Industrial Minerals Limited Adopts Streamlined Corporate Governance Approach

Industrial Minerals Limited ( (AU:IND) ) has provided an update.

Industrial Minerals Limited has issued a Corporate Governance Statement detailing its adherence to the ASX Corporate Governance Council’s principles. The company has adopted a Corporate Governance Plan, which outlines the roles and responsibilities of its Board, Chair, and management. Due to its current size and operations, the Board has decided against forming individual committees, opting instead to handle these responsibilities collectively. This approach reflects the Board’s confidence in its existing skill set and experience, suggesting efficient resource utilization and streamlined governance processes.

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