Brightrock Gold Corp (OTCMKTS:BRGC) Stock In Focus After Recent News
The lithium exploration company Brightrock Gold Corp (OTCMKTS:BRGC) is currently involved with the development of the Midnight Owl Lithium Project but yesterday the company made a key announcement which was unrelated to its work on the project.
Trading Data
On Wednesday, BRGC stock lost 0.55% to $0.4265 with more than 14.35K shares, compared to its average volume of 90.44K shares. The stock moved within a range of $0.4060 – 0.4280 after opening trade at $0.4224.
BrightRock Gold Corp. Announces the Engagement of Fruci and Associates II PLLC, a PCAOB Registered Independent Auditors as Part of its Preparation for Becoming a Fully SEC-Reporting Corporation
The company announced yesterday that it engaged the services of Fruci and Associates II, PLLS, a PCOAB registered firm based out of Spokane, WA for the purpose of auditing its financial statements for the previous two years ending December 31, 2021 and December 31, 2022. As a part of this particular exercise, Fruci and Associates would also work on the review of the upcoming and future interim periods from time to time.
The PCOAB is responsible for the regulation of the audits of companies whose securities are listed in the United States. In 2003, it had come up with a set of rules which the firms which would audit United States companies would need to abide by. Brightrock Gold Corpseek to complete these audits so that it could continue its journey of growth and get listed on a bigger exchange. The engagement of a PCOAB listed firm to audit its financial results would allow the company to start the process of transitioning from the OTC markets and get the status of a listed company.
