Jianbin Zhang's voting power in Theta Gold Mines diluted by new shares

Jianbin Zhang and associated entities, including Jiangsu Ruihua Investment Holding Group Co., Limited, have seen their combined voting power in Theta Gold Mines Limited decrease from 17.51% to 15.55%. The change, reported on October 14, 2025, reflects a dilution primarily due to the issuance of new shares, rather than direct sales.

The previous notice was given on July 2, 2025. Hong Kong Ruihua Green Development Ltd, a key entity within the group, participated in two placements on September 17, 2024, and July 1, 2025, receiving 69,137,538 and 47,337,278 ordinary shares, respectively, for a consideration of $6,000,000 and $4,000,000. Despite these acquisitions, the overall percentage of voting power decreased due to the subsequent dilution from new share issuances.

Post-change, Jianbin Zhang and its associated entities collectively hold 162,628,662 fully paid ordinary shares. Hong Kong Ruihua Green Development Ltd now directly holds 116,474,816 ordinary shares, representing 11.14% of the voting power.