Thor Explorations (THX-V) Zombie pick JK w/Allan Barry Extension of US$15 Million PP
July 17, '19 - NR
Thor Exploration announces that further to its news releases dated April 30, 2019 and June 17, 2019, the Company’s proposed private placement (the “Offering”) 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 Company receiving Africa Finance Corporation (“AFC”) board approval for the US$78 million finance announced on 15 April 2019, the documentation for AFC’s equity investment has now been agreed and finalised and will be submitted to the TSX Venture Exchange for approval.
About Thor Thor Explorations Ltd. is a Canadian mineral exploration company engaged in the acquisition, exploration and development of mineral properties located in Nigeria, Senegal and Burkina Faso. Thor holds a 100% interest in the Segilola Gold Project located in Osun State of Nigeria and a 70% interest in the Douta Gold Project located in south-eastern Senegal. Thor also holds a 49% interest in the Bongui and Legue gold permits located in Houndé greenstone belt, south west Burkina Faso. Thor trades on the TSX Venture Exchange under the symbol “THX”.
THOR EXPLORATIONS LTD. Segun Lawson President & CEO
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.
 For further information please contact: Tel: 778-373-0102 Fax: 604-434-1487 Email: info@thorexpl.com |