Breakthrough Minerals Limited (BTM) has strengthened its corporate governance framework, including whistleblower and anti-bribery policies, and disclosed its values and code of conduct.
Material actions and disclosures
BTM has a Board-approved Whistleblower Protection Policy to ensure concerns regarding unacceptable conduct, including breaches of the Company’s Code of Conduct, can be raised on a confidential basis without fear of reprisal, dismissal, or discriminatory treatment. The policy is available on the Company’s website at https://breakthroughminerals.com.au/our-company/#corporate-governance.
BTM also has a Board-approved Anti-Bribery and Corruption Policy, which confirms the Company’s position that giving bribes and other improper payments of benefits to public officials is a serious offence and can damage an entity’s reputation and standing in the community. The Board is informed of any incidents reported under the Anti-Bribery and Corruption Policy.
The Company’s Code of Conduct, available on the website, sets out BTM’s policies on ethical conduct, business conduct, compliance, privacy, security of information, integrity, and conflicts of interest. All employees, directors, and officers are required to observe high standards of behaviour and business ethics in conducting business on behalf of the Company.
BTM’s values include prioritizing safety, acting with integrity, respecting the environment, valuing diversity, and demonstrating commitment. These values are consistent with the BTM’s Code of Conduct and are available on the Company’s website.
The Company also provides sufficient information to shareholders to enable them to make informed decisions on the election or re-election of directors, including biographies summarizing their relevant qualifications, experience, and skills.
BTM’s website, https://breakthroughminerals.com.au/our-company/#corporate-governance, contains all relevant corporate governance policies, including the Continuous Disclosure and Communications Policy, which supports the Company’s commitment to effective communication with shareholders and encourages participation at general meetings.
The Board acknowledges the benefits of evaluating its performance on an individual and collective basis and has implemented a formal process for self and peer evaluation, although it has not been deemed necessary to institute a formal documented performance review program of individuals at this stage of the Company’s development.