Engage IR
Big step forward for Theta Gold Mines Limited (ASX: TGM):
✅ Decision to Mine approved – TGME Gold Project moves into development phase in South Africa
💰 US$4M secured via placement to fund early site works
🚧 Bulk earthworks & construction underway, including water management & plant preparation
🏦 Project debt syndication launched, with IDC (South Africa’s state-owned development finance institution) support and Moore Debt Advisory leading
📈 Feasibility Study update coming Q3 2025, reflecting gold’s surge above US$3,000/oz
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