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Theta Gold Mines Plans New Securities Issue
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Theta Gold Mines Plans New Securities Issue

Theta Gold Mines Ltd. (AU:TGM) has released an update.

Theta Gold Mines Limited has announced a new securities issuance, set for placement on 5th June 2024, with a total of 175,383,213 securities potentially coming to market. The offering includes both options at an 8% discount to the 15-day VWAP with a $0.13 minimum and a 2-year expiry, as well as fully paid ordinary shares. This strategic move aims to bolster the company’s financial posture in the industry.

For further insights into AU:TGM stock, check out TipRanks’ Stock Analysis page.

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