The Audit Committee is established to fulfill applicable public company obligations respecting audit committees and to assist the Board in fulfilling its oversight responsibilities with respect to financial reporting including responsibility to:

• oversee the integrity of the Company’s financial statements and financial reporting process, including the audit process and the Company’s internal accounting controls and procedures and compliance with related legal and regulatory requirements;
• monitor the management of the principal financial risks that could impact the financial reporting of the Company and ensure an appropriate mitigation strategy is adopted by management; 
• oversee the appointment, qualifications and independence of the external auditors;
• oversee the work of the Company's financial management and external auditors in these areas; and 
• provide an open avenue of communication between the external auditors, the Board and Management.