June 24, 2025
Edufocal Limited (LEARN) has advised that effective June 16, 2025, Signature Creed & Associates will no longer serve as its Fractional CFO. This follows the formal termination of their engagement dated May 16, 2025. As a result, the Company will no longer maintain a standalone Chief Financial Officer (CFO) role. Instead, a revised financial oversight structure will be implemented, led by a Financial Controller reporting directly to the Chief Executive Officer. The Company has further advised that Mr. Lloyd Swaby has tendered his resignation as Director of LEARN, effective June 19, 2025.
LEARN has advised that these changes are not related to any disagreement concerning accounting principles or practices, financial statement disclosures, access to financial information, director or officer remuneration, or any aspect of the Company’s governance or financial reporting framework. There are also no differences regarding the Company’s strategic direction.
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