Board of Directors
The Board of Directors (the "Board") is presently comprised of four directors.
The Board as a whole is responsible for supervising management of the business and affairs of the Corporation and facilitates its exercise of independent supervision over management by ensuring that independent Directors are involved in supervision of management. The Chairman directs the agenda of the Board. Pursuant to the Business Corporations Act (Alberta), directors must declare any interest in a material transaction or proposed material transaction. The Chairman may determine that conflicted directors shall be excluded from any meeting held to consider such a transaction. Further, although there are no regularly scheduled meetings of independent members of the Board, the independent members of the Board and committees thereof either meet or have discussions independent of Management members when warranted. Since the beginning of the most recently completed financial year, the independent Directors did not hold formal meetings at which non-independent Directors and Management were not in attendance. Directors speak informally to each other frequently, but such discussions are not recorded by the Corporation.
For more information see our Management & Board page