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Thor Explorations Ltd.: Thor Explorations Announces Exercise of Share Options and PDMR Dealing

6 Jul 2021 07:46

Thor Explorations Ltd. (THX) Thor Explorations Ltd.: Thor Explorations Announces Exercise of Share Options and PDMR Dealing 06-Jul-2021 / 08:45 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


Thor Explorations Announces Exercise of Share Options and PDMR Dealing

Vancouver, British Columbia--(Newsfile Corp. - July 6, 2021) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") announces the exercise of share options for 500,000 common shares without par value at a price of 12 cents per common share in the share capital of the Company ("New Shares") by Alfred Gillman, Group Exploration Manager and PDMR, for an aggregate consideration of $60,000. The New Shares will rank pari passu with the existing shares and application has been made for the 500,000 New Shares to be admitted to trading on AIM ("Admission") on 9 July 2021. The New Shares will also trade on the TSX Venture Exchange.

Following the Admission, Thor Explorations' issued share capital will consist of 623,570,509 common shares. The Company does not hold any shares in treasury. 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.

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 LtdEmail: info@thorexpl.com

Canaccord Genuity (Nominated Adviser & Broker)Henry Fitzgerald-O'Connor / James Asensio / Thomas DiehlTel: +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 6483Email: investor.relations@thorexpl.com

Blytheweigh (Financial PR)Tim Blythe / Megan Ray / Rachael BrooksTel: +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.

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alfred Gillman

2.

Reason for the notification

a)

Position / status

Group Exploration Manager

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 instrumentIdentification Code

Common Shares of no par value

b)

Nature of the transaction(s)

Acquisition of common shares via exercise of options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

12 cents

500,000

 

d)

Aggregated information- Aggregated volume- Price

Price(s)

Volume(s)

12 cents

500,000

 

e)

Date of the transaction

July 6, 2021

f)

Place of the transaction

outside a trading venue

 

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES.

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89389

 

 


ISIN:CA8851491040
Category Code:DSH
TIDM:THX
LEI Code:213800AXZ8468CQYVT76
Sequence No.:115438
EQS News ID:1215481
 
End of AnnouncementEQS News Service

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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12th Jun 202412:41 pmRNSDirector Dealing
29th May 20247:00 amRNSFIRST QUARTER 2024 FINANCIAL AND OPERATING RESULTS
24th May 20247:00 amRNSMandatory Resignation of Auditor
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25th Apr 202412:00 pmRNSThor Explorations to host investor webinar
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15th Jan 20247:00 amRNSQ4 2023 OPERATING UPDATE & 2024 OPERATING GUIDANCE
15th Dec 20235:45 pmRNSResults of Annual General Meeting
27th Nov 20237:00 amRNSThird Quarter 2023 Financial & Operating Results
23rd Nov 202312:30 pmRNSAttendance at Mines & Money @ Resourcing Tomorrow
16th Nov 202310:10 amRNSNOTICE OF ANNUAL GENERAL MEETING
17th Oct 20237:00 amRNSQ3 2023 OPERATING UPDATE
28th Sep 20234:45 pmRNSEXERCISE OF SHARE OPTIONS AND DIRECTOR DEALINGS
31st Aug 20237:00 amRNSDOUTA GOLD PROJECT DRILLING RESULTS
24th Aug 20237:00 amRNSSECOND QUARTER 2023 FINANCIAL & OPERATING RESULTS
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12th Jul 20237:00 amRNSQ2 2023 OPERATING UPDATE
15th Jun 20239:12 amRNSEXERCISE OF SHARE OPTIONS AND DIRECTOR DEALINGS
6th Jun 20237:00 amRNSEXERCISE OF SHARE OPTIONS AND DIRECTOR DEALINGS
31st May 20237:00 amRNSFORMATION OF NIGERIA FOCUSED LITHIUM SUBSIDIARY
30th May 20237:00 amRNSFIRST QUARTER 2023 FINANCIAL AND OPERATING RESULTS
5th May 20236:00 pmRNSFILING OF NI 43-101
2nd May 20237:00 amRNSThor Explorations Announces Full Year Results
17th Apr 20237:00 amRNSQ1 2023 OPERATING UPDATE
20th Mar 20237:00 amRNSUPDATED MINERAL RESOURCE ESTIMATE AT DOUTA
27th Feb 20237:00 amRNSSEGILOLA EXPLORATION UPDATE
2nd Feb 20237:00 amRNSAMENDMENT AND RESCHEDULING OF SENIOR DEBT FACILITY
10th Jan 20237:00 amRNSQ4 2022 Operational Update
22nd Dec 202210:51 amEQSThor Explorations rounds out 2022 with fresh drill results from Douta Gold Project
20th Dec 20227:00 amRNSSIGNIFICANT GOLD GRADES FROM DRILLING AT DOUTA
19th Dec 20227:00 amRNSEXERCISE OF SHARE OPTIONS
30th Nov 20227:00 amRNSThird Quarter Financial and Operating Results
18th Nov 20227:00 amRNSNOTICE OF ANNUAL GENERAL MEETING
16th Nov 20227:00 amRNSFURTHER HIGH GRADE INTERSECTIONS AT DOUTA
11th Oct 20227:00 amRNSQ3 2022 OPERATING UPDATE
12th Sep 20227:30 amRNSNEW SAMBARA DISCOVERY AND DRILL RESULTS AT MAKOSA
30th Aug 20227:00 amRNSSECOND QUARTER 2022 FINANCIAL & OPERATING RESULTS
8th Jul 20223:35 pmRNSQ2 2022 OPERATING UPDATE
6th Jun 20227:00 amRNSDirector & PDMR Dealing
31st May 20228:30 amRNSFIRST QUARTER 2022 FINANCIAL AND OPERATING RESULTS
3rd May 20227:00 amRNSFinal Results
11th Apr 20227:00 amRNSSEGILOLA GOLD MINE Q1 OPERATIONAL UPDATE
8th Mar 202210:39 amRNSSEGILOLA GOLD PROJECT FEBRUARY PRODUCTION UPDATE
4th Mar 20227:03 amEQSThor Exploration Ltd: Director Dealing
7th Feb 20227:00 amRNSDrilling Commences at Douta Gold Project
17th Jan 20227:00 amRNSEXERCISE OF SHARE OPTIONS AND DIRECTOR DEALINGS
10th Jan 20227:00 amRNSOPERATIONAL UPDATE AND GOLD PRODUCTION GUIDANCE
20th Dec 20217:02 amEQSResults of Annual General and Special Meeting
15th Dec 20217:00 amRNSPDMR Shareholding and Director Dealing
12

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