GUIDING FRAMEWORKS

e3 Plus – A Framework for Responsible Exploration

In November 2006, Avalon publicly subscribed to the principles and practices of the PDAC’s e3 Plus – A Framework for Responsible Exploration, through the implementation of a formal company policy. Avalon believes that the e3 Plus framework is pivotal to adopt in order to follow industry best practice and improve company social, environmental and health and safety performance.

The eight e3 Principles for Responsible Exploration, all of which have been integrated into Avalon’s business practices, are:

  • Adopt Responsible Governance and Management
  • Apply Ethical Business Practices
  • Respect Human Rights
  • Commit to Project Due Diligence and Risk Assessment
  • Engage Host Communities and Other Affected and Interested Parties
  • Contribute to Community Development and Social Wellbeing
  • Protect the Environment
  • Safeguard the Health and Safety of Workers and the Local Population

To read more about the PDAC’s e3 Plus program, visit the PDAC’s website here

Towards Sustainable Mining

Avalon also subscribes to the Mining Association of Canada’s (MAC) Towards Sustainable Mining (TSM) Guiding Principles: a set of tools and indicators to drive performance and ensure that key mining risks are managed responsibly at Avalon’s future facilities. Once operational, Avalon will report on its facilities’ TSM performance.


The TSM Guiding Principles are partially summarized here:


Avalon commits to:

⦁    Respecting human rights and treating those with whom the company deals fairly and with dignity
⦁    Respecting the cultures, customs and values of people with whom Avalon’s operations interact
⦁    Recognizing and respecting the unique role, contribution and concerns of Aboriginal peoples (First Nations, Inuit and Métis) and indigenous peoples worldwide
⦁    Obtaining and maintaining business through ethical conduct
⦁    Complying with all laws & regulations in each country where Avalon operates
 ⦁   Applying the standards reflecting our adherence to these Guiding Principles & to best international practices
⦁    Supporting the capability of communities to participate in opportunities provided by new mining projects and existing operations
⦁    Being responsive to community priorities, needs and interests through all stages of mining exploration, development, operations and closure
⦁    Providing lasting benefits to local communities through self-sustaining programs to enhance economic, environmental, social, educational and health care standards

Read more about MAC’s Towards Sustainable Mining here.

Internal Governance


In addition to this external guidance, Avalon has numerous internal governance policies that guide the company, such as a formal Sustainability Policy which can be read here.

Cindy Hu joined Avalon in 2007. Prior to joining the company, Ms. Hu was a senior manager with the accounting firm Andersen & Company Professional Corporation. She is a Chartered Professional Accountant with over 20 years of experience in public accounting practice and financial reporting, primarily for junior public companies and private wealth management portfolios.

MS. Hu earned her B.Com from Laurentian University in 1996.

Scott Monteith was appointed CEO of Avalon in May 2023. He is an entrepreneur and business owner with a successful track record of moving inventions from ideation to commercial success. He graduated with a Bachelor of Business Management from Toronto Metropolitan University and is part of the Young Presidents’ Organization Ontario Program with Harvard Business School. 

Mr. Monteith is currently the Chairman of Monteco Ltd., Cable House Capital Ltd. and Imtex Membranes Corporation.

Mr. Monteith has extensive experience in the areas of marketing, manufacturing, technology transfer, technology licensing, new product development, patent management, corporate development, international business, M&A, investing, government affairs, Board Governance and strategic planning. An intuitive individual, he possesses strong communications, team building and management skills.

Mr. Monteith is the founder of Monteco Ltd. and has served as its President and CEO since 1995. Since its inception, Monteco has launched a successful portfolio of companies that include Biox, Imbrium Systems, Green Turtle, Filamat Composites, Imtex Membranes and Optomem Sensors.