Theta Gold Mines trading halt request

Theta Gold Mines Limited (ASX: $TGM) has requested a trading halt pending the release of an announcement regarding a capital raise. The company has asked that the securities remain in trading halt until the earlier of a release of an announcement regarding the funding transaction or the commencement of trading on Monday, 6 May 2024.

Summary of Trading Halt Request

Theta Gold Mines Limited (ASX: $TGM) has requested a trading halt in anticipation of an upcoming announcement related to a capital raise. The company aims to keep the securities in trading halt until the funding transaction announcement is released or the commencement of trading on Monday, 6 May 2024. This move indicates the company's strategic decision to prepare for a significant financial development, reflecting its commitment to transparent communication with the market and stakeholders. The trading halt aligns with the company's efforts to ensure that all investors have equal access to important information, promoting fairness and market integrity. The request for a trading halt underscores the company's proactive approach to managing market-sensitive announcements and signifies its dedication to maintaining orderly and informed trading conditions. As the market awaits the forthcoming announcement, stakeholders and investors may anticipate insights into Theta Gold Mines' capital raising plans and the potential impact on its corporate strategy and growth prospects.