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The funds will go towards processing facility upgrades at its Bald Hill operations

Alliance raises $32.5m

Alliance Mineral Assets has raised $32.5 million via two share placements, including with Galaxy Resources, with the funds set to primarily go towards upgrades at the processing facilities at its Bald Hill lithium and tantalum mine.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 30/04/19

1 year TSR5 year TSR
thAlliance Mineral Assets
7thFenix Resources490%43%
519thFin Resources-36%-16%
644thElixir Petroleum-54%-22%
725thEHR Resources-65%-22%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

360th-Alliance Mineral Assets$0
398th↑EHR Resources$0
399th↑Elixir Petroleum$0
402nd↑Fenix Resources$0
403rd↑Fin Resources$0
486 listed resources companies ranked by revenue.
Source: Morningstar

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