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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 28/09/18

1 year TSR5 year TSR
51stAustSino Resources Group143%42%
446thAVZ Minerals-5%77%
606thBirimian-31%5%
752ndBattery Minerals-57%-22%
810thAvenira-74%-36%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

30/07/18
$0 Issued
19/07/18
$0 Other
19/07/18
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

392nd↓AustSino Resources Group$0
393rd↓Avenira$0
394th↓AVZ Minerals$0
395th↓Battery Minerals$0
396th↓Birimian$0
511 listed resources companies ranked by revenue.
Source: Morningstar

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