Shares issued to Settle Island Time Note and Change of Auditor
December 14 2020 - 5:06PM
Decklar Resources Inc (the
“
Company”) (TSXV: DKL) announces that it has
entered into an amending agreement regarding its option to acquire
a 75% interest in the Holt Claims from Island Time Exploration
Limited (“ITE”), such that (i) the remaining $50,000 cash payment
still owing by the Company to ITE will be settled through the
issuance of 175,000 common shares of the Company, and (ii) the time
to incur the minimum exploration expenditures is extended to
September 30, 2021.
The Company also announces that it has changed
its auditor from KPMG LLP (“Former Auditor”) to MNP LLP (“Successor
Auditor”) until the next Annual General Meeting of the Company.
There are no “reportable events” (as the term is defined in
National Instrument 51-102 –Continuous Disclosure Obligations (“NI
51-102”) between the Company and the Former Auditor. In accordance
with NI 51-102 the notice of change of auditor, together with the
required letters from the Former Auditor and the Successor Auditor
have been reviewed by the Board of Directors of the Company and
filed on SEDAR.
For further information:
Duncan T. BlountChief Executive Officer
Telephone: +1 305 890
6516Email: dblount@decklarresources.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
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