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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

Total Shareholder Return as at 30/04/18

1 year TSR5 year TSR
102ndSaracen Mineral Holdings103%68%
183rdIndependence Group59%11%
189thWestern Areas58%6%
327thGold Road Resources21%64%
395thMetals X8%14%
721 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

28/11/17
$0 Issued
18/09/17
$106k Bought
06/09/17
$13k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

13th↓Independence Group$424.1m
14th↑Saracen Mineral Holdings$423.2m
15th↑Gold Road Resources$665k
17th↓Metals X$279.8m
18th↑Western Areas$250.5m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Independence Group

30thPeter Bradford$1.313m
128thBrett Hartmann$676k
172ndScott Steinkrug$592k
Ranked by total remuneration from all listed WA companies

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