Business Context and Reporting Period
This Form 8-K is a current report filed by Solitario Resources Corp. (NYSE American: XPL) on June 3, 2026. The filing addresses a change in the company's independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and auditor changes rather than financial performance data.
Material Changes
- Accountant Resignation: On June 2, 2026, Assure CPA, LLC resigned as the company's independent registered public accounting firm. This resignation resulted from Assure's merger into Sadler, Gibb & Associates ("Sadler") pursuant to an asset purchase agreement, causing Assure to cease operations as a public accounting firm.
- New Appointment: On June 3, 2026, the Audit Committee approved the appointment of Sadler as the new independent registered public accounting firm.
- Audit History: The audit reports issued by Assure for the fiscal years ended December 31, 2025, and 2024, were unqualified and did not contain adverse opinions, disclaimers, or modifications regarding uncertainty, scope, or accounting principles.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future business performance. Regarding risks and contingencies:
- No Disagreements: There were no disagreements between Solitario and Assure during the two most recent fiscal years or the subsequent interim period regarding accounting principles, financial statement disclosures, or auditing scope.
- No Reportable Events: No "reportable events" as defined by Regulation S-K occurred during the relevant periods.
- No Prior Consultations: Solitario did not consult with Sadler regarding accounting principles or audit opinions prior to their appointment.
Investor Verification Checklist
- Verify the transition timeline between Assure CPA, LLC and Sadler, Gibb & Associates to ensure no gap in audit coverage.
- Review the attached Exhibit 16.1 (Letter from Assure CPA, LLC) to confirm the former auditor agrees with the company's statements regarding the change.
- Monitor future filings (10-K or 10-Q) for the first financial statements audited by Sadler to assess any changes in audit scope or opinion.