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Medusa falls $4m short in pre-merger placement

Como-based Medusa Mining Ltd has fallen short of its goal to raise $15 million ahead of its merger with Philsaga Mining Corporation and listing on London's Alternative Investment Market by over $4 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/05/19

1 year TSR5 year TSR
449thCI Resources-22%15%
485thMedusa Mining-30%-25%
510thTroy Resources-35%-37%
840thBlackham Resources-90%-44%
728 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

04/11/16
$16k Bought
12/11/14
$10k Bought
07/11/14
$10k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

25th-CI Resources$175.5m
26th↑Medusa Mining$168.5m
29th↑Blackham Resources$122.1m
30th↑Troy Resources$116.5m
484 listed resources companies ranked by revenue.
Source: Morningstar

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