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IN BRIEF: Tertiary Minerals raises GBP100,000 from "significant" holder

20th Oct 2025 15:22

Tertiary Minerals PLC - mineral development company focused on deposits in the US, Zambia and northern Europe - Raises GBP100,000 via a placing of 153.8 million shares at 0.065 pence per share. Notes placing was made exclusively with "significant shareholder" Stuart Packwood. Says proceeds are earmarked to support exploration at its silver-copper-zinc prospect,Target A1, on the Mushima North project, Zambia.

"We are delighted that Mr Packwood, a significant shareholder, has increased his shareholding in the Company and at the current market price. This is a great endorsement for Tertiary and its portfolio of highly prospective projects," says Managing Director Richard Belcher.

Current stock price: 0.075p, up 7.5% in London on Monday afternoon

12-month change: down 16%

By Christopher Ward, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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Tertiary Minerals
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