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Terrain Minerals Ltd ( (AU:TMX) ) has issued an announcement.
Terrain Minerals Ltd has notified the ASX of a proposed issue of up to 900,000 ordinary fully paid shares under a placement or similar capital-raising mechanism. The new securities are targeted for issue on 30 June 2026, signaling an incremental equity raise that may support the company’s exploration activities and working capital needs while modestly diluting existing shareholders.
More about Terrain Minerals Ltd
Terrain Minerals Ltd is an Australian-listed resources company focused on mineral exploration and development. The company’s ordinary fully paid shares trade on the ASX under the code TMX, providing investors exposure to early-stage mining and exploration opportunities.
Current Market Cap: A$16.68M
For an in-depth examination of TMX stock, go to TipRanks’ Overview page.