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Hamish Moffat says the funds will also be spent on refinancing existing debts.

Zenith in $40m debt facility

Zenith Energy has completed a $40 million issue of subordinated debt notes through FIIG Securities, with the proceeds to be used for refinancing existing debt, capital expenditure and acquisitions.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
26thNearmap160%22%
210thVEEM9%
249thZenith Energy5%
322ndWestoz Investment Company-4%5%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

48th↑Nearmap$53.8m
49th↑Zenith Energy$51.6m
51st↑VEEM$41.7m
52nd↑Westoz Investment Company$40.6m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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