Transcription of CANACOL ENERGY LTD.
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CANACOL ENERGY FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2017 Management s ReportManagement is responsible for the accuracy, integrity and objectivity of the consolidated financial statements of CanacolEnergy Ltd. (the Corporation ) within reasonable limits of materiality. The accompanying consolidated financialstatements have been prepared by management in accordance with International Financial Reporting Standards and, whereappropriate, reflect management s best estimates and judgements. The accompanying consolidated financial statementshave been prepared using policies and procedures established by management and fairly reflect the Corporation s financialposition, financial performance and cash flows, in accordance with International Financial Reporting has established and maintains a system of internal controls that is designed to provide reasonable assurancethat assets are safeguarded from loss or unauthorized use and the financial information is reliable and Corporation s external auditors, Deloitte LLP, have audited the consolidated financial statements.
Canacol Energy Ltd. March 26, 2018 Page 2 Opinion In our opinion, the consolidated financial statements present fairly, in all material respects, the
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