Company: BRGC
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001683168-25-001574
Chunk: 0

Company: North America Lithium & Gold Corp
Filing Date: 2025-03-13
Form: 10-K
Item: Item 9
Chunk 0
---
Internal Control— Integrated
Framework

issued by the Committee of Sponsoring Organizations of the Treadway Commission. A material weakness is a deficiency, or
a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material
misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis. Based on management's
assessment, including consideration of the control deficiencies discussed below, management has concluded that the Company's internal
control over financial reporting was not effective as of December 31, 2004, because there was a material weakness in its internal control
over financial reporting. Specifically, through the investigation discussed above, management identified a lack of segregation of duties
as well as errors in financial statement presentation and disclosure.

  11  

Lack of Segregation of Duties