Theta Gold raise funds to advance TGME Gold Project

Theta Gold Mines Limited (“Theta Gold” or the “Company”) (ASX: TGM| OTC: TGMGF) is pleased to announce it has raised approximately A$1.7 million (before fees) through a private placement(Placement)to professional and sophisticated investors. The Company will issue up to 24,285,715 new fully paid TGM Ordinary Shares at the issue 1 rd Use of funds raised from the share placement as follows: a) Proje