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An announcement from Terrain Minerals Ltd ( (AU:TMX) ) is now available.
Terrain Minerals Limited has announced a non-renounceable entitlement issue to raise approximately $1.8 million by offering new shares to eligible shareholders. This initiative is part of their strategy to advance projects like Smokebush Gold and Larins Lane, with board members participating significantly in the offer, indicating strong internal support and potential growth opportunities for stakeholders.
More about Terrain Minerals Ltd
Terrain Minerals Limited is an Australian company operating in the mining industry, primarily focused on gold and gallium sands projects in Western Australia. The company is engaged in the exploration and development of mineral resources, with key projects including the Smokebush Gold project and the Larins Lane gallium sands project.
Current Market Cap: A$6.75M
Learn more about TMX stock on TipRanks’ Stock Analysis page.