Theta Gold Mines Limited

TGM

AU0000035701

Gold

Market Closed - Australian S.E. Other stock markets 02:50:03 10/07/25 pm AEST			5-day change	1st Jan Change
0.1600 ^AUD	-3.03%		+10.34%	-11.11%

17/06	Theta Gold Mines Completes Pre-Development Construction Work at South Africa Plant	MT
10/06	Theta Gold Mines Secures Up to $35 Million Loan; Shares Down 7%	MT

Theta Gold Mines Limited - Successful Completion of US$4 million Private Placement

Published on 04/07/2025 at 22:55

Theta Gold Mines Limited ('Theta Gold' or the 'Company') (ASX: TGM) refers to its ASX announcement dated 30 June 20251 in regards to a Private Placement for US$4 million (AU$6.022 million) before costs and wishes to advise that the Placement is now complete.

The Company has now issued 47,337,278 fully paid ordinary shares (Placement Shares) to existing and institutional investor, Hong Kong Ruihua Green Development Limited, along with 23,668,639 attaching unlisted options (Placement Options)3. In addition, the Company has now issued 1,869,231 fully paid ordinary shares to Consultants, (Consultant Shares). These shares will be held in voluntary escrow for a period of 3 months from issue. All new shares issued will rank equally with existing fully paid ordinary shares of Theta Gold.

This placement was arranged by Golden Asia Investment Group Limited out of Hong Kong who acted as Lead Manager. An Appendix 2A - Application for quotation of securities and Appendix 3G - Notification regarding unquoted securities will be released following today's announcement.

Contact:

Bill Guy

Tel: + 61 2 8046 7584

Email: billg@thetagoldmines.com

Latest news about Theta Gold Mines Limited

Theta Gold Mines Completes Pre-Development Construction Work at South Africa Plant	17/06	MT
Theta Gold Mines Secures Up to $35 Million Loan; Shares Down 7%	10/06	MT
Theta Gold Mines Says It Receives $35 MLN Loan Facility Funding Agreement	10/06	RE
Theta Gold Mines Posts HY Loss Attributable $10.8 Million	14/03	RE
Theta Gold Mines Limited Reports Earnings Results for the Half Year Ended December 31, 2024	14/03	CI
Theta Gold Mines Limited Reports Earnings Results for the Full Year Ended June 30, 2024	30/09/24	CI
Theta Gold Mines Limited Auditor Raises 'Going Concern' Doubt	30/09/24	CI
Theta Gold Mines Confirms Gold Recovery in TGME Tailings and Rock Dumps	30/07/24	MT
Theta Gold Mines Raises AU$6 Million for Detailed Engineering Design, Construction Tenders	26/06/24	MT
Theta Gold Mines Confirms High-Grade Resources at Main Tailings Storage Facility in South Africa	07/05/24	MT
Theta Gold Mines Receives $10 Million in Commitments for Share Subscription	06/05/24	MT
Theta Gold Mines Taps PowerChina for Test Work at South African Tailings Dam	27/03/24	MT
Theta Gold Mines Limited Reports Earnings Results for the Half Year Ended December 31, 2023	15/03/24	CI
Theta Gold Mines Secures Rights for South African Mines	14/03/24	MT
Theta Gold Taps PowerChina's Subsidiary as Key EPC Partner for TGME Gold Plant, TSF Facilities; Shares Decline 14%	14/02/24	MT
Theta Gold Mines Issues New Performance Options to Employees	18/12/23	MT
Theta Gold Mines Limited Reports Earnings Results for the Full Year Ended June 30, 2023	29/09/23	CI
Theta Gold Mines Begins Drill, Blast Activities at Frankfort Mine; Shares Surge 22%	19/07/23	MT
Theta Gold Mines Raises AU$5 Million Via Private Placement	04/07/23	MT
Theta Gold Mines Advances Environmental Permit of South African Gold Project	14/06/23	MT
Simon Liu Resigns from Theta Gold Mines Limited as Non-Executive Director	15/05/23	CI
Theta Gold Mines Secures Water Use License for TGME Project in South Africa	11/04/23	MT
Theta Gold Mines Limited announced that it has received AUD 5 million in funding from Deutsche Balaton AG	03/04/23	CI
Theta Gold Mines Limited Reports Earnings Results for the Half Year Ended December 31, 2022	15/03/23	CI
Theta Gold Mines Limited Reports Earnings Results for the Half Year Ended December 31, 2022	15/03/23	CI

Chart Theta Gold Mines Limited

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TGM: Dynamic Chart

Company Profile

Theta Gold Mines Limited is an Australia-based gold exploration and development company. The Company holds a range of prospective gold assets through its subsidiary, Transvaal Gold Mining Estate Ltd (TGME), in a South African gold mining region. TGME Project phase one consists of four existing mines, including Beta, Frankfort, CDM and the Rietfontein mine. The Project is located next to the historical gold mining town of Pilgrimâs Rest, in the Mpumalanga Province, some 370km northeast of Johannesburg or 95km north of Nelspruit (the Provincial Capital City) and includes more than 43 historical mines identified across the prospective gold field of 620 square kilometers (62,000 hectares). Beta Mine is a producing mine in the Pilgrimâs Rest area. Rietfontein quartz reef is near vertical, sitting in a 16 km long structure which has been mined and partly drilled over 3.5km. The Glynns Mine is located near the town of Sabie in northeast South Africa. Its subsidiary is Theta Gold SA (Pty) Ltd.

Employees

Sector

Gold

Calendar

24/09 - Q4 2025 Earnings Release (Projected)

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