Theta Gold Mines directors convert options to ordinary shares

Theta Gold Mines Limited announced changes to the relevant interests of three directors, effective September 30, 2025, primarily involving the exercise of unlisted options into ordinary shares. Bill Richie Yang, a director, acquired 1,000,000 fully paid ordinary shares through the exercise of options, valued at A$120,000. Prior to this, Yang held various direct and indirect interests, including 2,300,000 unlisted options exercisable at A$0.12. Following the change, Yang's direct and indirect holdings include 2,000,000 fully paid ordinary shares and 300,000 unlisted options exercisable at A$0.17, expiring in 2027.

Similarly, Charles William Guy, also a director, increased his direct holding by 1,000,000 fully paid ordinary shares at a value of A$120,000 through option exercise. This transaction reduced his unlisted options by 1,000,000. After the change, Guy holds 4,272,494 fully-paid ordinary shares and 300,000 unlisted options exercisable at A$0.17, expiring in 2027.

Byron Karl Lester Dumpleton, another director, acquired 300,000 fully paid ordinary shares from the exercise of 300,000 options, valued at A$36,000. Post-transaction, Dumpleton's direct holdings include 1,228,571 fully paid ordinary shares and 800,000 unlisted options exercisable at A$0.17, expiring in 2027. All changes occurred outside of a closed period and did not require prior clearance.