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 [...]
Thor Explorations Ltd. is pleased to announce that it has closed its previously announced private placement , raising gross proceeds of C$15,733,850 through the issuance of 78,669,250 Common Shares at a price of C$0.20 per Common Share. The Tranche 1 Closing includes proceeds of US$6,750,000 from Africa Finance Corporation , the leading [...]
Thor Explorations Ltd. announces that further to its news releases dated August 19, 2019, the Company’s proposed private placement is continuing and an extension of 30 days to close the offering has been granted by the TSX Venture Exchange. The Offering is subject to the acceptance of the TSX Venture Exchange. About Thor [...]
Thor Explorations Ltd. is pleased to announce that it has received conditional approval from the TSX Venture Exchange for the first tranche of the proposed US$15,000,000 private placement with the Africa Finance Corporation . The Company also announces that further to its news releases dated August 19, 2019, the Company’s proposed private [...]
Thor Exploration Ltd. announces that further to its news releases dated April 30, 2019, June 17, 2019 and July 17, 2019, the Company will not proceed with the proposed private placement, as the 45-day period, as extended from time to time, to close the private placement from the date of the original announcement has expired. However, the Company [...]
Thor Exploration Ltd. announces that further to its news releases dated April 30, 2019 and June 17, 2019, the Company’s proposed private placement is continuing and an extension of 30 days to close the Offering has been granted by the TSX Venture Exchange. The Offering is subject to the acceptance of the TSX Venture Exchange. Further to the [...]
Thor Exploration Ltd. announces that the board of directors of the Company has approved the following amendments to 10,250,000 stock options granted to officers and group consultants of the Company under its stock option plan. Original Terms Amended Terms 9,750,000 options $0.12 exercise price Expiry rate – January 16, 2020 9,750,000 options [...]
