Business
Thesis Gold Announces Strategic Investment by AngloGold Ashanti and Participation by Centerra Gold for C$44M
Thesis Gold Inc. ("Thesis" or the "Company") (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) is pleased to announce the Company and AngloGold Ashanti Plc ("AngloGold Ashanti") have entered into a subscription agreement (the "Subscription") whereby AngloGold Ashanti will acquire 5% of the issued and outstanding common shares of the Company ("Common Shares").
About this update from Anglogold Ashanti Plc
[{"type":"text","content":"VANCOUVER, BC, Feb. 19, 2026 /CNW/ - Thesis Gold Inc. ("Thesis" or the "Company") (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) is pleased to announce the Company and AngloGold Ashanti Plc ("AngloGold Ashanti") have entered into a subscription agreement (the "Subscription") whereby AngloGold Ashanti will acquire 5% of the issued and outstanding common shares of the Company ("Common Shares").","length":439,"tagName":"p"},{"type":"image","alt":"Thesis Gold Logo (CNW Group/Thesis Gold Inc.)","displaySize":"","headline":null,"caption":"Thesis Gold Logo (CNW Group/Thesis Gold Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":157,"url":"https://media.zenfs.com/en/prnewswire.com/c640503680fd0cddf6338638a77cf6d7"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/fAB.ZrYz03HxyfreE8.Iyg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/c640503680fd0cddf6338638a77cf6d7","width":400,"height":157}},"href":"https://mma.prnewswire.com/media/2916574/Thesis_Gold_Inc__Thesis_Gold_Announces_Strategic_Investment_by_A.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Dr. Ewan Webster, President & CEO commented, "We are very pleased to welcome AngloGold Ashanti as a strategic investor in Thesis. Their investment is a strong validation of the quality and scale of the Lawyers-Ranch Project and the disciplined work our team has completed to date. AngloGold Ashanti's global operating experience, technical depth, and long-term approach to building high-quality mining districts create meaningful opportunities for collaboration as we continue to advance, de-risk, and unlock the full potential of the project."","length":562,"tagName":"p"},{"type":"text","content":"Pursuant to the Subscription, AngloGold Ashanti has agreed to purchase, by way of private placement, 13,858,883 Common Shares at a price of $2.79 per Common Share for gross proceeds of $38,666,284. The issue price represents the volume weighted average price of the Common Shares as traded on the TSX Venture Exchange (the "TSXV") on February 18, 2026.","length":362,"tagName":"p"},{"type":"text","content":"In connection with closing of the Subscription, Thesis and AngloGold Ashanti will enter into an investor rights agreeme...