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An update from Theta Gold Mines ( (AU:TGM) ) is now available.
Theta Gold Mines Limited has successfully completed its Share Purchase Plan (SPP), issuing 571,425 new fully paid ordinary shares at $0.21 per share. These shares will begin trading on the ASX and will rank equally with existing shares. Additionally, the company has issued 30,000,000 unlisted options to Golden Asia Investment Group Limited and High Gift Investment Ltd as compensation for long-term financial support, allowing the company to proceed with project contracts. These options are issued in three tranches with varying exercise prices and expiry dates, providing flexibility for investors.
More about Theta Gold Mines
Theta Gold Mines Limited is a company in the mining industry, primarily focused on gold exploration and development. The company is listed on the Australian Securities Exchange (ASX) under the ticker TGM and is involved in advancing its gold projects in South Africa.
Average Trading Volume: 975,668
Technical Sentiment Signal: Sell
Current Market Cap: A$162.1M
Find detailed analytics on TGM stock on TipRanks’ Stock Analysis page.