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TerraCom Plans Share Placement of Over 1 Million New Shares

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TerraCom Plans Share Placement of Over 1 Million New Shares

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An update from TerraCom Limited ( (AU:TER) ) is now available.

TerraCom Limited has announced a proposed placement of up to 1,063,816 new ordinary fully paid shares on the ASX, with an expected issue date of 27 January 2026. The share issue will expand the company’s equity base and may provide additional capital for its operations or strategic initiatives, modestly diluting existing holders but potentially strengthening TerraCom’s financial flexibility and market positioning once the new securities are quoted and begin trading.

The most recent analyst rating on (AU:TER) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on TerraCom Limited stock, see the AU:TER Stock Forecast page.

More about TerraCom Limited

Average Trading Volume: 5,724,847

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$111.7M

Learn more about TER stock on TipRanks’ Stock Analysis page.

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