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The latest update is out from Theta Gold Mines ( (AU:TGM) ).
Theta Gold Mines Limited has successfully completed its Share Purchase Plan (SPP), raising $120,000 before costs, with Non-Executive Director Byron Dumpleton participating with a $30,000 allocation. The company will issue 571,425 fully paid ordinary shares and grant options to eligible shareholders and placement participants, subject to shareholder approval, as part of its strategic efforts to strengthen its financial position and enhance shareholder value.
More about Theta Gold Mines
Theta Gold Mines Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in gold mining projects and aims to enhance its market position by expanding its resource base and production capabilities.
Average Trading Volume: 962,275
Technical Sentiment Signal: Sell
Current Market Cap: A$172.6M
See more insights into TGM stock on TipRanks’ Stock Analysis page.