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Proceeds from the placement will go towards exploration and development programs in NSW.

Alkane to raise $55m

Alkane Resources has received commitments to raise $20 million through a share placement, and up to $34.8 million through a 1-for-8 rights issue, to accelerate exploration and development programs in the Tomingley gold corridor in New South Wales.

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Share Price

Closing price for the last 90 trading days
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Top 10 Shareholders

Substantial shareholders as published in the annual report.
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Total Shareholder Return as at 29/11/19

1 year TSR5 year TSR
43rdAlkane Resources164%19%
88thMineral Commodities86%27%
193rdRand Mining32%49%
417thTroy Resources-4%-26%
802ndBlackham Resources-70%-24%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
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Share Transactions

22/11/19
$0 Issued
22/11/19
$0 Issued
17/09/19
$99k Bought
Total value as at the date of the transaction
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Revenue

29th↑Blackham Resources$111.1m
30th↑Troy Resources$104.1m
31st↓Alkane Resources$94.4m
32nd↑Rand Mining$80.3m
33rd↑Mineral Commodities$78.5m
485 listed resources companies ranked by revenue.
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