XPL SOLITARIO RESOURCES CORP.

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Executive Summary

Solitario Resources filed an 8-K reporting that its independent auditor, Assure CPA, LLC, merged into Sadler, Gibb & Associates and resigned. The Audit Committee appointed Sadler as the new auditor on June 3, 2026. The filing states there were no disagreements or reportable events with the former auditor, and prior audit reports were unqualified. This is a routine auditor change driven by the merger of the prior firm, not a red-flag resignation.

Actionable Insight

Key Facts

• Assure CPA, LLC merged into Sadler, Gibb & Associates and resigned as auditor on June 2, 2026.
• Audit Committee appointed Sadler as new independent registered public accounting firm on June 3, 2026.
• No disagreements between Solitario and Assure on accounting principles or audit scope during fiscal years 2024 and 2025.
• No reportable events (as defined by Item 304(a)(1)(v)) occurred during the relevant periods.
• Audit reports for fiscal years 2024 and 2025 were unqualified with no adverse opinion or modification.
• Solitario did not consult Sadler on any accounting or auditing matters prior to appointment.

Financial Impact

No financial impact — auditor change is administrative and driven by a merger of the prior firm.

Risk Factors

• Although the change appears clean, any future auditor-client disagreements or material weakness disclosures would be a negative signal.

Market Snapshot

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

US Market Status