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Century Lithium Corp. — Audit Report / Information 2019
Mar 17, 2021
43769_rns_2021-03-17_5e960114-7b5a-41bb-9d77-39a48b3b786b.pdf
Audit Report / Information
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March 17, 2021
British Columbia Securities Commission Alberta Securities Commission Financial and Consumer Affairs Authority of Saskatchewan The Manitoba Securities Commission Ontario Securities Commission Financial and Consumer Services Commission (New Brunswick) Nova Scotia Securities Commission Office of the Superintendent of Securities (Prince Edward Island) Office of the Superintendent of Securities (Newfoundland & Labrador)
Dear Sirs / Mesdames:
Re: Cypress Development Corp.
We refer to the short-form prospectus of Cypress Development Corp. (the "Company") dated March 17, 2021 relating to the sale and issue of 13,600,000 units at $1.25 per unit.
We consent to being named and to the use, through incorporation by reference in the abovementioned short-form prospectus, of our report dated March 24, 2020 to the shareholders of the Company on the following consolidated financial statements:
Consolidated statements of financial position as at December 31, 2019 and 2018;
Consolidated statements of loss and comprehensive loss, cash flows, and changes in equity for the years ended December 31, 2019 and December 31, 2018, and a summary of significant accounting policies and other explanatory information.
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We report that we have read the prospectus and all information therein and have no reason to believe that there are any misrepresentations in the information contained therein that are derived from the consolidated financial statements upon which we have reported or that are within our knowledge as a result of our audit of such consolidated financial statements. We have complied with Canadian generally accepted standards for an auditor's consent to the use of a report of the auditor included in an offering document, which does not constitute an audit or review of the prospectus as these terms are described in the CPA Canada Handbook – Assurance.
Yours very truly,
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DAVIDSON & COMPANY LLP Chartered Professional Accountants