Thor Explorations Announces Exercise of Share Options and Director Dealings

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Overig advies 22/01/2025 06:18
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2025) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") announces the exercise of share options ("Options") for a total of 5,400,000 common shares without par value at a price of 20 Canadian cents per common share in the share capital of the Company. The Options have been exercised by Directors, Persons Discharging Managerial Responsibilities ("PDMR") and other contractors per the table below, for an aggregate cash consideration of C$1,080,000.

In addition to the 5,400,000 common shares issued for cash, 2,742,758 common shares were issued to Directors and PDMRs of the Company at 20 Canadian cents each on a net settlement basis as permitted under the Rules of the Company's Omnibus Equity Incentive Plan 2022.

Application has been made for 8,142,758 shares (the "New Shares") to be admitted to trading on AIM ("Admission") on January 24, 2025. The New Shares will also trade on the TSX Venture Exchange and rank pari passu to existing shares.

see & read more on
https://www.newsfilecorp.com/release/237834/



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