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Mr Fotios said the $30 million placement would allow the gold miner to progress a number of projects

Eastern to raise $30m for Davyhurst and Mt Ida

Eastern Goldfields has announced a conditional deal with an international asset manager to raise up to $30 million, with the proceeds used to maintain operations at the company’s Davyhurst gold operation and undertake feasibility studies on its Mt Ida project.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Share Transactions

31/01/18
$0 Issued
31/01/18
$2.7m Issued
31/01/18
$3.8m Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

402nd↓Duketon Mining$0
403rd↓East Energy Resources$0
404th↓Eastern Goldfields$0
405th↓Egan Street Resources$0
406th↓EHR Resources$0
499 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Eastern Goldfields

57thMichael Fotios$954k
160thCraig Readhead$254k
464thAlan Still$254k
Ranked by total remuneration from all listed WA companies

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