Hazer Group managing director Geoff Pocock.

MinRes increases Hazer stake

Graphite-focused tech company Hazer Group has announced plans to form a joint venture with diversified business Mineral Resources, after MinRes boosted its stake in Hazer by subscribing for $5 million worth of shares.

Perth-based Hazer has completed a $5 million placement to MinRes, through the issue of 8.3 million shares at 60 cents each.

The placement, priced at a 4.7 per cent discount to Hazer’s five-day volume-weighted average price, will increase MinRes’s shareholding in the company to 14 per cent.


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Hazer Group (HZR)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/09/17

1 year TSR5 year TSR
thDragontail Systems0%0%
5thAusCann Group Holdings5011%101%
553rdHazer Group-26%0%
694thAurora Labs-50%0%
719 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
$55k Bought
$341 Bought
Total value as at the date of the transaction
Source: Morningstar


170th↓Hazer Group$281k
171st-AusCann Group Holdings$260k
172nd↑Aurora Labs$238k
174th↓Ephraim Resources$219k
175th-Dragontail Systems$166k
232 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Hazer Group

657thGeoff Pocock$223k
1502ndDanielle Lee$38k
1737thAndrew Harris$2k
Ranked by total remuneration from all listed WA companies

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