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Resignation of Auditor

GSTechnologies Limited (LSE: GST), the fintech company, announces that Elderton Audit Pty Ltd ("Elderton") have resigned as auditors to the Company. In their resignation letter Elderton have stated, inter alia:

"There has been a change in Elderton's strategy after demise of our Managing Director Nicholas Hollens earlier this year, as a result of which, it has been decided that Elderton will only be focusing on local Australian audits."

The Company is in the process of appointing a replacement auditor and a further announcement will be made in due course. Any new auditor appointment will be subject to the approval by shareholders at the next Annual General Meeting of the Company.


The Company

Tone Goh, Executive Chairman

+65 6444 2988

Financial Adviser

VSA Capital Limited

+44 (0)20 3005 5000

Simon Barton / Pascal Wiese



+44 (0)20 7392 1400

Tom Curran / Thomas Smith

Financial PR & Investor Relations

IFC Advisory Limited

Tim Metcalfe / Graham Herring / Florence Chandler

+44 20 (0) 3934 6630

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