The Board of Directors of Nagambie Resources is responsible for the corporate governance of the Company. The Board guides and monitors the business and affairs of the Company on behalf of the shareholders by whom they are elected and to whom they are accountable.
Nagambie Resources’ corporate governance principles and policies align with those of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations: 4th Edition (the Principles), and are as follows:
1: Lay solid foundations for management and oversight.
2: Structure the board to be effective and add value.
3: Instil a culture of acting lawfully, ethically and responsibly.
4: Safeguard the integrity of corporate reports.
5: Make timely and balanced disclosure.
6: Respect the rights of security holders.
7: Recognise and manage risk.
8: Remunerate fairly and responsibly.
The following policies and statements form the governance framework by which the Board of Directors directs and guides the Company: