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Theta Gold Mines Completes Oversubscribed $90 Million Senior Secured Bond Issue

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Theta Gold Mines (ASX:TGM) completed an oversubscribed $90 million senior secured callable bond issue for the construction of the Transvaal Gold Mining Estates project in South Africa, according to a Monday filing with the Australian bourse.

The bond issue, arranged by Pareto Securities, completes the debt funding process and allows the company to advance the construction and development of the project, the filing said.

Plant commissioning is expected later in the year, with the company planning to advance the project towards gold production in the first quarter of 2027, per the filing.

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