Sheffield managing director Bruce McFadzean. Photo: Attila Csaszar

Sheffield raises cash for Thunderbird

Mineral sands explorer Sheffield Resources has raised $5 million for its Thunderbird project, and plans to bring in an additional $2 million via a share purchase plan.

Sheffield has placed 11.4 million shares at 44 cents each to sophisticated and professional investors to raise $5 million, and has invited eligible shareholders to participate in a share purchase plan at the same price as the placement to raise the extra $2 million.

Sheffield directors have collectively contributed $167,640 to the placement.


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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
606thSheffield Resources-36%1%
717 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$15k Bought
$5k Bought
$10k Bought
Total value as at the date of the transaction
Source: Morningstar


th-Sheffield Resources$12k
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Sheffield Resources

92ndBruce McFadzean$818k
565thDavid Archer$267k
568thBruce McQuitty$267k
Ranked by total remuneration from all listed WA companies

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