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Thesis Gold Announces Strategic Investment by AngloGold Ashanti and Participation by Centerra Gold for C$44M
Thesis Gold Announces Strategic Investment by AngloGold Ashanti and Participation by Centerra Gol...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"Thesis Gold Announces Strategic Investment by AngloGold Ashanti and Participation by Centerra Gold for C$44M\n\n\nThesis Gold Announces Strategic Investment by AngloGold Ashanti and Participation by Centerra Gold for C$44M\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nPR Newswire\n\n\nVANCOUVER, BC, Feb. 19, 2026 /PRNewswire/ - 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\").\n\n\n\n\n\n\n\nDr. 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.\"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.In connection with closing of the Subscription, Thesis and AngloGold Ashanti will enter into an investor rights agreement, whereby, subject to certain conditions, the Company will grant AngloGold Ashanti certain financing and other participation rights to enable AngloGold Ashanti to maintain its shareholding interest in the Company, as well as technical committee appointment rights and other customary investor rights.Pursuant to an investor rights agreement between the Company and Centerr...