Post by Zoinkers on Jan 6, 2007 2:49:17 GMT -5
Press Release Source: Morgain Minerals Inc.
Morgain Minerals-Notice of Change of Auditor
Friday December 1, 8:30 am ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 1, 2006) - Morgain Minerals Inc. (the "Company") (TSX VENTURE:MGM - News) announces that it has changed its auditors from DeVisser Gray, Chartered Accountants to Morgan & Company, Chartered Accountants ("M&C"). The former auditors resigned and were replaced by the successor auditors effective November 27, 2006.
The Company has sent a change of auditor notice (the "Notice") to each of DeVisser Gray and M&C and has received a letter from each of DeVisser Gray and M&C addressed to the securities commissions in each of British Columbia, Alberta and Ontario (the "Commissions") and the TSX Venture Exchange stating they agree with the information contained in the Notice. A copy of each letter from DeVisser Gray and M&C addressed to the Commissions and to the TSX Venture Exchange will be filed on SEDAR with a copy of the Notice.
During the appointment of DeVisser Gray as the Company's auditors from 2004 to 2006, there were no disagreements or unresolved issues with DeVisser Gray on any matter of audit scope or procedure, accounting principles or policies, or financial statement disclosure. During such period there were no consultations with respect to the foregoing matters.
It is the Company's opinion that there have been no reportable events within the two most recently completed fiscal years or for any period subsequent to the date the most recent audit report was issued and preceding the date hereof. DeVisser Gray did not have any reservation in their auditors' report for the financial statements for the Company's last two fiscal years or for any period subsequent to the date the most recent audit report was issued and preceding the date hereof.
About Morgain Minerals Inc.
Morgain Minerals Inc. is a resource exploration and development company with a number of precious and base metal properties in Mexico. Its corporate strategy is to acquire properties with known resources that can be further developed to production status. Visit Morgain's website www.morgainminerals.com for the latest corporate information.
MORGAIN MINERALS INC.
Leonard Harris, Audit Committee Chairman
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.
Contact:
Richard Adams
Morgain Minerals Inc.
Director and VP Corporate Development
(905) 466-8008
Email: morgain@telus.net
Website: www.morgainminerals.com
Dale Paruk
Coal Harbor Communications Inc.
(604) 662-4505 or Toll Free: 1-877-642-6200
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Source: Morgain Minerals Inc.
Morgain Minerals-Notice of Change of Auditor
Friday December 1, 8:30 am ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 1, 2006) - Morgain Minerals Inc. (the "Company") (TSX VENTURE:MGM - News) announces that it has changed its auditors from DeVisser Gray, Chartered Accountants to Morgan & Company, Chartered Accountants ("M&C"). The former auditors resigned and were replaced by the successor auditors effective November 27, 2006.
The Company has sent a change of auditor notice (the "Notice") to each of DeVisser Gray and M&C and has received a letter from each of DeVisser Gray and M&C addressed to the securities commissions in each of British Columbia, Alberta and Ontario (the "Commissions") and the TSX Venture Exchange stating they agree with the information contained in the Notice. A copy of each letter from DeVisser Gray and M&C addressed to the Commissions and to the TSX Venture Exchange will be filed on SEDAR with a copy of the Notice.
During the appointment of DeVisser Gray as the Company's auditors from 2004 to 2006, there were no disagreements or unresolved issues with DeVisser Gray on any matter of audit scope or procedure, accounting principles or policies, or financial statement disclosure. During such period there were no consultations with respect to the foregoing matters.
It is the Company's opinion that there have been no reportable events within the two most recently completed fiscal years or for any period subsequent to the date the most recent audit report was issued and preceding the date hereof. DeVisser Gray did not have any reservation in their auditors' report for the financial statements for the Company's last two fiscal years or for any period subsequent to the date the most recent audit report was issued and preceding the date hereof.
About Morgain Minerals Inc.
Morgain Minerals Inc. is a resource exploration and development company with a number of precious and base metal properties in Mexico. Its corporate strategy is to acquire properties with known resources that can be further developed to production status. Visit Morgain's website www.morgainminerals.com for the latest corporate information.
MORGAIN MINERALS INC.
Leonard Harris, Audit Committee Chairman
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.
Contact:
Richard Adams
Morgain Minerals Inc.
Director and VP Corporate Development
(905) 466-8008
Email: morgain@telus.net
Website: www.morgainminerals.com
Dale Paruk
Coal Harbor Communications Inc.
(604) 662-4505 or Toll Free: 1-877-642-6200
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Source: Morgain Minerals Inc.