CALGARY, April 22, 2015 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: MQL) is pleased to announce the appointment of KPMG LLP ("KPMG") as its auditor, replacing Collins Barrow Calgary LLP ("Collins Barrow"). The Company's Board of Directors and its Audit Committee approved the appointment of KPMG, accepted the resignation of Collins Barrow and reviewed all of the documents related to the change of auditor. Collins Barrow resigned as auditor at Marquee's request and there were no reservations in the auditor's report by Collins Barrow, in respect to the Company's financial statements for the two most recently completed financial years. To the knowledge of the Company, there was no "reportable event", as such term is defined in National Instrument 51-102 — Continuous Disclosure Obligations, during the two most recently completed financial years.
In accordance with all regulatory requirements, the Notice of Change of Auditor, together with the required letters from Collins Barrow and KPMG, will be filed on SEDAR.
Shareholders of Marquee will be asked to vote on the appointment of KPMG as auditor at the Company's upcoming annual general meeting held on May 27, 2015 (the "Meeting"). Formal notice of the Meeting, the Company's proxy statement and information circular will be delivered to shareholders and filed publicly, in accordance with applicable regulations, in the coming weeks.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Marquee Energy Ltd. is a Calgary based, junior energy company focused on high rate of return oil development and production. Marquee is committed to growing the company through exploitation of existing opportunities and continued consolidation within its core area at Michichi. The Company's shares are traded on the Toronto Stock Exchange under the trading symbol "MQL.V" and on the OTCQX marketplace under the symbol "MQLXF". An updated presentation and additional information about Marquee may be found on its website www.marquee-energy.com and in its continuous disclosure documents filed with Canadian securities regulators on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
SOURCE Marquee Energy Ltd.
For further information: Richard Thompson, President & Chief Executive Officer, (403) 817-5561, RThompson@marquee-energy.com or visit the Company's website at www.marquee-energy.com.