Corporate Governance

The Board and senior management of Northern Gold believe that good corporate governance practices are central to the effective and efficient operation of the Corporation, and accordingly has implemented the corporate governance practices recommended by National Policy 58-201 - Corporate Governance Guidelines (the "Guidelines") wherever possible. In July 2011, the board of directors formed a Special Committee to conduct a full audit and review of the corporate governance practices, policies and procedures of the Corporation to ensure that the highest standards of governance are in place and are strictly adhered to. For more information on the corporate governance practices of the Company, please refer to the Northern Gold Mining Management Information Circular dated August 8, 2014