Tertiary Minerals is trading 18.75% down at £0.07, with its discounted £1 million placing the clearest company-specific context for the decline. - On September 30, the company announced a conditional placing of 1.67 billion shares at 0.06 pence each, a 14% discount to the referenced five-day average VWAP; AIM trading also resumed. - The placing requires shareholder approval, with admission expected around October 28. - Crypto prices were higher, but crypto moves do not explain the decline.