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Terrain Minerals Issues 258 Million Shares in Strategic Placement

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Terrain Minerals Issues 258 Million Shares in Strategic Placement

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Terrain Minerals Ltd ( (AU:TMX) ) just unveiled an update.

Terrain Minerals Limited has issued 258,375,000 fully paid ordinary shares as part of a recent placement. This move indicates the company’s efforts to raise capital, potentially impacting its financial stability and market operations. The issuance was conducted without disclosure under specific sections of the Corporations Act, and the company has complied with relevant legal provisions, ensuring transparency and adherence to regulatory requirements.

More about Terrain Minerals Ltd

Terrain Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is involved in identifying and developing mineral resources, primarily targeting gold and other valuable minerals.

Current Market Cap: A$11.86M

Find detailed analytics on TMX stock on TipRanks’ Stock Analysis page.

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