00:42:42 EDT Mon 20 May 2024
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Turnium Technology Group Inc
Symbol TTGI
Shares Issued 104,605,243
Close 2023-11-29 C$ 0.065
Market Cap C$ 6,799,341
Recent Sedar Documents

Turnium changes auditor to Kingston, appoints CFO

2023-11-29 17:29 ET - News Release

Mr. Derek Spratt reports

TURNIUM TECHNOLOGY ANNOUNCES CHANGE OF AUDITOR AND APPOINTMENT OF NEW CFO

Turnium Technology Group Inc. has changed its auditor from Manning Elliott LLP to Kingston Ross Pasnak LLP, effective Nov. 28, 2023. The former auditor submitted a resignation letter as the auditor of the company, effective Nov. 27, 2023, and the board of directors of the company appointed the successor auditor as the company's auditor, effective Nov. 28, 2023, until the next annual general meeting of the company.

There were no reservations in the former auditor's reports on the company's financial statements for the period commencing at the beginning of the company's two most recently completed financial years and ending on the date of resignation of the former auditor. There are no reportable events including disagreements, consultations or unresolved issues as defined in National Instrument 51-102 (Continuous Disclosure Obligations) (Part 4.11) between the company and the former auditor.

In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the former auditor and the successor auditor, has been reviewed by the board of directors of the company and filed on SEDAR+.

The company further wishes to announce the appointment of Konstantin Lichtenwald as the chief financial officer. Mr. Lichtenwald has over 16 years of finance and accounting experience, including corporate compliance, accounting and financial management, initial public offerings, and reverse takeovers, providing corporate finance, valuation, taxation, financial reporting, consulting and other accounting services to both small businesses and public companies. Derek Spratt, who was acting as the interim CFO, has stepped down from the role, but will continue as the chief executive officer and as a member of the board of directors.

About Turnium Technology Group Inc.

Turnium delivers its SD-WAN solution as a white label, containerized, disaggregated software platform that channel partners host, manage, brand and price and as a managed cloud-native service provided by Turnium. Both Turnium SD-WAN offers are available through a channel partner program designed for communications service providers, Internet and managed service providers, system integrators, and value-added resellers.

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