REG - Thor Explorations Ld - EXERCISE OF SHARE OPTIONS - CORRECTION

Thor ExplorationsAnnouncement

27/01/2025 17:45

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RNS Number : 8492U  Thor Explorations Ltd  27 January 2025

 

NEWS RELEASE

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR

DISTRIBUTION TO U.S. WIRE SERVICES

 

Thor Explorations Ltd / TSXV & AIM: THX / Sector: Mining

 

FOR IMMEDIATE RELEASE
 
              TSXV/AIM: THX

January 27,
2025

 

Vancouver, British Columbia

 

EXERCISE OF SHARE OPTIONS - CORRECTION

 

Thor Explorations Ltd. (TSXV/AIM: THX) ("Thor Explorations" or the "Company")
announces a correction to the exercise of share options announcement made on
21 January 2025.

 

The number of options exercised and received by other contractors was
incorrectly reported as 700,000 shares. 790,000 share options were exercised
and received by other contractors of the Company.

 

Application has been made for the additional 90,000 shares (the "New Shares")
to be admitted to trading on AIM ("Admission") on January 31, 2025. The New
Shares will also trade on the TSX Venture Exchange and rank pari passu to
existing shares.

 

Following the Admission, Thor Explorations' issued share capital will consist
of 664,334,710 common shares. The Company does not hold any shares in
treasury. Shareholders may use this figure as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company.

 

Following this share options exercise, the Company has no outstanding share
options.

 

 

 

About Thor Explorations

 

Thor Explorations Ltd. is a mineral exploration company engaged in the
acquisition, exploration and development of mineral properties located in
Nigeria, Senegal and Burkina Faso. Thor Explorations holds a 100% interest in
the Segilola Gold Project located in Osun State of Nigeria and has a 70%
economic interest in the Douta Gold Project located in south-eastern Senegal.
Thor Explorations trades on AIM and the TSX Venture Exchange under the symbol
"THX".

 

For further information please contact:

 

Thor Explorations Ltd

Email: info@thorexpl.com (mailto:info@thorexpl.com)

 

Canaccord Genuity (Nominated Adviser & Broker)

Henry Fitzgerald-O'Connor / James Asensio / Harry Rees

 

Tel: +44 (0) 20 7523 8000

 

Hannam & Partners (Broker)

Andrew Chubb / Matt Hasson / Jay Ashfield / Franck Nganou

 

Tel: +44 (0) 20 7907 8500

 

Ibu Lawson (Investor Relations)

Tel: +447909825446

Email: ibu.lawson@thorexpl.com

 

BlytheRay (Financial
PR)

Tim Blythe / Megan Ray / Said Izagaren

Tel: +44 207 138 3203

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

 

This press release does not constitute an offer to purchase securities. The
securities to be offered in the offering have not been and will not be
registered under the United States Securities Act of 1933, as amended, or any
state securities laws and may not be offered or sold in the United States or
to, or for the benefit or account of, a U.S. person, except pursuant to an
available exemption from such registration requirements.

 

 

 

 

 

 

 

 

 

 

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