Corporate Governance

Corporate governance is the set of processes, customs, policies, laws and
institutions affecting the way a corporation is directed, administered or controlled.
Corporate governance also includes the relationships among the many
stakeholders involved and the goals for which the corporation is governed. The
principal stakeholders are the shareholders, management and the board of
directors. Other stakeholders include employees, suppliers, customers, banks
and other lenders, regulators, the environment and the community at large.
(source: Wikipedia)

Black Pearl Minerals believes that using corporate governance in an efficient and
effective manner enhances shareholder value. By creating practices that promote
the welfare of the Company, not only is it furthering the Company’s successes
but as well adheres to the suggested regulations for corporate governance set
out by the Canadian Securities Administrators and Toronto Stock Exchange. To
ensure that the Company complies with the required regulations, Black Pearl
reviews its corporate governance on a regular basis.