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CGN Resources Ltd. Releases Corporate Governance Statement

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CGN Resources Ltd. Releases Corporate Governance Statement

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An announcement from CGN Resources Ltd. ( (AU:CGR) ) is now available.

CGN Resources Ltd. has released its Corporate Governance Statement, outlining its compliance with the ASX Corporate Governance Council’s Principles and Recommendations. The company adheres to most of the guidelines, including clear roles for board and management, director appointment processes, and accountability of the company secretary. However, it does not comply with the recommendation to set measurable objectives for gender diversity, citing its small size as a reason for not establishing formal diversity goals. This decision might impact stakeholders’ perception of the company’s commitment to diversity.

More about CGN Resources Ltd.

CGN Resources Ltd. operates in the resources industry, focusing on ethical business practices and high standards of corporate governance. The company is committed to adhering to the ASX Corporate Governance Council’s Principles and Recommendations.

Average Trading Volume: 373,065

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$6.72M

See more insights into CGR stock on TipRanks’ Stock Analysis page.

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