Unless disclosed below, all the best practice recommendations of the ASX Corporate Governance Council have been applied. King Island Scheelite Limited ABN 40 004 681 734 (Company) is a small company with limited operations. Accordingly, the Board considers that many of the corporate governance guidelines intended to apply to larger companies are not practical for the Company.
Where reported that the Company has not complied with the ASX Corporate Governance Council Principles and Recommendations, these were not followed and alternative practices were adopted.
The Corporate Governance Statement is dated 21 August 2020 and was approved on 21 August 2020 by the Company’s Directors.