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Aurum Resources Names Richard Simpson as Non-Executive Chairman in Board Reshuffle

Story Highlights
  • Aurum Resources appoints Richard Simpson as Non-Executive Chairman, with Troy Flannery shifting to Non-Executive Director.
  • Simpson receives performance-based rights and options, aligning leadership incentives with Aurum’s long-term growth plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aurum Resources Names Richard Simpson as Non-Executive Chairman in Board Reshuffle

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An update from Aurum Resources Limited ( (AU:AUE) ) is now available.

Aurum Resources has appointed veteran investment banker Richard Simpson as its new Non-Executive Chairman, effective 2 February 2026, with current Chairman Troy Flannery transitioning to a Non-Executive Director role. To align Simpson’s incentives with long-term shareholder value, the company has granted him 6 million unquoted performance rights and 2 million unquoted performance options under its existing placement capacity, signalling an emphasis on project development, financing, resource growth and share price performance as Aurum advances the Boundiali Gold Project and its wider expansion strategy.

The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.75 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.

More about Aurum Resources Limited

Aurum Resources Limited (ASX: AUE) is an Australian mining and exploration company focused on advancing its Boundiali Gold Project and broader growth initiatives in the resources sector, with activities supported by access to capital markets and corporate finance expertise.

Average Trading Volume: 1,378,528

Technical Sentiment Signal: Buy

Current Market Cap: A$252.7M

For an in-depth examination of AUE stock, go to TipRanks’ Overview page.

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