CANON CITY, CO, Oct. 12 /PRNewswire/ - Buckingham Exploration Inc. (the "Company") (OTCBB: BUKX) announced today that Manning Elliott LLP resigned as the independent auditors of the Company effective October 7, 2010 and MaloneBailey LLP were appointed in their place effective the same date.
There were no reservations or qualifications in the former auditor's report in connection with the Company's financial statements for the last two fiscal years, other than a going concern statement. There were no disagreements between the Company and the former auditors or any reportable events, except with respect to certain weaknesses in our internal controls and with respect to the accounting for a debenture settlement. The Company has filed a Form 8-K with the SEC and Notice of Change of Auditor with the BCSC disclosing the change of its independent auditors.
"The Company looks forward to taking advantage of MaloneBailey's experience as we continue to develop our business," said Robin Relph, the Company's President and Chief Executive Officer.
About Buckingham Exploration Inc.:
Buckingham Exploration is an exploration stage company whose principal business is the acquisition and exploration of mineral resources. Information about the business of the company can be found in its filings with securities regulatory authorities.
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including "could", "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential" and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company's reports filed from time to time with the Securities and Exchange Commission and available at href="http://www.sec.gov/">www.sec.gov.
SOURCE Buckingham Exploration Inc.