RE: Pilot Mountain PFS7 Sep 2018 10:06
To achieve the range outcomes indicated in the Scoping Study, additional funding will likely be required. Investors should note that there is no certainty that Thor will be able to raise funding when needed. It is also possible that such funding may only be available on terms that dilute or otherwise affect the value of the existing shares in Thor Mining. It is also possible that Thor could pursue other 'value realisation' strategies such as sale, partial sale, or joint venture of the Project. If it does, this could materially reduce the Company's proportionate ownership of the Project.