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TGME Project - site works
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Oil, Mining & Resources
Theta Gold Mines (ASX:TGM) Decision to Mine - TGME Gold Project
Engage IR
Big step forward for Theta Gold Mines Limited (ASX: TGM):
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✅ Decision to Mine approved – TGME Gold Project moves into development phase in South Africa
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💰 US$4M secured via placement to fund early site works
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🚧 Bulk earthworks & construction underway, including water management & plant preparation
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🏦 Project debt syndication launched, with IDC (South Africa’s state-owned development finance institution) support and Moore Debt Advisory leading
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📈 Feasibility Study update coming Q3 2025, reflecting gold’s surge above US$3,000/oz
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Engage IR is an Australian-owned investor relations firm serving small and mid-cap listed companies.
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Joe Kaderavek
Partner
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0434 563 456 |
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