Thor Explorations Ltd. is pleased to announce that further to its news release of July 10, 2020 it has closed the final tranche of its previously announced brokered private placement raising an additional C$1.05 million through the issuance of an additional 6,069,363 common shares. The closing of the second tranche increases the aggregate raised by [...]
Thor Explorations Ltd. refers to the press release made today by Vox Royalty Corp regarding the acquisition of a royalty in the Company’s Segilola Gold Project. Thor would like to clarify that it has not entered into any new royalty agreements. The Company has a prior royalty agreement with RTG Mining which RTG received in consideration for the [...]
Vox Royalty Corp. is pleased to announce that it has entered into a binding agreement pursuant to which Vox will acquire a royalty on Thor Exploration Limited's construction-stage Segilola Gold Project for consideration of C$900,000 comprised of C$650,000 in cash and C$250,000 in Vox shares . Segilola is in the state of Osun in Nigeria [...]
Thor Explorations Ltd. is pleased to announce that it has closed a first tranche in it previously announced brokered private placement raising a total of C$12.5 million through the issuance of 69,479,167 common shares at a price of C$0.18 per share. After the closing of the private placement, the total number of shares outstanding now is [...]
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Thor Explorations Ltd. announces that it intends to raise up to approximately US$10 million and in cooperation with certain shareholders place up to approximately US$5 million of previously issued stock via a best efforts brokered private placement. The private placement will consist of up to 40 million units with each unit comprising up to 2 [...]
Thor Explorations Ltd. announces that as a result of the COVID-19 pandemic it will be relying on the coordinated relief provided by the securities regulators for an extension to the deadline for certain periodic filings. The Canadian Securities Administrators granted blanket relief for all market participants, providing up to a 45-day extension for [...]
AFC Equity Investments Limited, Mauritius a wholly-owned subsidiary of Africa Finance Corporation, a multilateral development finance institution, announced today that it has completed a subscription for 28,215,750 common shares of Thor Explorations Ltd. by way of a private placement at a price of CA$0.20 per common share, for an aggregate [...]
Thor Explorations Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement of 28,215,750 common shares of the Company with the Africa Finance Corporation for gross proceeds of C$5,643,150 to reach full funding of the Segilola Gold Project in Nigeria . The Company is also pleased to announce the issuance [...]
Thor Explorations Ltd. is pleased to announce that it has executed its definitive documents with the Africa Finance Corporation to reach full funding of the Segilola Gold Project in Nigeria and has made the Final Investment Decision to proceed with construction of the Project. The Company has decided to proceed with construction, following the [...]
Thor Explorations Ltd. announces that the TSX Venture Exchange has accepted filing of the Company’s Stock Option Plan . The Plan reserves a fixed number of shares, 44,900,000, being less than 10% of the Company’s issued shares. The Company also announces the grant of 14,250,000 stock options under the terms of the Plan to directors and [...]
Thor Explorations Ltd. is pleased to announce that its wholly owned subsidiary Segilola Gold Limited has acquired two key exploration licences adjacent to the Segilola Project. The Company is also pleased to provide an update on its ongoing regional reconnaissance stream sediment sampling program where it has identified several encouraging [...]