Client NewsSovereign Metals Limited: Notification of Change of Auditor
Sovereign Metals Limited (Company) (ASX:SVM, AIM:SVML) advises that Ernst & Young has been appointed as auditor of the Company, with effect from today. This appointment follows the resignation of Deloitte Touche Tohmatsu (Deloitte) and ASIC’s consent to the resignation in accordance with s329(5) of the Corporations Act 2001.
The appointment of Ernst & Young follows a review of the Company’s external audit arrangements and the Board selected Ernst & Young based upon their expertise and competitive fee structure. The Board would like to take this opportunity to thank Deloitte for its past assistance and services rendered to the Company.
In accordance with s327C of the Corporations Act 2001, a resolution will be put before shareholders at the Company’s 2022 Annual General Meeting, to ratify the appointment of Ernst & Young as the Company’s external auditor.
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