Doray raises $4m for gold project
Recently-listed Doray Minerals has raised $4 million that will fund further exploration at its Andy Well gold prospect in the northern Murchison region of Western Australia.
The company said in a statement that it will issue 6.67 million shares at a discounted 60 cents each to raise the funds, which will lift its cash reserves to $7.6 million.
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BETA
Doray Minerals (DRM)
Total Shareholder Return as at 30/06/2012
| 1 year TSR | 5 year TSR | ||
|---|---|---|---|
| 26th | Central Petroleum | 79% | -13% |
| 163rd | Doray Minerals | -9% | 0% |
| 190th | Altona Mining | -14% | -20% |
| 287th | Prairie Downs Metals | -33% | -35% |
680 WA listed companies ranked by 1 year TSR relative to WA companies with similar revenue
Shareholding
| Allan Kelly | 10,048,600 | ||
| Heath Hellewell | 5,077,660 | ||
| Jay Stephenson | 63,429 | ||
| Leigh Junk | 50,000 | ||
| Peter Alexander | 20,000 |
Number of shares
Share Transactions
Total value as at the date of the transaction
Revenue
| 140th |  | Doray Minerals | $1.6m |
| 141st |  | Prairie Downs Metals | $1.6m |
| 143rd | | Central Petroleum | $1.6m |
| 144th | | Altona Mining | $1.5m |
572 WA listed resource companies ranked by revenue
Remuneration from Doray Minerals
| 262nd | Peter Alexander | $574k |
| 217th | Leigh Junk | $574k |
| 374th | Allan Kelly | $459k |
Ranked by total remuneration from all listed WA companies
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