Non-executive chairman Charles (Bill) Guy purchased 98,333 shares for $19,888 increasing his total holding to 893,923 shares.
Additionally, non-executive director Richie Yang purchased 95,000 shares for $18,560 increasing his total holding to 1.61 million shares.
Developing a starter gold mine in South Africa
Theta continues to focus on the construction of a new gold processing plant for processing the Theta Open Pit oxide gold ore.
Recently, the 2.5-megawatt ball mill purchased in October 2019 arrived on site at the Starter Theta Project in South Africa.
The mill was placed on the permitted mine site, ready for future installation.
The new mill has been incorporated into the revised and optimised plant design and offers the project flexibility to easily expand production up to 1.2 million tonnes per annum should the project grow.