VANCOUVER, May 28, 2012 /CNW/ - Next Gen Metals Inc. ("the Company" or "Next Gen") TSX.V: N OTCQX: NXTTF advises that Manning Elliott Chartered Accountants (the "Former Auditors") have resigned as auditors of the Company effective May 8, 2012. Accordingly, the Directors of the Company have appointed James Stafford, Inc. Chartered Accountants as Auditors for the Company.
There have been no reportable events between the Company and the Former Auditors. There have been no reservations in the Former Auditors' reports in connection with the audits of the two most recently completed fiscal years, and any period subsequent to the most recently completed period for which an Auditors' report was issued and preceding the date of the Former Auditors' resignation.
About Next Gen Metals Inc.
Next Gen is a mineral exploration company whose current focus is on gold and base metals projects in North America. The Company has acquired a 60% option interest (TSX.V: N) on the Destiny Gold Project (Indicated Resource of 364,000 ounces plus an Inferred Resource of 247,000 ounces of gold). In addition, Next Gen is presently advancing the Fate Gold Project adjacent to the Destiny Gold Project, Next Gen continues to evaluate additional advanced-stage silver, gold and base metal projects.
Next Gen http://www.nextgenmetalsinc.com is the newest company to join the International Metals Group ("IMG") (www.internationalmetalsgroup.com). The Board of Directors is comprised in part with directors from other companies within the IMG group who, along with management, have a combined 150 years or more of experience in all aspects of managing public companies related to the resource industry.
On behalf of the Board of Directors
President and CEO
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.. Note: this release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as "continue", "efforts", "expect", "believe", "anticipate", "confident", "intend", "strategy", "plan", "will", "estimate", "project", "goal", "target", "prospects", "optimistic" or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company's ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.
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Next Gen Metals Inc.