Adavale Resources Limited (AU:ADD) has released an update.
Adavale Resources Limited has followed the majority of the ASX Corporate Governance Council’s recommendations, including adopting a Corporate Governance Plan and maintaining transparency in board and management roles. While the company has yet to implement a formal diversity policy or performance evaluations, it cites its small size and the nature of its business as reasons for the delay, with plans to consider these aspects in the future when the company grows.
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