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Energy Ventures subsidiary raises $651k in seed placement

West Perth-based Energy Ventures Ltd subsidiary African Energy Resources (Guernsey) Ltd will raise $651,000 through the final tranche of aseed placement to investors of shareholder African Lion 2 Ltd.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
91stBoss Resources90%40%
514thAdx Energy-14%-7%
659thAurora Minerals-38%-18%
700thAfrican Energy Resources-45%-25%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

19/12/16
$0 Issued
19/12/16
$0 Issued
19/12/16
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

121st↓Aurora Minerals$937k
122nd↑African Energy Resources$927k
124th↑Adx Energy$905k
125th↑Boss Resources$901k
510 listed resources companies ranked by revenue.
Source: Morningstar

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