Burcon NutraScience Corporation (TSX:BU) (NASDAQ:BRCN) ("Burcon" or the "Company"), a global technology leader in the development of plant-based proteins for foods and beverages, today announced the resignation of its auditors, PricewaterhouseCoopers LLP ("PwC"), effective September 1, 2022 and that it is postponing its annual meeting of shareholders (the "AGM"), which was to be held on September 14, 2022.
PwC has confirmed that there have been no "reportable events", "disagreements" or "unresolved issues" (as such terms are defined in National Instrument 51-102 - Continuous Disclosure Obligations).
Due to the inopportune timing of PwC's notice of resignation, the Company's Board of Directors decided to postpone the AGM until the Company has appointed a successor auditor. The Company is engaged in discussions with potential successor audit firms and expects to engage a new audit firm shortly.
The Company will provide an update regarding the appointment of a successor auditor and the new date for the AGM in a further news release.