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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 29/03/18

1 year TSR5 year TSR
187thMedusa Mining54%-34%
390thAlkane Resources5%-13%
398thCI Resources4%23%
421stRamelius Resources1%8%
482ndMount Gibson Iron-5%-3%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

02/05/17
$78k Bought
22/12/16
$0 Issued
14/06/16
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

22nd↑Ramelius Resources$199.1m
24th↓Mount Gibson Iron$167.9m
25th↓CI Resources$151.7m
28th↓Medusa Mining$130.0m
29th↑Alkane Resources$117.9m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Ramelius Resources

148thMark Zeptner$635k
376thDomenico Francese$338k
445thKevin Seymour$296k
Ranked by total remuneration from all listed WA companies

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