TZN 10.0% 11.0¢ terramin australia limited.

Ann: Debt Restructure and Marketing Agreement, page-2

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  1. 1,469 Posts.
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    Always liked Terramin! But zinc collapse caused issues. Not sure Asipac and such are what is needed here. Needs a good partner without this statement over its head which effects every shareholder:
    Re ASX:
    Based solely on the information provided, ASX Limited grants Terramin Australia Limited (Company) a waiver from listing rule 10.1 to the extent necessary to permit the Company and its subsidiary, Terramin Exploration Pty Ltd (TZNEX), to grant security over its assets in favour of Asipac Group Pty Ltd (Asipac) whereby Asipac acquires security interest over its assets and property mortgage located at Bird-in-Hand (Security) in favour of Asipac Group Pty Ltd (Asipac) pursuant to a debt trust facility (Corporate Facility) and a financing facility (BIH Facility) under which Asipac may provide the Company up to $5.0 million respectively to the Corporate Facility and BIH Facility without obtaining shareholder approval, on the following conditions.

    Still like TZN but have a feeling this one is going to have huge issues.
 
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11.0¢
Change
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Mkt cap ! $232.8M
Open High Low Value Volume
9.9¢ 11.0¢ 9.8¢ $58.89K 576.6K

Buyers (Bids)

No. Vol. Price($)
1 78103 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 995075 6
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Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
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