In recognising the need for the highest standards of corporate behaviour and accountability, the Board supports and has adhered to the principles of sound corporate governance. The Board recognises the recommendations of the Australian Securities Exchange Corporate Governance Council and has adopted the third edition of the Corporate Governance Principles and Recommendations. The Board considers that Valor Resources Limited is in compliance with these guidelines to the extent possible given the size and nature of its operations. The Board is guided by the principles and practices that are in stakeholders’ best interests while ensuring full compliance with legal requirements.
In pursuing its commitment to best practice governance standards, the Board will continue to:
- Review and improve its governance practices; and
- Monitor global developments in best practice corporate governance.
The consolidated entity’s Corporate Governance Plan for the financial year ending 30 June 2019 was approved by the Board on 24 September 2019. You can download our full corporate governance plan below.