Environmental, Social and Governance
Reveille recognises that responsible resource development is fundamental to long-term value creation.
ESG Overview
Embedding responsible environmental, social and governance principles across exploration, evaluation and project development
The Company operates in a manner that seeks to protect the environment, support local communities and maintain high standards of governance across all its activities.
Environmental, Social and Governance (ESG) considerations are embedded within the Company’s strategy, project evaluation processes and ongoing operational planning, and are reviewed throughout the lifecycle of its projects, from initial exploration through to potential development.
Environmental Responsibility
Reveille’s approach to environmental management is embedded from the earliest stages of project evaluation and development. The Company’s strategy of targeting historically explored assets enables a more informed and targeted approach to exploration, with the potential to reduce incremental environmental disturbance by leveraging existing geological data and, where applicable, previously impacted areas.
At the Lombardy Project, environmental considerations are being progressed through the Environmental Impact Assessment (“EIA”) process, which forms a central component of the permitting framework. The granting of exploration licences is subject to the approval of the final EIA.
As part of this process, baseline environmental studies, environmental sampling and data collection are being undertaken, alongside ongoing engagement with relevant regulatory authorities. This work supports the identification, assessment and, where necessary, mitigation of potential environmental impacts prior to any development activity.
The Company seeks to minimise its environmental footprint through responsible land use, water management and the protection of biodiversity, in line with applicable legislation and recognised industry practices. Environmental considerations continue to inform operational planning and decision-making as projects advance.
Governance
The Directors recognise the importance of sound corporate governance and are committed to conducting the Company’s business in an open, honest and ethical manner.
Accordingly, on Admission the Company will comply with the QCA Corporate Governance Code published by the Quoted Companies Alliance in 2023 (the “QCA Code“). The Directors intend to develop and maintain policies and procedures that reflect the principles of the QCA Code, having regard to the size, stage of development and nature of the Company’s activities.
Reflecting the Company’s commitment to good corporate governance standards, the Board commits to appoint a second independent non-executive director, to be based in the UK, no later than the sooner of the end of the Company’s current financial year (February 2027) or the Company’s first post-Admission capital raise.
Our approach
Responsible exploration grounded in long-term stewardship
Reveille’s strategy of targeting historically explored and underdeveloped assets is aligned with a more considered model of resource development.
By building on existing geological understanding and prior exploration work, the Company seeks to reduce technical risk and limit unnecessary environmental impact while advancing projects in a responsible manner.
ESG considerations are integral to this approach and continue to inform the Company’s project selection, evaluation and development activities.
Reveille believes that a disciplined and responsible approach to ESG is essential to delivering sustainable long-term value for all stakeholders.
ESG Highlights
Responsible exploration with a modern governance approach
EIA-led development approach
Environmental Impact Assessment underway at the Lombardy Project, forming a core part of the permitting process
Focused on historically explored assets
Strategy designed to leverage existing geological data and reduce incremental environmental disturbance
Embedded stakeholder engagement
Ongoing engagement with regulators and local stakeholders as part of the EIA and permitting process
Governance aligned with public markets
Adoption of the QCA Corporate Governance Code and implementation of key internal controls
Robust compliance framework
Share Dealing Code in place in line with UK MAR, alongside anti-bribery and corruption policies
Social Responsibility
Reveille recognises that the success of its activities is closely linked to the support and engagement of local communities and stakeholders. The Company maintains an open and constructive approach to stakeholder engagement throughout the lifecycle of its projects, including during permitting and assessment processes.
Stakeholder engagement forms an integral part of the EIA process, ensuring that local perspectives are considered in project planning and development.
As projects progress, Reveille aims to contribute positively to the regions in which it operates, including through the creation of employment opportunities, engagement with local contractors and suppliers, and broader economic participation.
The Company also operates with sensitivity to local heritage, land use and environmental considerations, particularly in regions where competing land uses may exist.