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Terrain Minerals Secures $1.32M to Accelerate Smokebush Drilling

6:01pm on Friday 7th of November, 2025 AEDT Mining
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Terrain Minerals Secures $1.32M to Accelerate Smokebush Drilling

6:01pm on Friday 7th of November, 2025 AEDT
Key Points
  • Raised $1.32 million via placement of 284 million shares at $0.0045 each
  • Placement exceeded initial commitments by $151,000 including Executive Director participation
  • Funds earmarked for advancing drilling at Smokebush Project’s Lightning Prospect and Wildflower area
  • Executive Director Justin Virgin to seek shareholder approval for his $45,000 subscription
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