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Terramin Australia Initiates Rights Issue to Bolster Capital

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Terramin Australia Initiates Rights Issue to Bolster Capital

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Terramin Australia Limited ( (AU:TZN) ) has provided an update.

Terramin Australia Limited has announced the dispatch of its prospectus and entitlement form for a Pro-rata Non-renounceable Rights Issue to eligible shareholders. This move is part of the company’s strategy to raise capital, potentially impacting its financial position and providing opportunities for stakeholders to increase their investment in the company.

More about Terramin Australia Limited

Terramin Australia Limited is a company operating in the mining industry, focusing on the exploration and development of base and precious metal projects. The company is primarily involved in the production of zinc, lead, and gold, with a market focus on leveraging its assets in Australia to maximize shareholder value.

Average Trading Volume: 121,480

Technical Sentiment Signal: Sell

Current Market Cap: A$125M

For detailed information about TZN stock, go to TipRanks’ Stock Analysis page.

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