05:32:28 EDT Sat 04 May 2024
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iMining hires SRCO to aid in audit completion

2023-10-26 17:33 ET - News Release

Mr. Khurram Shroff reports

IMINING TECHNOLOGY TAKES PROACTIVE STEPS TO ENHANCE AUDIT SUPPORT PROCEDURES BY RETAINING SRCO TO ASSIST IN THE AUDIT PROCESS

iMining Technologies Inc. continues to work toward the completion of its annual audit process. The delay in finalizing the company's financials is due to its involvement in innovative sectors that lack established audit protocols. To address these challenges, the company has engaged the services of SRCO Professional Corp., chartered professional accountants, a Canadian public accounting and advisory firm.

"In an era of rapid technological advancements, we find ourselves at the forefront of innovation, and this has posed a unique set of challenges when it comes to auditing," said Khurram Shroff, chairman and chief executive officer of iMining. "The technological sector we operate in are often pushing the boundaries of what is conventionally audited, making it essential to engage consultants who understand the complexities of these pioneering fields."

Saleem Moosa, chief financial officer of iMining, stated: "Despite the unavoidable delays, iMining continues to work with its auditors and SRCO, with a goal to complete the audit in the coming months. The company remains confident in its ability to comply with financial reporting responsibilities to ensure that our financial statements accurately reflect the state of our operations, including our technologies."

About iMining Technologies Inc.

iMining is a publicly listed technology company which together with its subsidiaries acquires, builds and manages future technology companies in Canada. The company's industry-specific technology businesses provide specialized and innovative solutions in future technologies and serves private sector markets. iMining is headquartered in Vancouver, Canada.

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