Theta Gold Mines Ltd

Theta Gold Mines successfully enters subscription agreements for $8 million

Theta Gold Mines Ltd (ASX:TGM) chairman Bill Guy updates Proactive Investors on the release of a positive feasibility study for the Theta project to support further exploration on the large historical goldfield in South Africa

The company also has completed a capital raising with subscription agreements totalling $8 million.

Guy said the funds raised will be used for completion of pre-development activities, as well as the purchase of equipment for the company’s Theta open-cut gold project in South Africa. 

Quick facts: Theta Gold Mines Ltd

Price: $0.16

Market: ASX
Market Cap: $62.13 m

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Theta Gold Mines confirms commercial viability of Theta project with...

Theta Gold Mines Ltd (ASX:TGM) chairman Bill Guy updates Proactive Investors on the gold developer's positive feasibility study recently completed for its Theta project in South Africa.    The study confirms the project's economics and commercial viability, supported by a...

on 16/5/19

2 min read