Cashed up Tangiers looking for acquisitions
Tangiers Petroleum has announced a $5.8 million share placement to assess growth opportunities in Africa, including potential farm-in deals and acquisitions.
Tangiers announced today that the funds would be raised through a $5 million placement to institutional investors and a share purchase plan to existing shareholders, capped at $800,000.
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BETA
Tangiers Petroleum (TPT)
Total Shareholder Return as at 30/06/2012
| 1 year TSR | 5 year TSR | ||
|---|---|---|---|
| th | Astro Resources | 0% | -39% |
| 17th | Tangiers Petroleum | 144% | 20% |
| 390th | Genesis Minerals | -46% | 0% |
680 WA listed companies ranked by 1 year TSR relative to WA companies with similar revenue
Revenue
| 477th |  | Tangiers Petroleum | $50k |
| 479th |  | Paynes Find Gold | $50k |
| 480th | | Genesis Minerals | $50k |
| 482nd | | Astro Resources | $50k |
| 483rd |  | Erin Resources | $50k |
572 WA listed resource companies ranked by revenue
Remuneration from Tangiers Petroleum
| 109th | Eve Howell | $923k |
| 408th | Maxmillian F de Vietri | $435k |
| 808th | Brent Villemarette | $240k |
Ranked by total remuneration from all listed WA companies
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