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Independence owns the Nova nickel project.

Arrow raises $5.2m in JV and placement

Arrow Minerals (formerly Segue Resources) has received $5.2 million through a joint venture agreement and equity investment from nickel and gold producer Independence Group, along with a capital raising to fund its gold and lithium projects in Western Australia.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/19

1 year TSR5 year TSR
489thNew Century Resources-34%26%
565thInfinity Lithium-44%-10%
708thClassic Minerals-60%-51%
722ndArrow Minerals-63%-47%
774thSymbol Mining-72%-78%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

22/11/18
$6k Issued
22/11/18
$63k Issued
06/11/18
$5k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

93rd↑New Century Resources$1.9m
94th↑Classic Minerals$1.8m
95th↑Arrow Minerals$1.7m
96th-Symbol Mining$1.6m
97th↑Infinity Lithium$1.4m
487 listed resources companies ranked by revenue.
Source: Morningstar

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