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Tasman to raise $2.5m in rights issue

Perth-based metals explorer Tasman Resources NL will raise up to $2.5 million through a non-renounceable rights issue to shareholders on a one for ten basis, the company has announced.

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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 31/07/19

1 year TSR5 year TSR
115thTasman Resources49%18%
407thBoss Resources-10%17%
460thTNG-20%-12%
520thAfrican Energy Resources-28%-26%
680thMiddle Island Resources-55%-15%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

01/03/19
$7k Issued
01/03/19
$0 Issued
01/03/19
$4.6m Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

99th↑Tasman Resources$1.4m
112th↑Middle Island Resources$938k
113th↑African Energy Resources$927k
116th↑Boss Resources$901k
117th↑TNG$883k
487 listed resources companies ranked by revenue.
Source: Morningstar

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