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The latest announcement is out from Terrain Minerals Ltd ( (AU:TMX) ).
Terrain Minerals Ltd has applied to the Australian Securities Exchange for the quotation of 101,250,000 new fully paid ordinary shares, to be issued on 3 February 2026. The large issuance of new equity, lodged under an Appendix 2A application, will expand the company’s quoted share capital and may influence its capital structure and liquidity in the market, with implications for existing shareholders’ ownership dilution and the company’s funding capacity going forward.
More about Terrain Minerals Ltd
Terrain Minerals Ltd is an Australian company listed on the ASX under the code TMX. While this release does not detail its operations, the company typically operates in the minerals and resources sector, focusing on exploration and development activities aligned with the broader mining and commodities markets.
Current Market Cap: A$16.12M
See more insights into TMX stock on TipRanks’ Stock Analysis page.