Theta Gold Mines Limited (ASX:TGM) Bidder Statement for Focus Minerals Ltd

Theta Gold Mines Limited (ASX:TGM) (FRA:3LM) (OTCMKTS:TGMGF) refers to its ASX announcement of 9 December 2021. In relation to TGM's off-market takeover bid for Focus Minerals Limited (ASX:FML) (Focus) (Offer), and in accordance with item 5 of section 633(1) of the Corporations Act 2001 (Cth) (Corporations Act), TGM attaches a copy of its bidder's statement (Bidder's Statement).

The Bidder's Statement has been lodged with the Australian Securities and Investments Commission (ASIC) and sent to Focus today.

TGM's Offer to Focus shareholders is 2 TGM shares for every 1 Focus share on issue as at 21 December 2021. Further details of the Offer and the implications for Focus shareholders (including the conditions to the Offer) are set out in the Bidder's Statement.

TGM anticipates sending the Bidder's Statement to Focus shareholders shortly and in accordance with the Corporations Act timetable.

In accordance with section 633(4) of the Corporations Act TGM advises that it has specified 21 December 2021 at 7.00pm (Sydney time) as the date for the purposes of determining the persons to whom information must be sent under items 6 and 12 of section 633(1) of the Corporations Act.

Bill Guy, Chairman 
Theta Gold Mines Limited
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