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020725 Raas TGM - Digging gold out of the Bushveld.pdf

Theta Gold Mines Limited (ASX:TGM) is a gold developer targeting transitioning to producer by early CY27. TGM is currently completing site clearance and preparation works which will enable construction of a new gold plant once full funding has been finalised. TGM has secured credit approval for a US$30m payment schedule, which further reduces the required upfront equity contribution. Post the decision to mine the TGME Gold Mine Project, the company has commenced bulk earthworks and initial civil engineering activities at site. Current cash on hand is ~A8.3 as of 1 July 2025 and provides the company with the funding to continue progressing site activities.

RaaS: Theta Gold Mines Limited - 'Digging gold out of the Bushveld'