Business Context and Reporting Period
This Form 6-K filing by MFC Industrial Ltd. (noted in metadata as Scully Royalty Ltd.) covers the month of September 2013. The document serves as a formal Notice of Change of Auditor filed pursuant to National Instrument 51-102.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly a regulatory notice regarding auditor changes and contains no financial statements or performance data.
Material Changes
The primary material change disclosed is the replacement of the company's independent auditor:
- Former Auditor: Deloitte LLP resigned effective September 23, 2013, at the request of the Company.
- Successor Auditor: PricewaterhouseCoopers LLP (PwC) was appointed to replace Deloitte.
- Approval: The resignation and appointment were approved by the Company's audit committee and Board of Directors.
Management Commentary and Risks
Management and the former auditor provided the following confirmations regarding the transition:
- There were no reservations in the Former Auditors' report on financial statements for the most recently completed financial year or the period ending on the resignation date.
- There were no reportable events, disagreements, unresolved issues, or consultations regarding the audits of the two most recently completed financial years or any subsequent period to date.
- Both Deloitte LLP and PwC LLP confirmed in writing that they agree with the statements made by the Company in the change of auditor notice.
Investor Verification Checklist
- Verify the effective date of the auditor resignation (September 23, 2013).
- Confirm the identity of the new auditor (PricewaterhouseCoopers LLP).
- Review the absence of any reported disagreements or reportable events between the company and the former auditor.
- Note that this filing contains no financial performance data; refer to the most recent Form 20-F for financial metrics.