REG - Thor Explorations Ld - PDMR Shareholding and Director Dealing

Thor ExplorationsAnnouncement

15/12/2021 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211215:nRSO6655Va&default-theme=true

RNS Number : 6655V  Thor Explorations Ltd  15 December 2021

 

 

 

 

NEWS RELEASE

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR

DISTRIBUTION TO U.S. WIRE SERVICES

 

FOR IMMEDIATE RELEASE
 
TSXV/AIM: THX

December 15,
2021

 

Vancouver, British Columbia

 

 

 

PDMR Shareholding and Director Dealing

 

Thor Explorations Ltd. (TSX VENTURE / AIM: THX) ("Thor Explorations" or the
"Company") announces that Mr Ben Hodges, Chief Financial Officer and Group
Secretary, and a PDMR, has carried out a "Bed and ISA" transaction, having
transferred 128,000 Common Shares from his share dealing account to his ISA on
14 December 2021.

 

The beneficial holding of Mr Hodges (and persons closely associated with him)
is unchanged following this transaction and Mr Hodges remains beneficially
interested in 210,000 Common Shares representing approximately 0.03% of the
total shareholding in the Company.

 

Additionally, Mr Adrian Coates, Non-Executive Chairman, has exercised options
over 500,000 new Common Shares at a price of CAD$0.12 each in the Company.
Following this transaction, Mr Coates holds an interest in 1,061,000 Common
Shares in the Company representing approximately 0.17% of the issued share
capital of the Company.

 

Application has been made for the 500,000 new Common Shares to be admitted to
trading on AIM and it is expected that Admission will occur on or around 20
December 2021 ("Admission").

 

Following Admission, the Company's issued share capital will consist of
632,358,009 Common Shares. Shareholders may use 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.

 

 

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 / Thomas Diehl

 

Tel: +44 (0) 20 7523 8000

 

Hannam & Partners (Broker)

Andrew Chubb / Matt Hasson / Nilesh Patel / Franck Nganou

 

Tel: +44 (0) 20 7907 8500

 

Fig House Communications (Investor Relations)

Tel: +1 416 822 6483

Email: investor.relations@thorexpl.com
(mailto:investor.relations@thorexpl.com)

 

Blytheweigh (Financial
PR)

Tim Blythe / Megan Ray / Rachael Brooks

Tel: +44 207 138 3203

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY    PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED  WITH
THEM

 

 1   Details  of the person discharging managerial  responsibilities/person
     closely associated

 a)  Name                                                         Ben Hodges

 2   Reason for the  notification

 a)  Position/status                                              Chief Financial Officer

 b)  Initial notification/ Amendment                              Initial notification

 3   Details  of the issuer, emission allowance market participant,  auction
     platform, auctioneer or auction  monitor

 a)  Name                                                         Thor Explorations Ltd.

 b)  LEI                                                          213800AXZ8468CQYVT76
 4   Details  of the transaction(s): section to be repeated for (i) each
     type    of instrument;  (ii) each type of transaction; (iii) each date;
     and (iv) each place where transactions have been conducted

 a)  Description of the financial instrument, type of instrument  Common Shares of no par value

     Identification code                                          CA8851491040
 b)  Nature of the transaction                                    1.   Sale of Common Shares from share dealing account

                                                                  2.   Purchase of Common Shares into ISA account
 c)  Price(s) and volume(s)                                       Price(s)                        Volume(s)

                                                            15.03 pence                     128,000

 d)  Aggregated information

Price(s)                        Volume(s)  Total
                                                                  15.03 pence                     128,000    £19,238.40

     - Aggregated volume

     - Price

 e)  Date of the transaction                                      13 December 2021

 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 Price(s)                        Volume(s)  Total
 15.03 pence                     128,000    £19,238.40

 

e)

Date of the transaction

 

13 December 2021

 

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 

 

 

 1   Details  of the person discharging managerial  responsibilities/person
     closely associated

 a)  Name                                                         Adrian Coates
 2   Reason for the  notification

 a)  Position/status                                              Non-Executive Chairman

 b)  Initial notification/ Amendment                              Initial notification

 3   Details  of the issuer, emission allowance market participant,  auction
     platform, auctioneer or auction  monitor

 a)  Name                                                         Thor Explorations Ltd.

 b)  LEI                                                          213800AXZ8468CQYVT76
 4   Details  of the transaction(s): section to be repeated for (i) each
     type    of instrument;  (ii) each type of transaction; (iii) each date;
     and (iv) each place transactions have been conducted

 a)  Description of the financial instrument, type of instrument  Common shares of CAD$0.12 each

     Identification code

                                                                  CA8851491040
 b)  Nature of the transaction                                    Exercise of share options

 c)  Price(s) and volume(s)                                       Price(s)                        Volume(s)

                                                            CAD$0.12                        500,000

 d)  Aggregated information

     - Aggregated volume                                          500,000

     - Price                                                      CAD$60,000

 e)  Date of the transaction                                      14 December 2021

 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

500,000

 

CAD$60,000

 

e)

Date of the transaction

 

14 December 2021

 

f)

Place of the transaction

Outside a trading venue

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHEAFALFSPFFAA