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Terramin Australia Completes Rights Issue, Raises Over $366K

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Terramin Australia Completes Rights Issue, Raises Over $366K

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The latest announcement is out from Terramin Australia Limited ( (AU:TZN) ).

Terramin Australia Limited announced the results of its non-renounceable rights issue, which closed on December 8, 2025. The company successfully raised $366,633.01 through the issuance of 9,648,232 new shares. These shares are scheduled to be issued to shareholders on December 15, 2025. The company is also in discussions regarding the placement of shortfall shares, with its major shareholder, Asipac Group Pty Ltd, agreeing to underwrite the issue of additional shares, ensuring that its voting power does not exceed 45%. This development is expected to impact the company’s capital structure and potentially enhance its financial stability, which could influence its market positioning and stakeholder interests.

The most recent analyst rating on (AU:TZN) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Terramin Australia Limited stock, see the AU:TZN Stock Forecast page.

More about Terramin Australia Limited

Terramin Australia Limited is a company operating in the mining industry, focusing on zinc and other mineral projects. It is involved in the development and exploration of mineral resources, with a notable project being the Tala Hamza Zinc Project.

Average Trading Volume: 202,617

Technical Sentiment Signal: Sell

Current Market Cap: A$99.98M

For a thorough assessment of TZN stock, go to TipRanks’ Stock Analysis page.

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