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Terrain Minerals Ltd ( (AU:TMX) ) has issued an announcement.
Terrain Minerals Limited has issued 36,666,666 fully paid ordinary shares and an equal number of options exercisable at $0.005, expiring on 17 June 2027, as part of its Entitlement Offer. This issuance is in compliance with the Corporations Act 2001, and no additional disclosure is required under the Act, indicating a strategic move to strengthen its financial position and potentially enhance shareholder value.
More about Terrain Minerals Ltd
Terrain Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is listed on the Australian Securities Exchange (ASX) under the ticker TMX and is involved in identifying and developing mineral resources.
Current Market Cap: A$6.61M
Learn more about TMX stock on TipRanks’ Stock Analysis page.