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Theta Gold Mines ( (AU:TGM) ) has provided an announcement.
Theta Gold Mines Limited has issued 10 million unlisted options with an exercise price of A$0.32 and an expiry date of 3 August 2027, as notified in an Appendix 3G filing to the ASX. These options, which are unquoted and not intended to be quoted on the ASX, form part of previously announced transaction arrangements and represent a potential future source of capital and dilution for existing shareholders depending on if and when they are exercised.
The most recent analyst rating on (AU:TGM) stock is a Sell with a A$0.20 price target. To see the full list of analyst forecasts on Theta Gold Mines stock, see the AU:TGM Stock Forecast page.
More about Theta Gold Mines
Theta Gold Mines Limited is an Australian-listed mining company focused on gold exploration and development, trading on the ASX under the code TGM. The company’s activities centre on advancing its gold assets and related financing structures rather than providing products or consumer-facing services.
Average Trading Volume: 923,852
Technical Sentiment Signal: Buy
Current Market Cap: A$240.7M
Learn more about TGM stock on TipRanks’ Stock Analysis page.