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Composition of the
Board
The directors of the Company have determined that six of
the seven nominees for election at the Meeting are
independent within the meaning of NI 52-110. Alan De’ath
is non-independent by virtue of his being a member of
management.
In an effort to properly orient new directors to the
Company, each new director is provided with a copy of
the Company’s various committee mandates, the Company’s
Disclosure Policy, the Insider Trading Policy and the
Code. The Board further considers what additional
orientation or education is appropriate for new
directors as and when they are elected or appointed.
During 2006 the Company implemented formal assessments
for the Board, its committees and the individual
directors with respect to their effectiveness and
contributions. These assessments aid in determining what
additional areas for continuing education are required.
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