#High Tide Resources Corp. Announces Change of Auditor
High Tide Resources Corp. has officially changed its auditor from McGovern Hurley LLP to MNP LLP, effective July 15, 2026. This decision was made by the company's board of directors and reflects a strategic internal adjustment.
The resignation of McGovern Hurley LLP as the company's former auditor was accepted by the board of directors on July 15, 2026. MNP LLP has been appointed as the new auditor, effective the same date, and will serve until the conclusion of the next annual general meeting of shareholders.
Notably, the transition does not indicate any concerns with the former auditor's work; there were no reservations reported in connection with audits from the last two financial years, nor were there any defined "reportable events" as established in National Instrument 51-102.
In line with the compliance requirements under National Instrument 51-102, the necessary documentation, including letters from both auditors and a notice regarding the change, has been reviewed by the audit committee and the board. These documents are available as part of the company's profile on SEDAR+.
High Tide Resources Corp. continues to focus on its mineral development projects, which include the Labrador West Iron Project. This site features a substantial inferred iron resource of 654.9 million tonnes at a grade of 28.84% Fe. The project is strategically located adjacent to the IOCC's Carol Lake Mine in Labrador City, NL.
The company also has a 100% interest in the Lac Pegma copper-nickel-cobalt deposit located southeast of Fermont, Quebec. These projects underline the company’s dedication to advancing mineral resources critical for future infrastructure projects.
High Tide Resources Corp. changed its auditor from McGovern Hurley LLP to MNP LLP at the request of the Company. The board of directors accepted this change as of July 15, 2026.
MNP LLP will serve as the new auditor until the close of High Tide Resources Corp.'s next annual general meeting of shareholders.
There were no reservations in the audit reports from McGovern Hurley LLP regarding the audits of the Company's two most recently completed financial years, and there were no 'reportable events' defined under National Instrument 51-102 between the Company and the Former Auditor.
NI 51-102, or National Instrument 51-102, outlines continuous disclosure obligations for companies. High Tide Resources Corp. has complied with these requirements by filing the necessary documents related to the change of auditor.
High Tide Resources Corp. is focused on developing mineral projects critical for infrastructure, particularly the Labrador West Iron Project and the Lac Pegma copper-nickel-cobalt deposit.
The Labrador West Iron Project hosts an inferred iron resource of 654.9 million tonnes at an average grade of 28.84% Fe, which is exposed at surface and has been assessed for an open-pit mining scenario.
Further details on High Tide Resources Corp., including its technical reports, can be found on the Company's profile on SEDAR+ and their website at www.hightideresources.com.
The forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially. Factors include changing commodity prices, political risks, and the failure to obtain necessary approvals.