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Terramin Lifts Asipac Stake to 45% via Debt-Settling Share Issue

Story Highlights
  • Terramin will issue over 235 million new shares to Asipac, discharging equivalent subsidiary debt.
  • Asipac’s stake will rise to 45% as Terramin extends its shortfall offer to March 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Terramin Lifts Asipac Stake to 45% via Debt-Settling Share Issue

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

Terramin Australia Limited will issue 235,136,833 new shares at $0.038 per share on 30 December 2025 to Asipac Group Pty Ltd under a shortfall partial underwriting and debt discharge arrangement, extinguishing an equivalent amount of debt owed by its subsidiary Terramin Exploration Pty Ltd. The transaction will lift Asipac’s ownership to 45% of Terramin’s issued capital, while the company continues to seek investors for the remaining shortfall shares and has extended the shortfall offer closing date to 8 March 2026, a move that reshapes its capital structure and may influence future funding flexibility and control dynamics.

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 an ASX-listed resources company focused on base metals exploration and development, notably the Tala Hamza Zinc Project, along with other mining projects in its portfolio.

Average Trading Volume: 215,639

Technical Sentiment Signal: Sell

Current Market Cap: A$65.91M

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

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