Theta Gold Mines Limited (ASX:TGM) Commencement of Dispatch of Replacement Bidder's Statement and Offers

Theta Gold Mines Limited (ASX:TGM) (FRA:3LM) (OTCMKTS:TGMGF) refers to its replacement bidder's statement dated 4 January 2022 (Replacement Bidder's Statement) and offers in relation to its off-market takeover bid for all of the shares in Focus Minerals Ltd (ACN 005 470 799) as at the Register Date stated in the Replacement Bidder's Statement.

TGM is pleased to advise that it has commenced dispatch of the Replacement Bidder's Statement and offers (for all of the shares in Focus Minerals Ltd as at the Register Date stated in the Replacement Bidder's Statement). The Replacement Bidder's Statement is accompanied by a copy of TGM's second supplementary bidder's statement dated 18 January 2022.

TGM's offer is dated 18 January 2022 and is scheduled to close at 7.00pm (Sydney Time) on 21 February 2022 (unless extended or withdrawn).

Copies of the Replacement Bidder's Statement and second supplementary bidder's statement (as sent) are attached in link below, including for the purposes of paragraph 5 of ASIC Class Order [CO 13/521].

*To view the replacement Bidder's Statement, please visit:
https://abnnewswire.net/lnk/ZRU9H1SG

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