Modern Slavery Act




This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and sets out the approach which Panther Metals plc and its affiliates (together “Panther Group”) have taken to understand all potential modern slavery risks related to their business and the actions undertaken to mitigate any such risks during the financial year ended 31 December 2019.

Panther Group’s area of business is gold and precious metal exploration which takes place in the Canada and Australia. Panther Group does not currently operate any production assets in Canada and Australia and is merely involved in early stage exploration operations.

Panther Group’s direct supply chain is not extensive in nature and primarily consists of companies providing engineering and technical studies. In order to meet its business requirements Panther Group strives to ensure that only high quality suppliers are utilised. Accordingly, Panther Group employs a stringent selection and risk assessment process whereby suppliers are only appointed who fully comply with Panther Group’s corporate and ethical standards.

Due to the nature of Panther Group’s business activities and its approach to governance, we have assessed that there is very low risk of slavery and human trafficking in Panther Group’s business and direct supply chain. Panther Group aims to periodically review the effectiveness of the relevant policies and procedures that are in place. Panther Group does not have key performance indicators in relation to slavery or human trafficking as any instance would be a breach of law and/or Panther Group’s company policies.

The Board of Directors is committed to delivering high standards of corporate governance and a key element of this is to manage Panther Group in a socially responsible way. Panther Group aims to employ the highest ethical and professional standards and always to comply with all laws and regulations applicable to its business. It follows that Panther Group is committed to preventing slavery and human trafficking in its corporate activities and its supply chain. This commitment is set out in Panther Group’s company policies which must be adhered to by all employees, agents and consultants.

This statement is approved by the Board of Directors and signed on its behalf by:


Darren Hazelwood

Chief Executive Officer

6 January 2020