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Theta Gold Mines Secures Funding and Advances TGME Project

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Theta Gold Mines Secures Funding and Advances TGME Project

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An announcement from Theta Gold Mines ( (AU:TGM) ) is now available.

Theta Gold Mines Limited has secured a US$35 million loan facility from the IDC of South Africa, marking a significant step in its project finance strategy. The company is advancing its TGME project with ongoing international debt discussions, completed pre-development plant works, and a US$4 million capital raise to support construction and infrastructure efforts.

More about Theta Gold Mines

Theta Gold Mines Limited is a company operating in the gold mining industry, focusing on the development and exploration of gold projects. Its primary market focus is on advancing its TGME project in South Africa, leveraging financial strategies and infrastructure development to enhance its mining operations.

Average Trading Volume: 167,688

Technical Sentiment Signal: Buy

Current Market Cap: A$163.8M

Learn more about TGM stock on TipRanks’ Stock Analysis page.

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