Australia's Theta Gold Mines at 1-month low on share placement
29/06/2026 07:02
BUZZ-Australia's Theta Gold Mines at 1-month low on share placement ** Theta Gold Mines' TGM.AX shares fall as much as 7.1% to A$0.195, lowest since May 22
** TGM raises $18.6 million through a share placement
** Issue price of A$0.18/shr represents a discount of 14.3% to stock's last close
** Proceeds will be used to complete plant construction of TGME Gold Mine Project and for first gold production in 2027
** About 732,000 shares changed hands, 2.6 times the 30-day avg - LSEG data
** TGM up ~14% YTD, including the session's moves
(Reporting by Anjali Singh in Bengaluru)