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Alchemy Resources Limited Releases Corporate Governance Statement

Story Highlights
  • Alchemy Resources Limited adheres to ASX governance recommendations without separate committees.
  • The company lacks measurable gender diversity goals, citing its small size.
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Alchemy Resources Limited Releases Corporate Governance Statement

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Alchemy Resources Limited ( (AU:ALY) ) just unveiled an announcement.

Alchemy Resources Limited has released its Corporate Governance Statement, detailing its adherence to the ASX Corporate Governance Council’s recommendations. The company has chosen not to establish separate Nomination or Remuneration Committees due to its current size and operational scale, opting instead for the full Board to handle these responsibilities. This decision reflects the company’s strategic allocation of resources and confidence in the current Board’s capabilities. Additionally, while the company has a Diversity Policy, it has not set measurable objectives for gender diversity, citing its small size as a reason. The statement provides insights into the company’s governance practices, which are available on its website.

More about Alchemy Resources Limited

Alchemy Resources Limited operates in the resources sector, focusing on exploration and development of mineral resources. The company is engaged in identifying and developing mineral deposits, primarily targeting gold and base metals, to enhance its market position in the mining industry.

Current Market Cap: A$8.25M

For detailed information about ALY stock, go to TipRanks’ Stock Analysis page.

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