XLG has adopted systems of control and accountability as the basis for the administration and compliance of effective and practical corporate governance. These systems are reviewed regularly and revised if appropriate.
The Board is committed to administering the Company’s policies and procedures with transparency and integrity, pursuing the genuine spirit of good corporate governance practice. As the Company’s activities transform in size, nature and scope, additional corporate governance structures will be considered by the Board and assessed as to their relevance. As XLG prepares for an IPO, it will adopt the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations, 4th Edition.
The Board’s Vison, Purpose & Values Statement includes:
Vision
To produce the minerals needed for the world we all envision
Purpose
To explore and mine responsibly to benefit our stakeholders and contribute to a more sustainable world
Values
We value: Responsibility; Teamwork; Respect; Integrity; Growth