On December 10, 2024, Lode-Star Mining, Inc. (the “Company”) received notification from Smythe LLP, Chartered Professional Accountants (the current auditor “Smythe”) regarding their decision to discontinue services due to a change in their policy for audits of SEC registrants. Smythe’s report on the financial statements for the years ended December 31, 2023, and 2022 did not contain any adverse opinions or disclaimers. However, it did include an explanatory paragraph indicating substantial doubt about the Company’s ability to continue as a going concern.
During the two-year period covered by the financial statement audits and the subsequent interim period, there were no disagreements with Smythe on accounting principles, financial disclosures, or auditing procedures that would have required disclosure in their report. Additionally, no “reportable events” as defined in Item 304(a)(1)(v) of Regulation S-K occurred during this time.
In compliance with the disclosure requirements, Lode-Star Mining attached the following exhibit:
– Exhibit 16.1: Letter from Smythe concerning the Change in Certifying Accountant.
– Exhibit 104: Cover Page Interactive Data File (embedded within the Inline XBRL document).
By December 17, 2024, the report was duly signed on behalf of the Company by Mark Walmesley, the Chief Executive Officer. The Company affirms its commitment to transparency in its financial reporting and the diligent selection of a new auditor to continue ensuring the integrity of its financial stewardship.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Lode-Star Mining’s 8K filing here.
About Lode-Star Mining
Lode-Star Mining Inc does not have significant operations. Previously, it was engaged in development of Epigallocatechin-gallate molecule-based drug candidates. The company is based in Reno, Nevada. Lode-Star Mining Inc is a subsidiary of Lode Star Gold Inc
