Australia

Theta Gold Mines managing director makes on-market purchase valued at more than $20,000

Theta Gold Mines Ltd (ASX:TGM) managing director Rob Thomson had demonstrated his confidence in the company with the purchase of shares in an on-market transaction.

Between March 26 and April 2 Thomson acquired 99,467 shares worth $20,008.

The number of securities held in an indirect interest after the change increased from more than 1.267 million to in excess of 1.367 million.

Theta Project development

Theta Gold Mines is continuing development at its Theta Starter Project in South Africa with the arrival last month of the 2.5-megawatt ball mill purchased in October 2019.

The mill was transported from Rustenburg on a six-day journey to the Theta Project site at Pilgrims Rest, Mpumalanga.

Chairman Bill Guy said the small Pilgrims Rest community welcomed the arrival of the mill with much excitement, eager to see the progress towards an official start of construction and mining which will bring back much-neRead More – Source