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The company says the net proceeds will be applied to the commencement of drilling in the TMS.

Australis in $39m placement

Australis Oil & Gas has tapped investors for $39.2 million, with the proceeds to allow for drilling to commence at the Tuscaloosa marine shale later this year.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
149thAustralis Oil & Gas88%0%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

25/05/18
$0 Issued
25/05/18
$0 Issued
12/12/17
$49k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Australis Oil & Gas$30.5m
507 listed resources companies ranked by revenue.
Source: Morningstar

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