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    TGM   AU0000035701

THETA GOLD MINES LIMITED

(TGM)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 11/26
0.17 AUD   0.00%
11/11Theta 2021 AGM Materials
PU
11/09Theta Gold Mines Limited Appoints Byron Dumpleton as Non-Executive Director
CI
11/09Theta Gold Mines Limited New Board Appointments
AW
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Theta Gold Mines Limited Close of Share Purchase Plan

09/23/2021 | 07:30pm EST

Close of Share Purchase Plan

Sydney, Australia (ABN Newswire) - Theta Gold Mines Limited (ASX:TGM) (FRA:3LM) (OTCMKTS:TGMGF) advises that the Company's Share Purchase Plan ("SPP") closed as scheduled at 5.00pm AEST on Thursday, 23 September 2021. SPP applications are being reconciled and results of the SPP will be released early next week.

Meanwhile, the Company received applications for the potential SPP shortfalls, separate from the previously announced A$1 million shortfall underwriting provided by German investor 2Invest AG.

Theta's EGM on Monday, 27 September 2021 includes a range of resolutions that will pave the way for completion of the capital raising initiatives first announced by the Company on 2 August 2021.



About Theta Gold Mines Limited:

Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) is a gold development company that holds a range of prospective gold assets in a world-renowned South African gold mining region. These assets include several surface and near-surface high-grade gold projects which provide cost advantages relative to other gold producers in the region.

Theta Gold Mines core project is located next to the historical gold mining town of Pilgrim's Rest, in Mpumalanga Province, some 370km northeast of Johannesburg by road or 95km north of Nelspruit (Capital City of Mpumalanga Province). Following small scale production from 2011-2015, the Company is currently focussing on the construction of a new gold processing plant within its approved footprint at the TGME plant, and for the processing of the Theta Open Pit oxide gold ore. Nearby surface and underground mines and prospects are expected to be further evaluated in the future.

The Company aims to build a solid production platform to over 100Kozpa based primarily around shallow, open-cut or adit-entry hard rock mining sources. Theta Gold Mines has access to over 43 historical mines and prospect areas that can be accessed and explored, with over 6.7Moz of historical production recorded.



Source:
Theta Gold Mines Limited



Contact:

Bill Guy, Chairman 
Theta Gold Mines Limited
T: + 61 2 8046 7584
E: billg@thetagoldmines.com

Investor Relations
Australia: Ben Jarvis
Six Degrees Investor Relations
T: +61 (0) 431 271 538

United States: Michael Porter
 Porter, LeVay & Rose Inc
T: +1 212 564 4700
E: theta@plrinvest.com
 

© ABN Newswire 2021
All news about THETA GOLD MINES LIMITED
11/11Theta 2021 AGM Materials
PU
11/09Theta Gold Mines Limited Appoints Byron Dumpleton as Non-Executive Director
CI
11/09Theta Gold Mines Limited New Board Appointments
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10/31Theta Gold Mines Limited Quarterly Activities Report
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10/31Theta Gold Mines Limited Auditor Raises 'Going Concern' Doubt
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10/24Theta Gold Mines Limited Project Permitting Update
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10/24Theta Gold Mines Limited Updates on Permitting of the TGME Underground Project
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09/28Theta Gold Mines Limited ZOOM Webinar
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09/27Theta Gold Mines Limited Development and Funding Update
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09/27Theta Gold Mines Limited Provides Update on the Development Work At the TGME Undergroun..
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More news
Financials (USD)
Sales 2021 - - -
Net income 2021 -4,37 M - -
Net Debt 2021 7,14 M - -
P/E ratio 2021 -24,6x
Yield 2021 -
Capitalization 63,6 M 63,6 M -
EV / Sales 2020 -
EV / Sales 2021 -
Nbr of Employees -
Free-Float 45,6%
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Managers and Directors
George Jenkins Chief Executive Officer
Charles William Guy Executive Chairman
Johan Fourie Manager-Group Compliance
Yang Liu Non-Executive Director
Bill Richie Yang Non-Executive Director
Sector and Competitors