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Terramin raises funding pressure with $28.65 million rights issue
9:00am on Monday 14th of September, 2026 AEST
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Mining
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Terramin raises funding pressure with $28.65 million rights issue
9:00am on Monday 14th of September, 2026 AEST
Key Points
1-for-1.5 non-renounceable offer priced at $0.018 per share
Up to $15.65 million of Asipac underwriting settled through debt conversion
Feny to underwrite up to $10 million in cash
Non-participating shareholders face approximately 40% dilution
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Terramin Australia (ASX:TZN)
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