Why Invest? News and Media Committees Audit Committee The Audit Committee is a key element in the Board of Director’s corporate governance process. It assists in the goal of financial statement integrity by monitoring the financial output of management in relation to the requirements of regulators, investors and the public interest. Clyde Harrison – Chairperson List of Duties • Oversee accounting and financial reporting processes • Oversee audits of the financial statements • Review all financial data to be released • Monitor compliance with applicable laws and regulations • Review significant cases of misconduct • Oversee internal controls and procedures • Oversee disclosure controls and procedures • Oversee implementation of the Code of Business Ethics • Oversee internal audit functions and independent auditors Compensation Committee The Compensation Committee is tasked with reviewing and establishing fair and equitable compensation levels among company employees, officers and directors. This includes allocation of stock options and non- financial forms of compensation. Corby Anderson – Chairperson List of Duties • Establish overall compensation philosophies • Evaluate management performance and development • Set compensation for executives • Consider industry benchmarks • Establish and administer performance goals • Establish compensation program for employees • Recommend director compensation • Administer employee benefit and incentive plans • Administer stock option and other equity-based plans • Review management development and succession policies Oversight Committee The Oversight Committee concerns itself with the broader strategic issues of the Company, including officer qualification criteria, succession planning and committee structures. Vacant List of Duties • Establish criteria for the selection of the chairman & directors • Conduct searches for prospective directors • Review candidates recommended by stockholders • Recommend committee membership • Oversee corporate governance • Review committee charters • Review the code of ethics • Review director independence • Board and committee evaluation and development • Oversee succession planning policies Copyright  ©  2010  Golden Phoenix Minerals, Inc.  |  Terms of Use  |  Privacy Policy  |  Safe Harbor Statement  |  Contact Projects Leadership Royalty Mining Company News & Media Why Invest? Mineral Ridge Management Market Opportunity Company Snapshot Join Email List Why Gold? Ashdown Mine Board of Directors Royalty Mining Advantage Mission Statement Press Releases Why Gold Miners? Adams Mine Technical Advisory 24 Month Acquisition Plan Code of Ethics Conference Calls Why Junior Gold Miners? Northern Champion Committees Growing Team of Experts SEC Filings Company Videos Why Golden Phoenix? Upcoming Events Download Golden Phoenix’s PowerPoint Presentation 8/16/10 (PDF) Download Golden Phoenix’s Company Fact Sheet 8/16/10 (PDF) Thursday, August 26, 2010  Golden Phoenix Signs July 2010 Option Agreement to Acquire 80% Interest in Mhakari Gold and Silver Project - 24 Month Acquisition Plan Continues Wednesday, August 25, 2010  Golden Phoenix Advances 24 Month Acquisition Plan With July 2010 Signing of Purchase Agreement to Acquire 80% Interest in Vanderbilt Silver & Gold Project Tuesday, August 17, 2010 Golden Phoenix Pays Off Remaining $1 Million Debt To Crestview Capital - Successful Conclusion To Debt Restructuring Monday, August 9, 2010 Golden Phoenix Executes Block Sale of 7,042,275 Shares of Scorpio Gold Common Stock Monday, August 9, 2010 Golden Phoenix Unveils Royalty Mining Growth Strategy On Company’s New Web Site Thursday, May 6, 2010 Golden Phoenix Signs LOI to Acquire Ra Resources, Ltd. and its Portfolio of Canadian Gold and Copper Prospects Thursday, May 6, 2010 Golden Phoenix Reports on Surface Drilling at Mineral Ridge Gold Deposit: 22.86 Meters Grading 1.65 g/t Gold in Drinkwater Zone Friday, April 23, 2010 Golden Phoenix Signs LOI's to acquire 80% Interest in the Vanderbilt and Coyote Fault Gold and Silver Claims Bordering the Mineral Ridge Mine Friday, April 23, 2010 Golden Phoenix Forms Top Echelon Advisory Committee to Assist Expansion of Corporate Mine Portfolio Wednesday, April 21, 2010 Golden Phoenix to Host Shareholder Conference Call  Following Completion of Major Debt Reduction Initiative Thursday, March 11, 2010 Golden Phoenix Closes the Mineral Ridge Joint Venture Sale with Scorpio Gold See all press releases