Auditor warning from the financial statement on SEDAR From the Auditor:
Emphasis of Matter Without qualifying our opinion, we draw attention to Note 1 in the consolidated financial statements which indicates that the Company incurred a net loss of $190.3 million during the year ended December 31, 2015 and as at December 31, 2015 has a working capital deficiency of $13.8 million. These conditions, along with other matters as set forth in Note 1, indicate the existence of a material uncertainty that may cast significant doubt about the Company's ability to continue as a going
March 24, 2016 08:00 ET
Timmins Gold Issues Statement Required by NYSE MKT Section 610(b)
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 24, 2016) - Timmins Gold Corp. (TSX:TMM)(NYSE MKT:TGD) ("Timmins Gold" or the "Company") announced, pursuant to disclosure requirements of NYSE MKT Company Guide Section 610(b), that its audited consolidated financial statements for the year ended December 31, 2015, which was filed with the Securities and Exchange Commission on March 16, 2016, contained an audit opinion from its independent registered public accounting firm that includes an explanatory paragraph related to the Company's ability to continue as a going concern.