Alkane to raise $12.8m for feasibility studies
Perth-based Alkane Exploration Ltd aims to raise $12.8 million through the underwritten issue of 40.1 million shares to existing shareholders on the basis of one new share for every five shares held.
Proceeds of the offer will be used to fund advancement of definitive feasibility studies on the company's Tomingley Gold project and Dubbo Zirconia project.
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Alkane Resources (ALK)
Total Shareholder Return as at 30/06/2012
| 1 year TSR | 5 year TSR | ||
|---|---|---|---|
| 281st | Iron Ore Holdings | -32% | 9% |
| 507th | Navigator Resources | -61% | -61% |
| 520th | Alkane Resources | -63% | 14% |
| 673rd | Bass Metals | -93% | -47% |
680 WA listed companies ranked by 1 year TSR relative to WA companies with similar revenue
Shareholding
| Ian Gandel | 91,557,900 | ||
| David I Chalmers | 2,168,850 | ||
| John Dunlop | 836,000 | ||
| Lindsay Colless | 576,846 | ||
| Anthony D Lethlean | 433,396 | ||
| Karen Brown | 339,157 |
Number of shares
Revenue
| 34th |  | Iron Ore Holdings | $100.5m |
| 35th | | Bass Metals | $97.4m |
| 36th | | Alkane Resources | $96.7m |
| 37th |  | Navigator Resources | $96.3m |
| 38th |  | Brockman Mining | $96.2m |
572 WA listed resource companies ranked by revenue
Remuneration from Alkane Resources
| 471st | David I Chalmers | $392k |
| 497th | Lindsay Colless | $325k |
| 588th | Karen Brown | $325k |
Ranked by total remuneration from all listed WA companies
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