Star Gold Corp. 8-K

What Happened
Star Gold Corp (SRGZ) filed an 8-K reporting a change in its independent registered public accounting firm. On June 3, 2026, Assure CPA, LLC merged into Sadler, Gibb & Associates, LLC and ceased operations as a public accounting firm, prompting Assure CPA’s resignation. The company’s Audit Committee approved both the resignation and the engagement of Sadler, Gibb & Associates on June 4, 2026. Sadler, Gibb & Associates was engaged as the Company’s independent auditor for the fiscal year ending April 30, 2026.

Key Details

• Assure CPA’s audit reports for the fiscal years ended April 30, 2024 and April 30, 2025 contained explanatory paragraphs expressing substantial doubt about the Company’s ability to continue as a going concern.
• There were no disagreements or “reportable events” between Star Gold and Assure CPA for the fiscal years 2024 and 2025 or the interim period through June 3, 2026.
• The company requested and filed a letter from Assure CPA (dated June 4, 2026) regarding these disclosures (Exhibit 16.1).
• Star Gold disclosed that it did not consult Sadler, Gibb & Associates on accounting or auditing matters during fiscal 2024, 2025 or through June 3, 2026.

Why It Matters
A change in auditors can draw investor attention, but here the transition resulted from Assure CPA’s merger and cessation of operations rather than a reported disagreement with management. Prior audits did include going-concern language, which remains a material fact for investors assessing the company’s financial health. The Audit Committee’s approval and the lack of reported disagreements or reportable events suggest an orderly handoff; investors should watch for upcoming audited financials issued under Sadler, Gibb & Associates and any updated auditor commentary.