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Terrain Minerals Raises $850K in Rights Issue with Full Director Backing

9:11am on Friday 20th of June, 2025 AEST 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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