Business Context and Reporting Period
Company: Dakota Gold Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: November 18, 2025
Reporting Period: Immediate event reporting regarding auditor changes.
Context: The Company is an emerging growth company incorporated in Delaware, with principal executive offices in Lead, South Dakota. It trades on the NYSE American LLC under the symbols DC (Common Stock) and DC.WS (Warrants).
Key Financial Metrics
This filing does not contain financial performance data. The document is a current report regarding a change in the independent registered public accounting firm. Consequently, no values are provided for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes Versus Prior Period
- Accountant Change: Effective November 18, 2025, the Audit Committee appointed Deloitte & Touche LLP as the new independent registered public accounting firm for the fiscal year ending December 31, 2025.
- Dismissal: Ernst & Young LLP (EY) was dismissed as the independent registered public accounting firm effective immediately.
- Audit History: EY's reports for fiscal years ended December 31, 2024, and 2023 contained no adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: There were no disagreements between the Company and EY on accounting principles, practices, or auditing scope during the 2023 and 2024 fiscal years or the interim period through November 18, 2025.
Guidance, Outlook, and Risks
Management Commentary: The change in auditors resulted from a competitive selection process conducted by the Audit Committee. The Company confirmed that no consultations occurred with Deloitte regarding accounting principles or audit opinions during the two most recent fiscal years or the subsequent interim period prior to the appointment.
Risks and Contingencies: The filing does not disclose new material risks or contingencies beyond the standard disclosure of the auditor transition. The Company has requested a letter from EY confirming agreement with the statements made in this report, which is filed as Exhibit 16.1.
Investor Verification Checklist
- Verify the content of the letter from Ernst & Young LLP (Exhibit 16.1) to confirm no undisclosed disagreements exist.
- Monitor future filings (10-K or 10-Q) for the first financial statements audited by Deloitte & Touche LLP.
- Confirm the effective date of the transition to ensure no gap in audit coverage for the fiscal year ending December 31, 2025.
- Review the competitive selection process rationale if further details are provided in subsequent investor communications.