Global Lithium has adopted the appropriate systems of control and accountability as the basis for the administration of corporate governance. The Board is committed to administering the policies and procedures with openness and integrity, pursuing the true spirit of corporate governance commensurate with the company’s needs.
To the extent applicable, we have adopted the Corporate Governance Principles and Recommendations (4th Edition) as published by ASX Corporate Governance Council.
We have deemed the current Board to be a suitable way of directing and managing the Company. However, as our activities develop in size, nature and scope, the size of the Board and the implementation of additional corporate governance policies, procedures and structures will be reviewed and revised accordingly.