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Adelong Gold Director Louie Simens Resigns, Strategic Ties with Nova to Continue

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Adelong Gold Director Louie Simens Resigns, Strategic Ties with Nova to Continue

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3D Resources Limited ( (AU:ADG) ) has shared an update.

Adelong Gold Limited has announced the resignation of Non-Executive Director Louie Simens, effective 27 January 2026, citing personal reasons; his departure follows his earlier resignation as Executive Director of Nova Minerals and comes only months after he joined the Adelong board following Nova’s $1 million strategic investment. The company does not expect the board change to affect its strategic relationship with Nova Minerals, signalling continuity in its broader corporate and funding arrangements despite the governance shift.

The most recent analyst rating on (AU:ADG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on 3D Resources Limited stock, see the AU:ADG Stock Forecast page.

More about 3D Resources Limited

Adelong Gold Limited is an Australian gold exploration and development company listed on the ASX, focused on advancing its gold projects and supported by strategic investors such as Nova Minerals Limited, which made a $1 million investment in 2025.

Average Trading Volume: 9,508,620

Technical Sentiment Signal: Sell

Current Market Cap: A$30.8M

For a thorough assessment of ADG stock, go to TipRanks’ Stock Analysis page.

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