VANCOUVER,
Oct. 18, 2012 /CNW/ - Stone
Resources Limited (the "Corporation") (TSX-V: SRH)
announces that it has changed its auditor. A Chan &
Company LLP (the "Former Auditor") has been terminated
effective October 15, 2012 and
Davidson & Company LLP (the "Successor Auditor") has
been appointed. The change in auditor has been approved by
the Corporation's Audit Committee and Board of Directors.
There were no reservations in the Former
Auditor's reports in connection with the most recently completed
fiscal year or for any period subsequent to the most recently
completed period for which an audit report was issued. There
were also no reportable events between the Corporation and the
Former Auditor or the Successor Auditor including disagreements,
unresolved issues or consultations as defined in National
Instrument 51‐102, Continuous Disclosure ("NI
51‐102").
All procedures have been properly followed under
NI 51‐102 regarding the change of auditor and, as required, a
Notice of Change of Auditor together with the required letters from
the Former Auditor and the Successor Auditor will be filed via
SEDAR with each securities commission in each province or territory
in Canada in which the Corporation
is a reporting issuer.
ON BEHALF OF THE BOARD OF DIRECTORS
"Xin Kelei"
Xin Kelei
Vice President and Corporate Secretary
About Stone Resources Limited
Stone Resources Limited (TSX-V: SRH) is a
company incorporated in Bermuda
and listed on the TSX Venture Exchange in Canada. The Company is involved with
mineral resources exploration and development in Australia. Stone Resources plans to
expand and develop its business using its effective team of experts
in exploration, geology, metallurgy, mine engineering, law and
finance.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that terms is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
SOURCE Stone Resources Limited
