CALGARY, ALBERTA–(Marketwire – April 13, 2011) –
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Storm Resources Ltd. (the "Company") (TSX VENTURE:SRX) announces that, effective April 12, 2011 it has changed auditor from PricewaterhouseCoopers LLP ("PWC") to Ernst & Young LLP ("E&Y").
At the request of the Company PWC has resigned as auditor of the Company and E&Y has been appointed as successor. There were no reservations in PWC’s audit reports for the two most recently completed fiscal periods or for any period subsequent to the most recently completed period for which an audit report was issued preceding the date of PWC’s resignation. There were no reportable events between the Company and PWC or between the Company and E&Y.
The audit committee and the board of directors of the Company have approved the appointment of E&Y as successor auditor. In accordance with NI 51-102 a notice of change of auditor together with required letters from the former auditor and the successor auditor have been filed on SEDAR.
THIS NEWS RELEASE is not for dissemination in the United States or to any United States news services. The common shares of the Company have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold in the United States or to any U.S. person except in certain transactions exempt from the registration requirements of the U.S. Securities Act and applicable state securities laws.
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.