Terramin Resources Gets AU$1M Share Placement from Macquarie Ban

Adelaide, Australia, Jan 22, 2006 - (ACN Newswire) - Macquarie Bank (ASX: MBL)
has increased it holding in Terramin Resources (ASX: TZN) to 8.2% after a
AU$1M share placement. 
The emerging zinc resource announced on Friday that the big Australian had
agreed to take a an addtional 1.82M Terramin shares at AU$0.55 each. 
The placement price represents a slight premium to Terramin's average
traded price of AU$0.54 over the past four days. 
Terramin's Executive Chairman, Kevin Moriarty, said proceeds from the
placement would be used to help the Company progress its first overseas
acquisition and for working capital. 
The placement takes the Bank's total holding in Terramin to over 5.8M
shares. 
About MACQUARIE BANK LIMITED:
Investment Banking, Banking and Financial Services 
About TERRAMIN AUSTRALIA LIMITED:
Terramin is a dedicated base metals company focused on early development of
the Angas Zinc project and advanced exploration at Menninnie Dam zinc/lead and
copper project. 
Kevin Moriarty - Executive Chairman 
Source: MACQUARIE BANK LIMITEDTERRAMIN AUSTRALIA LIMITED 
Contact:
Kevin Moriarty
Executive Chairman
TEL: +61 8 8274 2190
www.terramin.com.au 
Copyright 2006  ACN Newswire. All rights reserved. 
Provider ID: 00031106
 
 
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