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Antioquia Gold Inc. (OTC:AGDXF) has named KPMG Perú, a member firm of KPMG International, as its new auditor effective July 15, 2026, succeeding BDO Canada LLP following their resignation. This appointment, approved by the board of directors and audit committee, initiates KPMG’s audit of the company’s financial statements starting with the year ended December 31, 2022.
Key Points
- Antioquia Gold Inc. (OTC:AGDXF) appointed KPMG Perú as auditor effective July 15, 2026
- KPMG Perú replaces BDO Canada LLP after their resignation
- KPMG will audit financial statements beginning with the year ended December 31, 2022
- Appointment approved by the board of directors and audit committee, remaining until next annual general meeting or successor appointment
- Change of auditor notice to be filed on SEDAR+ in compliance with National Instrument 51-102
Auditor Appointment and Effective Date
On July 21, 2026, Antioquia Gold Inc. announced the appointment of Emmerich, Córdova y Asociados S. Civil de R.L., operating as KPMG Perú and part of KPMG International, as its auditor. The appointment took effect on July 15, 2026, and will remain until the next annual general meeting or until a successor is designated.
The Calgary-based company’s board of directors and audit committee both formally approved KPMG’s appointment, marking a key governance transition from the prior auditor, BDO Canada LLP.
Transition Following BDO Canada LLP Resignation
Following BDO Canada LLP’s resignation as auditor, Antioquia Gold conducted a thorough selection process to appoint a new auditing firm aligned with its governance standards.
In line with National Instrument 51-102 – Continuous Disclosure Obligations, the company will submit a change of auditor notice on SEDAR+. This filing will include letters from both KPMG and BDO Canada LLP. Additional details on the auditor change were provided in a prior press release dated April 22, 2026.
CEO Comments on Auditor Selection
Diego Heilbrunn Navarro Grau, CEO of Antioquia Gold Inc., stated the company "carefully chose KPMG as our new auditor to reinforce our commitment to accountability and transparency."
This highlights management’s focus on strengthening financial governance and investor confidence. Selecting KPMG Perú, a member of the global KPMG network, also supports the company’s operational interests in Peru.
Scope of KPMG’s Audit Engagement
KPMG Perú will audit Antioquia Gold’s financial statements starting with the fiscal year ended December 31, 2022. This retrospective start indicates the company is addressing prior financial statement audit coverage.
KPMG’s appointment entrusts them with ongoing audit responsibilities consistent with continuous disclosure obligations for publicly traded companies.
Governance and Board Approval
The auditor appointment received formal approval from both the board of directors and audit committee, reflecting standard corporate governance protocols.
The audit committee’s involvement ensures independent oversight of financial reporting and audit functions.
Regulatory Disclosure Compliance
Antioquia Gold will comply with National Instrument 51-102 by filing a change of auditor notice on SEDAR+, Canada’s electronic document system.
This filing will include letters from KPMG and BDO Canada LLP explaining the auditor change. These documents are standard regulatory requirements. For full details, investors are referred to the company’s April 22, 2026 press release.
Commitment to Transparency and Governance
The company emphasizes its dedication to enhanced accountability and transparency through this auditor change. Engaging KPMG, a globally recognized firm, aligns with efforts to boost investor trust and governance standards.
The choice of KPMG Perú also reflects Antioquia Gold’s operational footprint and accounting requirements related to its activities in Peru.
Forward-Looking Statements and Risks
The announcement includes forward-looking information under Canadian securities laws concerning regulatory filings related to the auditor change. Such statements use terms like "may," "will," "intend," and "anticipate."
These forward-looking statements are based on assumptions subject to risks and uncertainties that could cause actual outcomes to differ materially, including potential regulatory investigations. The company disclaims any obligation to update these statements except as required by law.
Investor Considerations
Shareholders should watch for the change of auditor notice on SEDAR+ to review formal documentation from both KPMG and BDO Canada LLP. The retrospective audit start date suggests the company is addressing historical financial audit matters.
The immediate impact on share price is unclear. Investors are encouraged to consult the April 22, 2026 press release for additional context. The auditor change may be viewed as a positive governance enhancement or indicative of underlying issues prompting BDO Canada LLP’s resignation. Regulatory filings will provide further insight for evaluation.
