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Aureka Limited ( (AU:AKA) ) has issued an announcement.
Aureka Limited has transitioned Managing Director James Gurry from a consultancy arrangement to a formal employment contract, with his role as managing director to continue on an ongoing basis from 1 January 2026. The agreement maintains his existing base remuneration while formalising incentives and conditions, including a fixed salary of $285,000 plus superannuation, eligibility for short- and long-term incentive schemes at the board’s discretion, defined notice periods for termination, and a six-month post-employment restraint, underscoring the company’s commitment to stable leadership and governance as it advances its gold operations in Victoria.
More about Aureka Limited
Aureka Limited (ASX: AKA) is an Australian gold-focused company operating in Victoria, with activities centered on bringing the state’s gold resources into production and development.
Average Trading Volume: 252,195
Technical Sentiment Signal: Sell
Current Market Cap: A$22.03M
Learn more about AKA stock on TipRanks’ Stock Analysis page.