Kent Exploration Inc.

Kent Exploration Inc.

February 12, 2010 17:45 ET

Kent Exploration Inc. Announces Change of Auditor, Exercise of Warrants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 12, 2010) - Kent Exploration Inc. ("Kent" or the "Company") (TSX VENTURE:KEX) announces that Dale Matheson Carr-Hilton Labonte, Chartered Accountants (the "Former Auditor") of the Company have resigned, at the request of the Company, as auditor of the Company, effective February 9, 2010 and the board of directors has appointed Charlton & Company, Chartered Accountants (the "Successor Auditor") of Vancouver, British Columbia as auditor for the Company.

There were no reservations in the Former Auditor's reports for the two most recently-completed fiscal years or for any period subsequent to the most recently-completed period for which an audit report was issued and preceding the date of the Former Auditor's resignation. There are no reportable events between the Company and the Former Auditor. The resignation of the Former Auditor as auditor of the Company has been approved by the Company's audit committee and its board of directors. This notice of Change of Auditor, together with the letter from the Former Auditor and the letter from the Successor Auditor, have been reviewed by the Company's audit committee and its board of directors.

To date, the Company has received $561,822.81 in funds from the exercise of warrants, $263,072.81 from $0.11 warrants and $298,750 from $0.15 warrants. The Company advises that the $0.11 cent warrants expire February 20, 2011 and any warrants unexercised at the close of business that day will be cancelled. With the exercise of the warrants, the Company now has 36,954,187 common shares issued and outstanding.


Graeme O'Neill, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Kent Exploration Inc.
    Graham O'Neill
    604-684-3394 or Toll free: 1-866-399-6539
    1-888-282-7763 (FAX)