Thor Explorations Ltd V.THX

Alternate Symbol(s): THXPF

Metals & Mining Gold

Thor Explorations Ltd. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, development and production of mineral properties located in Nigeria, Senegal and Burkina Faso. It holds a 100% interest in the Segilola Gold Project located in Osun State, Nigeria and has a 70% economic interest in the Douta Gold Project located in south-eastern Senegal. The Company’s flagship project is the gold producing Segilola Gold Project located in Osun State, Nigeria, approximately 120 kilometers (km) northeast of Lagos. The Douta Gold Project is a gold exploration permit, E02038, which covers an area of approximately 58 square kilometers (km2) and is located within the Kenieba inlier, eastern Senegal. The Company also owns approximately 85% interest in the Douta-West Licence which lies contiguous to the Douta Gold Project and over 80% interest in the Sofita Licence located approximately 20 kilometers (kms) south of the Douta Gold Project.

TSXV:THX - Post by User

Thor Explorations Ltd > Thank you THX. Thank you market.

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Comment by ABDPhilon Jan 10, 2022 10:53am

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Post# 34299800

RE:RE:Thank you THX. Thank you market.

I have to admit, this is good news. The quality of fundamentals has greatly improved and the market capitalization is now $ 150 million.

In the short term, there is the equivalent of 10,000,000 12-cent call options that can be exercised by January 16. If the underlying shares are sold, it could put pressure on the SP. However, this should not prevent THX from appreciating in the medium term.

Good luck to you

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