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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 29/12/17

1 year TSR5 year TSR
12thAVZ Minerals1544%66%
122ndPelican Resources110%18%
411thHelix Resources8%2%
572ndStrike Resources-15%-18%
798thTanga Resources-76%-27%
696 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

08/01/18
$513k Sold
29/06/17
$0 Issued
29/06/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

353rd↑AVZ Minerals$2k
359th↓Helix Resources$447
360th-Tanga Resources$345
362nd↓Pelican Resources$141
363rd↓Strike Resources$3
497 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from AVZ Minerals

161stKlaus Eckhof$135k
1444thPatrick Flint$36k
Ranked by total remuneration from all listed WA companies

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