MacPhersons is exploring for gold near Kalgoorlie.

Juniors tap investors for $6m

Local explorers MacPhersons Resources and Venture Minerals have announced plans to raise a combined $6.3 million to fund ongoing work at their respective prospects in the state.

MacPhersons says it has received firm commitments for the placement of 22.6 million shares at 13 cents each to raise $2.9 million, plus a further $1.5 million by way of a share purchase plan at the same price.

The price represents a 19.7 per cent discount to the company’s 10-day volume-weighted average price.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/17

1 year TSR5 year TSR
thEgan Street Resources0%0%
103rdMacPhersons Resources79%-15%
528thNovo Litio-25%86%
560thDampier Gold-30%-26%
562ndEmergent Resources-30%-19%
717 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Issued
$19k Issued
$1,000k Issued
Total value as at the date of the transaction
Source: Morningstar


295th↓MacPhersons Resources$42k
409th↑Novo Litio$0
410th↓Dampier Gold$0
412th-Egan Street Resources$0
413th↑Emergent Resources$0
490 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from MacPhersons Resources

794thAshok Parekh$177k
855thStephen Hewitt-Dutton$74k
1551stJeffrey Williams$35k
Ranked by total remuneration from all listed WA companies

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