UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER TO RULE 13a or 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of: April 2022 File No.: 001-31891
TransGlobe Energy Corporation
(Translation of Registrant’s Name into English)
#900, 444 - 5th Avenue S.W., Calgary, AB T2P 2T8
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ ] Form 40-F [ X ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
[ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
[ ]
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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TransGlobe Energy Corporation |
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(Registrant) |
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Date: April 13, 2022 |
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By: /s/ Edward Ok/ |
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Edward Ok |
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Chief Financial Officer |
EXHIBIT INDEX
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Exhibit Number |
Description |
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1 |
Change of Auditor Notice |
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2 |
Letter to Canadian Securities Regulators from Former Auditor |
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3 |
Letter to Canadian Securities Regulators from Successor Auditor |
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4 |
News Release: TRANSGLOBE ENERGY CORPORATION ANNOUNCES A CHANGE IN AUDITOR |
Change of Auditor Notice
TransGlobe Energy Corporation (“TransGlobe” or the “Company”) hereby gives notice, pursuant to Section 4.11 of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”), as follows:
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1. |
TransGlobe currently engages BDO Canada LLP (“BDO”) as its auditor. At the request of the Company, BDO resigned as auditor of the Company effective as of April 8, 2022 (the "Date of Resignation"). |
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2. |
Deloitte LLP ("Deloitte") was appointed as auditor of the Company effective April 8, 2022, to fill the vacancy created by BDO’s resignation as the Company’s auditor from the Date of Resignation until the next annual meeting of shareholders of the Company. |
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3. |
The resignation of BDO and the appointment of Deloitte was considered and approved by the Audit Committee and the Board of Directors of the Company. |
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4. |
There were no modifications of opinion by BDO in BDO’s reports on the Company’s financial statements for the two most recently completed fiscal years ended December 31, 2021 and 2020. |
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There have been no reportable events, including disagreements, consultations or unresolved issues, as defined in Section 4.11 of NI 51-102, in connection with the audits of the two most recent fiscal years and with any subsequent period to the Date of Resignation. |
DATED effective this 8th day of April 2022.
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Tel: 403 266 5608
Fax: 403 233 7833
www.bdo.ca |
BDO Canada LLP
903 – 8th Avenue SW, Suite 620
Calgary AB T2P 0P7
Canada |
April 8, 2022
British Columbia Securities Commission
Alberta Securities Commission
Financial and Consumer Affairs Authority of Saskatchewan
The Manitoba Securities Commission
Ontario Securities Commission
Autorité des marchés financiers
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 Service Newfoundland and Labrador
Dear Sirs/Mesdames:
Re: TransGlobe Energy Corporation
Notice of Change of Auditor Dated April 8, 2022
Pursuant to National Instrument 51-102 (Section 4.11), we confirm that we have read the Notice of Change of Auditor dated April 8, 2022 (the ‘Notice’). We confirm our agreement with the statements made in the Notice pertaining to our firm.
Yours very truly,
Chartered Professional Accountants
BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the International BDO network of independent member firms.
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Deloitte LLP
700, 850 2 Street SW
Calgary, AB T2P 0R8
Canada
Tel: 403-267-1700
Fax: 587-774-5379
www.deloitte.ca
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April 8, 2022
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To: |
British Columbia Securities Commission
Alberta Securities Commission
Financial and Consumer Affairs Authority of Saskatchewan
Manitoba Securities Commission |
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Ontario Securities Commission
Autorité des marchés financiers
Nova Scotia Securities Commission
Financial and Consumer Services Commission (New Brunswick)
Superintendent of Securities, Department of Justice and Public Safety, Prince Edward Island
Securities Commission of Newfoundland and Labrador
Dear Sirs/Mesdames:
Re: TransGlobe Energy Corporation (the “Company”) Notice of Change of Auditor pursuant to National instrument 51-102 (“NI 51-102”)
We have reviewed the Notice of Change of Auditors of the Company dated April 8, 2022 (the “Notice”) delivered to us by the Company in respect of its change of auditors.
Pursuant to subparagraph (6)(a)(ii) of section 4.11 of NI 51-102, we have reviewed the Notice and, based on our knowledge of such information at this time, we have no basis to agree or disagree with statements (1) through (5) contained in the notice.
Yours very truly,
/s/ Deloitte LLP
Chartered Professional Accountants
TRANSGLOBE ENERGY CORPORATION ANNOUNCES A CHANGE IN AUDITOR
AIM & TSX: “TGL” & NASDAQ: “TGA”
Calgary, Alberta, April 13, 2022 - TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces that the Company has changed its auditor from BDO Canada LLP (“BDO” or “Former Auditor”) to Deloitte LLP ("Deloitte" or “Successor Auditor”) effective as of April 8, 2022.
At the request of the Company, BDO resigned as auditor of the Company effective as of April 8, 2022 (the "Date of Resignation"). Deloitte was appointed as auditor of the Company effective April 8, 2022, to fill the vacancy from the Date of Resignation until the next annual meeting of shareholders of the Company.
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There were no modifications of opinion by BDO in BDO’s reports on the Company’s financial statements for the two most recently completed fiscal years ended December 31, 2020 and 2021. |
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There have been no reportable events, including disagreements, consultations or unresolved issues, as defined in Section 4.11 of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”), in connection with the audits of the two most recent fiscal years and with any subsequent period to the Date of Resignation. |
In accordance with NI 51-102, the Notice of Change of Auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Board of Directors of the Company and filed on SEDAR.
About TransGlobe
TransGlobe Energy Corporation is a cashflow focused oil and gas exploration and development company whose current activities are concentrated in the Arab Republic of Egypt and Canada. TransGlobe’s common shares trade on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.
For further information, please contact:
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TransGlobe Energy Corporation
Randy Neely, President and CEO
Eddie Ok, CFO |
+1 403 264 9888
investor.relations@trans-globe.com
http://www.trans-globe.com
or via Tailwind Associates |
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Tailwind Associates (Investor Relations)
Darren Engels |
+1 403 618 8035
darren@tailwindassociates.ca
http://www.tailwindassociates.ca |
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Canaccord Genuity (Nomad & Joint-Broker)
Henry Fitzgerald-O’Connor
James Asensio |
+44(0) 20 7523 8000 |
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Shore Capital (Joint Broker)
Toby Gibbs
John More |
+44(0) 20 7408 4090 |