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Corporate Governance
Coro recognizes the importance of good corporate governance in today's business environment and its goal is to develop a culture within our organization that supports this.
Consistent with National Policy 58-201, in Canada, the Board has:
(i) A majority of Independent Directors (4 of 7);
(ii) An Independent Director as the Chairman of the Board;
(iii) A written mandate which outlines the specific responsibilities for stewardship of the Company, and;
(iv) Adopted a written mandate for each of its Committees; Audit, Compensation and Corporate Governance.
The Company has also adopted the recommendations of Multilateral Instrument 52-110 for Audit Committees and as part of these recommendations has established a whistle-blower policy.
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