Thor Explorations Ltd EXERCISE OF SHARE OPTIONS AND DIRECTOR DEALINGS (0571O)
29 9월 2023 - 12:45AM
UK Regulatory
TIDMTHX
RNS Number : 0571O
Thor Explorations Ltd
28 September 2023
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
September 28, 2023
Vancouver, British Columbia
EXERCISE OF SHARE OPTIONS AND DIRECTOR DEALINGS
Thor Explorations Ltd. (TSXV/AIM: THX) ("Thor Explorations" or
the "Company") announces the exercise of share options ("Options")
for a total of 750,000 common shares without par value at 14
Canadian Dollar cents per common share in the share capital of the
Company ("New Shares"). The Options have been exercised by Company
Director Mr Collin Ellison for total consideration of C$105,000.
The New Shares will rank pari passu with the existing shares and
application has been made for the 750,000 New Shares to be admitted
to trading on AIM ("Admission") on October 4, 2023. The New Shares
will also trade on the TSX Venture Exchange.
Following the Admission, Thor Explorations' issued share capital
will consist of 655,101,952 common shares and Mr Ellison (and
persons closely associated with him) will have a beneficial holding
of 750,000 common shares which equates to 0.11% of the total issued
share capital in the Company. 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.
About Thor Explorations
Thor Explorations Ltd. is a mineral exploration company engaged
in the acquisition, exploration, 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
Canaccord Genuity (Nominated Adviser & Broker)
Henry Fitzgerald-O'Connor / James Asensio
Tel: +44 (0) 20 7523 8000
Hannam & Partners (Broker)
Andrew Chubb / Matt Hasson / Jay Ashfield / Franck Nganou
Tel: +44 (0) 20 7907 8500
Fig House Communications (Investor Relations)
Tel: +1 416 822 6483
Email: investor.relations@thorexpl.com
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
Yellow Jersey PR (Financial PR)
Charles Goodwin / Shivantha Thambirajah / Soraya Jackson
Tel: +44 (0)7747 788 221/+44 (0)7983 521 488
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.
The following disclosures are made in accordance with Article 19
of the UK Market Abuse Regulation 596/2014 as it forms part of UK
law.
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Collin Ellison
------------------------------ ------------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
a) Position / status Non-Executive Director
------------------------------ ------------------------------------------
b) Initial notification Initial notification
/ amendment
------------------------------ ------------------------------------------
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 Common Shares of no par value
financial instrument,
type of instrument
Identification Code
------------------------------ ------------------------------------------
b) Nature of the transaction(s) Acquisition of common shares via exercise
of options
------------------------------ ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
C$14 cents 750,000
----------
------------------------------ ------------------------------------------
d) Aggregated information Price(s) Volume(s)
* Aggregated volume C$14 cents 750,000
----------
* Price
------------------------------ ------------------------------------------
e) Date of the transaction 28 September 2023
------------------------------ ------------------------------------------
f) Place of the transaction Outside a Trading Venue
------------------------------ ------------------------------------------
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END
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September 28, 2023 11:45 ET (15:45 GMT)
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