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AVZ Minerals owns a 60 per cent stake in the Manono lithium project in DRC.

AVZ attracts Chinese investor for $15m raising

Africa-focused lithium explorer AVZ Minerals has attracted a Chinese miner for the bulk of a $15 million capital raising, which has been priced to take advantage of a recent doubling in its share price.

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AVZ Minerals (AVZ)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/03/18

1 year TSR5 year TSR
17thAVZ Minerals881%88%
160thDempsey Minerals64%0%
202ndDacian Gold48%49%
226thDuketon Mining39%0%
686thEast Energy Resources-42%-45%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

06/03/18
$0 Other
06/03/18
$0 Other
09/02/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

349th↓AVZ Minerals$2k
399th↓Dacian Gold$0
400th↓Dempsey Minerals$0
402nd↓Duketon Mining$0
403rd↓East Energy Resources$0
508 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from AVZ Minerals

843rdKlaus Eckhof$135k
Ranked by total remuneration from all listed WA companies

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