CASSAVA RES (00841) has issued an announcement stating that, as of the date of this notice, the audit of the group's financial statements for the year ended March 31, 2026, has not yet been completed.
This delay is due to the appointment of a new auditor, which was only approved by shareholders at the company's extraordinary general meeting held on June 1, 2026.
The auditor has not identified any significant unresolved audit issues during the process.
However, the auditor requires additional time to complete the necessary substantive audit procedures and to obtain sufficient appropriate audit evidence in accordance with applicable auditing standards.
The board of directors will continue to make every effort to assist the auditor in finalizing the audit.
It is preliminarily expected that the annual results announcement will be released on or before July 14, 2026, and the annual report for the year ended March 31, 2026, will be dispatched to shareholders within four months after the end of the financial year, which is on or before July 31, 2026.