AlphaGen Intelligence Corp. Transitions to New Auditor for Growth
AlphaGen Intelligence Corp. Changes Auditor
AlphaGen Intelligence Corp. (CSE: AIC | OTC: APETF | FSE: W4V) has made a significant shift in its financial management by appointing a new auditor, Charlton & Company, Chartered Professional Accountants. This change, effective October 4, 2024, replaces the former auditor, De Visser Gray LLP Inc. The decision aims to enhance the company's overall governance structure and ensure comprehensive financial oversight.
Background of the Change
The board of directors of AlphaGen accepted the resignation of the former auditor as of the effective date. The prompt appointment of the successor auditor allows for a smooth transition, ensuring continuous compliance with regulatory obligations. The new auditor will serve until the conclusion of the company's next annual general meeting, highlighting a commitment to maintaining financial transparency and accountability.
Audit Reports and Relationships
It is important to note that throughout the period of engagement, the former auditor did not express any reservations in their audit reports. This reflects positively on AlphaGen’s financial practices during their tenure. Furthermore, there were no reportable events, as defined in National Instrument 51-102, indicating a healthy relationship between the company and its former auditor.
Compliance with Regulatory Standards
In alignment with National Instrument 51-102 regulations, the necessary documentation regarding the change of auditor has been meticulously prepared. This includes a Notice of Change of Auditor and corresponding letters from both the former and the new auditor. These documents have undergone thorough review by the audit committee and the board of directors to uphold the governance integrity of AlphaGen Intelligence Corp.
About AlphaGen Intelligence Corp.
AlphaGen Intelligence Corp. is dedicated to innovation across various sectors such as gaming, entertainment, eCommerce, and retail. Through its operational units, the company is at the forefront of developing advanced solutions and experiences in the gaming sector. Shape Immersive, a leading metaverse studio under AlphaGen's portfolio, focuses on creating next-generation web3 gaming experiences, which caters to high-profile clients including well-known brands and organizations.
Strategic Direction and Future Outlook
Looking ahead, AlphaGen continues to explore new avenues for growth and innovation in technology and entertainment. As the industry evolves, the company’s strategic initiatives aim to enhance community engagement through the introduction of cutting-edge gaming platforms. Clients such as RTFKT and Red Bull exemplify AlphaGen’s capacity to collaborate with prominent brands, creating immersive experiences that resonate with audiences.
Get in Touch with AlphaGen
For inquiries, AlphaGen Intelligence Corp. has established a dedicated Investor Relations team. Reach them via email at info@alphagen.co or call 604 359 1256 for more information regarding the company’s initiatives and performance. Media and public relations can also be directed to the same contact information, ensuring all inquiries are addressed efficiently.
Frequently Asked Questions
What prompted AlphaGen to change its auditor?
The decision to change auditors is aimed at enhancing financial oversight and maintaining robust governance practices within the company.
Who is the successor auditor for AlphaGen?
The new auditor for AlphaGen Intelligence Corp. is Charlton & Company, Chartered Professional Accountants.
How will the auditor change affect AlphaGen's operations?
The transition is intended to improve transparency and accountability in financial reporting, which will positively impact the company's operations.
What industries does AlphaGen operate in?
AlphaGen operates in gaming, entertainment, eCommerce, and retail sectors, focusing on innovative solutions and immersive experiences.
How can I contact AlphaGen for more information?
Interested parties can reach AlphaGen through investor relations at info@alphagen.co or by calling 604 359 1256.
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