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An announcement from Terrain Minerals Ltd ( (AU:TMX) ) is now available.
Terrain Minerals Limited has successfully concluded its non-renounceable rights issue, raising a total of $849,773. The entitlement offer allowed shareholders to purchase new shares and options, with significant participation from board members and directors who underwrote a portion of the offer. The company retains the discretion to place remaining shortfall shares within three months, potentially raising an additional $973,383.
More about Terrain Minerals Ltd
Terrain Minerals Limited is a company operating in the mining industry, focusing on mineral exploration and development. The company is listed on the Australian Securities Exchange under the ticker TMX.
Current Market Cap: A$5.62M
For a thorough assessment of TMX stock, go to TipRanks’ Stock Analysis page.