Financial Restructure and Capital Raising

November 23rd, 2012 | ASX Announcements

Terramin Australia Limited Managing Director, Nic Clift, today announced a key financial restructure of the Company headlined by a placement to Wanshe Holdings Pty Ltd (Wanshe)
and a fully underwritten 2.1 for 1 Entitlement Offer at $0.02 per new share, fully underwritten by Asipac Capital Pty Ltd (Asipac) and Wanshe (a company associated with Asipac) to raise $10 milion in aggregate.

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