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Terra Metals Secures $85M to Accelerate Breakthrough PGM Discovery
9:58am on Friday 27th of February, 2026 AEDT
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Mining
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Terra Metals Secures $85M to Accelerate Breakthrough PGM Discovery
9:58am on Friday 27th of February, 2026 AEDT
Key Points
Institutional placement raises A$85 million at A$0.37 per share
Strong backing from major shareholders including Golden Energy and Tribeca
Funds to accelerate drilling, resource definition, and economic studies
Focus on newly discovered platinum group metal sulfide system at Southwest Prospect
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TERRA METALS (ASX:TM1)
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