Powder Mountain follows corporate governance policies that are designed to ensure stakeholders' interests are addressed through structural simplicity, transparency and aligned interests. Powder Mountain strives to maintain corporate governance that is proactive and evolving as improvements become necessary.
The key elements of corporate governance at Powder Mountain are outlined as follows:
- The Board of Directors includes both management and independent representation.
- The Board have delegated specific areas of the corporate responsibility to the Audit Committee, the Reserves Committee, and the Compensation & Governance Committee.
- There is an internal code of conduct that has been distributed to staff.
- There is a corporate commitment to ensuring the health and safety of all Powder Mountain employees, contractors and the people within the communities where we operate.
- At Powder Mountain there is a strong concern for the environment and a dedication to ensuring that all elements of our activity meet or exceed all appropriate regulations.
- Powder Mountain has an internal disclosure policy that has been distributed to staff.
- Powder Mountain has a Whistleblower policy that enables any person to communicate directly to the Audit Committee if they feel they have witnessed any inappropriate operating, accounting or auditing practices. Any confidential communications in this regards should be addressed as below:
Attn: Powder Mountain Energy Ltd. Audit Committee Member
600 - 6th Avenue
Calgary, Alberta, T2P 0S5