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Terrain Minerals Ltd ( (AU:TMX) ) has provided an announcement.
Terrain Minerals Ltd has announced a proposed issue of securities, involving the issuance of 607,718,000 unlisted options and ordinary fully paid shares. This move is part of a standard pro rata issue, which is non-renounceable, and is aimed at raising capital to support the company’s ongoing operations and strategic initiatives. The issuance is scheduled to occur on June 17, 2025, following the offer closing date of June 10, 2025. This development is expected to enhance the company’s financial flexibility and support its growth objectives.
More about Terrain Minerals Ltd
Terrain Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in the identification and acquisition of mineral projects with the potential for economic development.
Current Market Cap: A$6.01M
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