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Terramin Australia Limited (ASX:TZN)

ALERT: Price-sensitive ASX Announcement for TZN
Current share price for TZN : $0.020 -0.002 (-9.09%)+
Announcement
Release
24 Jun 2026 5:23PM
Price at Release
$0.022
Full Release
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Summary
Terramin Australia Limited announced that its subsidiary, Terramin Exploration Pty Ltd, has agreed with Asipac Group Pty Ltd to extend the term of its existing loan facilities, including both secured and unsecured term facilities, to 30 June 2027. This extension is supported by the independent non-executive directors of Terramin and facilitates the company in advancing its corporate strategy while it works on developing long-term financing options. The announcement has been approved by the Board of Terramin.
Key Points
  • Terramin Exploration Pty Ltd extends loan facilities with Asipac Group.
  • Term of the loan facilities extended to 30 June 2027.
  • Facilities include secured Standby Term Facility, unsecured Standby Term (No.2) Facility, and Bird in Hand Facility.
  • Extension enables Terramin to execute its corporate strategy.
  • Independent non-executive directors approved the extension.
  • Announcement approved by Terramin's Board.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.