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Terrain Minerals Ltd ( (AU:TMX) ) has issued an announcement.
Terrain Minerals Limited has issued 221,666,666 fully paid ordinary shares as part of a placement, with an additional 23,333,333 shares pending due to a delay in international bank transfer. This issuance is conducted without disclosure under Part 6D.2 of the Corporations Act 2001, and the company has complied with relevant legislative provisions, indicating a strategic move to bolster its financial position and potentially enhance its market operations.
More about Terrain Minerals Ltd
Terrain Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in identifying and developing mining projects with a market focus on mineral exploration.
Current Market Cap: A$6.01M
For a thorough assessment of TMX stock, go to TipRanks’ Stock Analysis page.