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Terramin Boosts Loan Facility by $2.5M, Extends Terms with Major Shareholder
9:48am on Friday 23rd of May, 2025 AEST
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Terramin Boosts Loan Facility by $2.5M, Extends Terms with Major Shareholder
9:48am on Friday 23rd of May, 2025 AEST
Key Points
Unsecured Standby Term (No. 2) Facility increased from $2.425m to $4.925m
Loan terms extended to 30 June 2026 for multiple facilities
Major shareholder Asipac Group remains key financier
Independent non-executive directors approved the facility increase and extension
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Terramin Australia (ASX:TZN)
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