Governance
Corporate Responsibility
We believe that corporate governance – how the board of directors oversees and governs our company – is essential to enhancing shareholder value.
Charters
Position Descriptions
Board Mandate
The board of directors is committed to maintaining a high standard of governance. The Board has responsibility for the overall stewardship of Condor Energies and its controlled entities and discharges its responsibility by reviewing, discussing and approving Condor’s strategic planning and organizational structure, and supervising management, including retention of the Manager, with a view to preserving and enhancing the underlying value of the Company.
Policies are in place to ensure that:
- Condor has consistent standards and procedures for communication of both material and non-material information;
- Communication of material information to the investing public (whether positive or negative) is timely, factual and accurate, and is broadly disseminated in a non-selective manner in accordance with all applicable legal and regulatory guidelines; and
- The directors and officers of Condor Energies and the employees of the Manager have been given guidelines regarding trading in securities of Condor, including mandatory blackout periods.
Governance and Ethics
Our Board establishes the company’s governance principles and practices and reviews corporate policies, including our Code of Conduct and Conflict of Interest Policy. Condor employees and consultants are required to adhere to Condor’s Code of Conduct and are expected to conduct business with integrity and high ethical standards. The Board monitors the performance of the Manager on an ongoing basis.
