Nagambie Resources Releases Corporate Governance Statement for 12-Month Period Ending 30 June 2026

Manish Choudhary

02 November 2026 04:43 PM AEDT

Nagambie Resources Releases Corporate Governance Statement for 12-Month Period Ending 30 June 2026

Image Source: Krish Capital Pty Ltd

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Nagambie Resources Limited (ASX:NAG) has released its Corporate Governance Statement 2026, covering the 12-month period ending 30 June 2026 and current as at 2 November 2026, disclosing the company's adoption of the ASX Corporate Governance Council's Corporate Governance Principles and Recommendations: 4th Edition on an exception basis.

Key Points

Corporate Governance Statement covers the 12-month period ending 30 June 2026, current as at 2 November 2026
The company has not adopted a separate Board Charter due to the small size of the Board and current level of operations
The company has not adopted a formal diversity policy and has not set measurable objectives for achieving gender diversity
Women represent 16% of the whole organisation, with no women in senior executive positions or on the board
Ms Meghan Dennehy of GrilloHiggins Lawyers serves as company secretary under an engagement agreement with the firm

Board Structure and Governance Framework

According to the filing, the Board of Directors is responsible for the corporate governance of Nagambie Resources Limited and guides and monitors the business and affairs of the company on behalf of shareholders. The Board's responsibilities include development of strategy, approving operating budgets and major capital expenditure, appointing a CEO and other senior executives, oversight of management, risk management and compliance systems, and monitoring performance. The Board has delegated authority and responsibility for implementing the company's strategic direction and overseeing everyday affairs to senior management. The company has established an Audit and Compliance Committee and has not adopted a separate Board Charter due to the small size of the Board.

Company Secretary and Senior Executive Arrangements

The filing states that the company has an engagement agreement with GrilloHiggins Lawyers, described as a law firm specialising in mergers and acquisitions and equity capital markets, for the provision of company secretary services. Ms Meghan Dennehy, a lawyer of GrilloHiggins Lawyers, carries out these services and serves as company secretary on behalf of the law firm. Non-Executive Directors have not been appointed for fixed terms, and each new Non-Executive Director receives a letter formalising their appointment and outlining the material terms. Senior Executives generally have written employment agreements with the company setting out their duties, obligations and remuneration.

Diversity Disclosure and Workforce Composition

The company disclosed that it has not adopted a formal diversity policy and has not set measurable objectives for achieving gender diversity. The Board stated it is of the view that the size of the company and the scale and nature of its operations does not currently lend itself to an effective and meaningful application of such a policy, though the Board intends to reconsider adoption of a formal diversity policy periodically. According to the filing, women represent 16% of the whole organisation with five men representing 84%. No women hold senior executive positions, while two men represent 100% of senior executive positions. The board comprises three men and no women.

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