Theta Gold Mines Ltds (ASX:TGM) managing director Robert Thomson intends to step down from executive duties with effect from August 5.
Thomson will remain on the board as a non-executive director.
Chairman Bill Guy said: “Rob has led the company since November 2016 and has seen the company evolve to a potential gold producer with the Theta open-cut project.
“We thank Rob for his efforts and look forward to his continued contribution in a non-executive role."
Project activities continue[hhmc]
The companys project activities in South Africa continue uninterrupted with the leadership of chief executive officer George Jenkins based at the mine-site.
Thetas local team is being continuously expanded as the company moves towards the construction phase at the Theta Open Pit Starter Project.
Share placement[hhmc]
In April the company raised A$930,000 in a share placement with funds to advance the starter project.
The company has received applications for the placement of 4.65 million fully paid ordinary sharesRead More – Source
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