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Terrain Minerals Raises $850K in Rights Issue with Full Director Backing
9:11am on Friday 20th of June, 2025 AEST
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Mining
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Terrain Minerals Raises $850K in Rights Issue with Full Director Backing
9:11am on Friday 20th of June, 2025 AEST
Key Points
Raised approximately $850,000 through a pro-rata rights issue
Issued 283 million new shares and matching options at $0.003 each
Board members fully subscribed and underwrote $115,000 of shortfall
Remaining shortfall shares of 324 million available for placement within 3 months
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Terrain Minerals (ASX:TMX)
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