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CASHED UP: Ramelius says it will apply the funds from the raising to ramping up exploration of its existing projects, and to evaluate asset acquisition opportunities.

Ramelius announces $55m capital raising

Ramelius Resources says it will launch a $15 million share purchase plan after completing a $40 million placement to institutional investors.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
296thPerseus Mining20%-14%
301stMount Gibson Iron19%-3%
306thRamelius Resources19%19%
467thBase Resources-5%-6%
584thWestgold Resources-23%0%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

08/06/18
$448k Issued
08/06/18
$448k Other
02/05/17
$78k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

15th↑Perseus Mining$383.8m
16th↑Westgold Resources$376.6m
17th↑Ramelius Resources$341.8m
18th↓Mount Gibson Iron$320.6m
19th↑Base Resources$269.0m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Ramelius Resources

130thMark Zeptner$635k
338thDomenico Francese$338k
398thKevin Seymour$296k
Ranked by total remuneration from all listed WA companies

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