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Theta Gold Mines Limited: Focus Minerals Ltd Takeover Offer - Second Supplementary Bidder's Statement

19.01.2022 | 23:00 Uhr | ABN Newswire
Sydney, Australia - Theta Gold Mines Ltd. (ASX:TGM) (FRA:3LM) (OTCMKTS:TGMGF) refers to its takeover bid to acquire fully paid ordinary shares in Focus Minerals Ltd (Focus) that exist on the Register Date of 21 December 2021 made under the Replacement Bidder's Statement dated 4 January 2022 (Replacement Bidder's Statement).

TGM notes ASX announcements by Focus on 5 and 7 January 2022 which attach intention statements by Shandong Gold.

In light of those statements and other matters, TGM has lodged with ASIC today a second supplementary bidder's statement dated 18 January 2022 (Second Supplementary Bidder's Statement) to update various disclosures in the Replacement Bidder's Statement.

A copy of the Second Supplementary Bidder's Statement is attached via link below in accordance with section 647(3)(a)(ii) of the Corporations Act (as modified by ASIC Class Order [CO 13/528]).

*To view the Supplementary Bidder's Statement, please visit:
https://abnnewswire.net/lnk/L6ZI1W66



About Theta Gold Mines Limited:

Theta Gold Mines Ltd. (ASX:TGM) (OTCMKTS:TGMGF) is a gold development company that holds a range of prospective gold assets in a world-renowned South African gold mining region. These assets include several surface and near-surface high-grade gold projects which provide cost advantages relative to other gold producers in the region.

Theta Gold Mines core project is located next to the historical gold mining town of Pilgrim's Rest, in Mpumalanga Province, some 370km northeast of Johannesburg by road or 95km north of Nelspruit (Capital City of Mpumalanga Province). Following small scale production from 2011-2015, the Company is currently focussing on the construction of a new gold processing plant within its approved footprint at the TGME plant, and for the processing of the Theta Open Pit oxide gold ore. Nearby surface and underground mines and prospects are expected to be further evaluated in the future.

The Company aims to build a solid production platform to over 100Kozpa based primarily around shallow, open-cut or adit-entry hard rock mining sources. Theta Gold Mines has access to over 43 historical mines and prospect areas that can be accessed and explored, with over 6.7Moz of historical production recorded.



Source:
Theta Gold Mines Ltd.



Contact:

Bill Guy, Chairman Theta Gold Mines Ltd. T: + 61 2 8046 7584 E: billg@thetagoldmines.com Investor Relations Australia: Ben Jarvis Six Degrees Investor Relations T: +61 (0) 431 271 538 United States: Michael Porter Porter, LeVay & Rose Inc T: +1 212 564 4700 E: theta@plrinvest.com

 
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Unternehmen dieses Artikels
Unternehmen Land WKN Symbol Profil News Forum Details
Focus Minerals Ltd.   Australien A0F610 FML.AX Nachrichten zu diesem UnternehmenNachrichten, englisch zu diesem Unternehmen
Theta Gold Mines Ltd.   Australien A2PA44 TGM.AX Nachrichten zu diesem UnternehmenNachrichten, englisch zu diesem Unternehmen

 
 
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