Corporate Governance
Paynes Find Gold Limited (ACN 141 450 624) (the "Company")
The Company has several corporate governance practices in place that are formally embodied in corporate governance policies and codes adopted by the Board ("Policies").
The aim of the Policies is to ensure that the Company is effectively directed and managed, that risks are identified, monitored and assessed and that appropriate disclosures are made.
In preparing the Policies, the Directors considered the ASX Principles of Corporate Governance and Best Practice Recommendations ("Recommendations"). The Directors incorporated the Recommendations into the Policies to the extent that the Recommendations were appropriate, taking into account the Company's size, the structure of the Board, its resources and its proposed activities.
The Board has adopted the following Policies:
- Board Charter Read more...
- Selection and Appointment of Directors Read more...
- Code of Conduct Read more...
- Security Dealing Policy Read more...
- Audit and Risk Committee Charter Read more...
- Continuous Disclosure Policy Read more...
- Shareholder Communications Strategy Read more...
- Risk Management Policy Read more...
- Nomination and Remuneration Committee Charter Read more...
In accordance with ASX Listing Rule 4.10.3, the corporate governance statement included in the Company's annual report discloses the extent to which the Company has followed the CGC Recommendations by detailing the Recommendations that have not been adopted by the Company and the reasons why they have not been adopted. The corporate governance practices disclosed by Paynes Find Gold Limited in the corporate governance statement are in place throughout the reporting year.
As the Company and its activities grow, the Board will consider the implementation of additional corporate governance structures and committees.