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Independence says the money will go towards the Tropicana gold project joint venture.

Independence Group raises $118m

Independence Group has completed a $118 million capital raising to fund construction and development at its part-owned Tropicana gold project.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/07/19

1 year TSR5 year TSR
68thNorthern Star Resources83%53%
214thIndependence Group21%3%
375thSandfire Resources-5%4%
429thIluka Resources-13%4%
464thPaladin Energy-20%-14%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

27/11/18
$36k Bought
26/11/18
$0 Issued
31/10/18
$201k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

6th↓Iluka Resources$1,353.1m
7th↓Northern Star Resources$965.3m
8th↑Independence Group$780.1m
9th↑Paladin Energy$756.2m
10th-Sandfire Resources$615.7m
487 listed resources companies ranked by revenue.
Source: Morningstar

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