Finance Facility Update

September 28th, 2018 | ASX Announcements

Terramin Australia Limited (ASX: TZN) (Terramin or the Company) has been working with major shareholder Asipac Group Pty Ltd (Asipac) on increasing the size and restructuring its debt facilities which fall due for renewal on 31 October 2018. Terramin and Asipac have agreed to increase the size of the Facilities by $1 million to continue to provide necessary working capital to Terramin whilst extending the debt facilities for another year.

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