Trans-Siberian Gold plc (TSG.L) announces the appointment of PricewaterhouseCoopers LLP (“PwC”) as the Company’s auditor.
In accordance with UK market practice, the Audit Committee commenced a tender process earlier this year. The proposed change of auditor follows a recommendation by the Audit Committee to the Board.
A resolution to approve the appointment of PwC will be put to shareholders at the Company’s next meeting of shareholders.
BDO LLP (“BDO”) has resigned as the Company's auditor and has confirmed to the Company that, in accordance with Section 519 of the Companies Act 2006, there are no circumstances in connection with its resignation which it considers need to be brought to the attention of the Company's members or creditors.
BDO, or its predecessor firms, has been the auditor of the Company since 2008 and the Board would like to thank BDO for its years of diligent service to the Company.
TSG looks forward to working with PwC in the future.
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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.