Theta Gold Mines Ltd. is pleased to advise that the South African Department of Water and Sanitation has awarded a Water Use License for the Company's Mining Right 83 which covers the majority of the initial TGME Underground Gold Project mining schedule as detailed in the Company's Feasibility Study. The WUL is issued in accordance with Chapter 4 [...]
Theta Gold Mines Ltd. is pleased to announce that it has secured A$5 million in funding via three separate unsecured Convertible Loan Agreements to fund the bulk trial sampling program at the Frankfort Mine along with working capital for the Company. The Agreements are with Deutsche Balaton AG for A$3.5 million, Golden Asia Investment Group Ltd for [...]
Theta Gold Mines Ltd.'s Feasibility Study for the TGME Project was delivered on 27 July 2022, confirming Theta Gold's potential to be a significant near-term, high-margin, low-cost gold producer with opportunities for future growth. Based on the FS results, the Project will provide robust financial returns from a long-life large underground mining [...]
Theta Gold Mines Ltd. is pleased to advise that Bill Guy, Chairman of Theta Gold, will be attending the 2023 Mining Indaba Conference from 6-9 February 2023 in South Africa and presenting at the following two events: 1. The 121 Mining Investment Cape Town Conference; and 2. Australian Mining in Africa Program 2023. The 121 Mining Investment Cape [...]
Theta Gold Mines Ltd. advises that following the completion of the Company's Share Purchase Plan on Tuesday, 29 November 2022, the Company received a total of $572,000 in funds. Directors also participated in the SPP taking up their allocations including Mr Bill Guy, Chairman for $30,000, Mr Richie Yang, non-executive director for $30,000 and Mr [...]
Theta Gold Mines Ltd. is pleased to advise that Byron Dumpleton, director of Theta Gold, will be presenting at the 2022 International Mining and Resources Conference held in Sydney on Wednesday, 2 November 2022. *To view the IMARC presentation, please visit: https://abnnewswire.net/lnk/V2I0YWN8 About Theta Gold Mines Limited: [...]
Theta Gold Mines Ltd. is pleased to advise that the South African Department of Water and Sanitation has awarded the first of the two water use licences required for its TGME Underground Gold Mine. The new Greater TGME Integrated Water Use License is issued in accordance with Chapter 4 of the National Water Act, 1998 for a period of 12 years. The [...]
Theta Gold Mines Ltd. is pleased to report on its activities for the period from 1 July 2022 to 30 September 2022. HIGHLIGHTS POST SEPTEMBER 2022 QUARTER UPDATE: - Theta Gold signed a A$110m non-binding Term Sheet with Sprott Streaming and Royalty Corporation for pre-development, development capital and operating expenditure to bring the initial [...]
Theta Gold Mines Ltd. is pleased to announce it has raised approximately A$1.7 million through a private placement to professional and sophisticated investors. The Company will issue up to 24,285,715 new fully paid TGM Ordinary Shares at the issue price of A$0.07 cents per share, using the Company's existing placement capacity pursuant to Listing [...]
Theta Gold Mines Ltd. is pleased to announced that it has entered into a non-binding Streaming Term Sheet with Sprott Resource Streaming and Royalty Corporation under which Sprott is to advance US$70 million cash in return for a gold stream on Theta's TGME Gold Project . The Project is expected to deliver to Sprott up to 100,000 ounces of gold over [...]
Theta Gold Mines Ltd. is a gold exploration and development company that holds a range of prospective gold assets through its 74%-owned subsidiary Transvaal Gold Mining Estate Ltd in a world-renowned South African gold mining region. The Company's shares are dual listed on the Australian Securities Exchange and the OTC Markets in the United States [...]
Theta Gold Mines Ltd. is pleased to announce it has entered into an agreement with 2Invest AG to provide advisory services pursuant to a Corporate Advisory Agreement , dated 1 September 2022. Under the agreement, 2Invest AG will provide non-exclusive services in connection with identifying potential development funding investors for its TGME [...]
