Nasdaq · CIK 0001951089
CRML Critical Metals Corp.
D
40 / 100
Material weaknesses
3
Restatements
0
Auditor changes
0
Late filings
0
Quarters with open weakness
1
Remediations
0
Deductions
60
Remediation credit
0
Trailing 24 months from 2024-11-07. Rubric v1. How this is scored.
Disclosures, in the company's words
“In the course of auditing the consolidated financial statements for the year ended June 30, 2026, we and our independent registered public accounting firm identified four material weaknesses in the internal control over financial reporting as of June 30, 2026, in accordance with the standards established by the PCAOB.”
“The Company does not maintain an adequate cybersecurity program to help prevent, detect and respond to risks such as financial loss, or loss of financial data, damage or disruption to operations, susceptibility to a repeated attack, and overall failure of information technology systems.”
“The Company did not design and maintain effective controls, including review by personnel with sufficient IFRS knowledge, to appropriately assess and account for its investment in 60 Degrees North ApS. The deficiency affected the determination of the appropriate joint arrangement classification, the application of the equity method under IAS 28 (including the notional purchase price allocation and allocation of acquisition cost to the underlying identifiable net assets), and the recognition of the Company's share of post-acquisition results.”
“The Company lacks the controls needed for a sufficient review of the completeness and accuracy of the financial statements and financial statement disclosures.”
“We have concluded that there are material weaknesses in our internal control over financial reporting and we cannot assure you that additional material weaknesses will be identified in the future.”
Filings read
- 20-F · 2026-09-25read
- 20-F/A · 2025-10-06queued
- 20-F · 2025-10-06queued
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