Announcement • Jul 10
Theta Gold Mines Limited Announces Appointment of Ching (Sharon) Iu as Non-Executive Director, Effective July 10, 2026 Theta Gold Mines Limited announced the appointment of Ms. Ching (Sharon) Iu as a Non-Executive Director of the Company, effective July 10, 2026. Ms Iu is an accomplished mining executive and corporate finance professional with more than 10 years international experience across the mining, metals and natural resources sectors. As the representative of Chengtun Mining Group, which established itself as a significant global producer of battery and precious metals and continues to expand its international mining footprint, she executed multiple mergers and acquisitions deals for a wide range of overseas projects, and has extensive experience in corporate strategy, capital markets, project evaluation and business development. Ms Iu will stand for election by shareholders at the Company's next Annual General Meeting in accordance with the Company's Constitution and the ASX Listing Rules. New Risk • Jul 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Revenue is less than US$1m. Announcement • Jun 29
Theta Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 22.62725 million. Theta Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 22.62725 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 45,151,389
Price\Range: AUD 0.18
Discount Per Security: AUD 0.0108
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 80,555,556
Price\Range: AUD 0.18
Discount Per Security: AUD 0.0108
Transaction Features: Subsequent Direct Listing 
