company and Assure regarding accounting principles or practices, financial statement disclosure, or auditing scope or procedures.
- No reportable events as defined by SEC regulations occurred.
Moreover, the Company provided Assure with a copy of the disclosures in the Form 8-K and requested Assure to furnish a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made. Assure’s letter, dated June 4, 2026, affirms its agreement with the Company’s statements.
The Company also clarified that during the fiscal years ended December 31, 2025 and 2024, and up to June 3, 2026, neither the Company nor anyone on its behalf consulted with Sadler, Gibb & Associates regarding the application of accounting principles to specific transactions, the type of audit opinion that might be rendered, or any matters that were the subject of disagreement or a reportable event.
The only exhibits attached to the filing are the letter from Assure CPA, LLC and the Cover Page Interactive Data File.
Potential Impact on Share Price
While a change in auditor itself may not directly impact share price, it can sometimes be viewed as a signal of evolving corporate governance or strategic direction. Given there were no negative audit findings or disagreements, the move appears to be routine. However, investors should be vigilant for any future changes in financial reporting or disclosures resulting from the new auditor’s engagement.
