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Theta Gold Mines Issues New Shares and Options to Bolster Financial Position

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Theta Gold Mines Issues New Shares and Options to Bolster Financial Position

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The latest update is out from Theta Gold Mines ( (AU:TGM) ).

Theta Gold Mines Limited has announced the issuance of 571,425 fully paid ordinary shares through a Share Purchase Plan, raising A$120,000. Additionally, the company has issued 30,000,000 unlisted options to Golden Asian Investment Group Limited and High Gift Investment Limited, which could potentially impact the company’s financial structure and shareholder base.

More about Theta Gold Mines

Theta Gold Mines Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in the exploration and development of gold resources in South Africa, aiming to become a sustainable gold producer.

Average Trading Volume: 990,325

Technical Sentiment Signal: Sell

Current Market Cap: A$183M

For an in-depth examination of TGM stock, go to TipRanks’ Overview page.

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