Thor Explorations Ltd - Mining Stock Analysis & Updates
Latest News and Market Performance for Thor Explorations Ltd
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Thor Explorations Ltd: Announces Director & PMDR Dealing
Thor Explorations' Non-Executive Chairman, Adrian Coates, bought 29,032 shares, holding about 0.33% of the company's stock.
Thor Explorations Announces Dividend - Foreign Exchange Rate Confirmation
Thor Explorations announces foreign exchange rates and payment details for its maiden dividend, payable on May 16, 2025, in various currencies for shareholders.
Thor Exploration Provides Dividend - Currency Election and Payment Currency Update
Thor Explorations updates currency payment options due to admin issues, with payments in GBP, CAD, or directly, and announces maiden dividend timetable.
Dividend - Currency Election and Payment Currency Update
Thor Explorations updates its dividend timetable, now due on May 15, 2025, with currency options and a new election date, related to its mineral projects in Africa.

Thor Explorations Ltd: Director & PDMR Dealing

Thor Explorations Announces Q1 2025 Operating Update

Thor Explorations Announces Audited Financial and Operating Results for the Full Year and the Unaudited Three Months Ending December 31, 2024 and Maiden Dividend
Thor Explorations Ltd. announces its operational and financial review for Q4 2024, highlighting increased gold sales and revenue, reduced costs, and a net profit of $91.1 million. The company has fully settled its senior debt and declared its first dividend.

Thor Explorations Announces Release of Fact-Finding Committee Report on Osun State Dispute
Thor Explorations' subsidiary, SROL, received a report confirming its compliance with legal obligations in a dispute with the Osun State Government, dismissing allegations of wrongdoing and environmental pollution. A revised tax invoice was recommended for reconciliation.

Thor Explorations Announces Drilling Results and Update on the Douta Gold Project, Senegal
Thor Explorations Ltd. has announced the successful drilling of two discovery holes at the Douta-West licence in Senegal, part of the Douta Gold Project. The drilling results indicate significant gold grades, marking progress in their 2025 exploration program.

Thor Explorations Announces Board Change
Thor Explorations Ltd. announces the appointment of Franklin Edochie to its Board of Directors, replacing Osam Iyahen. Edochie brings 18 years of experience in the mining sector. The appointment is pending regulatory approval.

Thor Announces Correction - Exercise of Share Options
Thor Explorations Ltd. corrected its previous announcement regarding share options, stating that 790,000 shares were exercised, not 700,000. The additional 90,000 shares will be admitted to trading on AIM and TSX Venture Exchange on January 31, 2025.

Thor Explorations Announces Exercise of Share Options and Director Dealings
Thor Explorations Ltd. has exercised share options for 5.4 million common shares at 20 cents each, raising C$1.08 million. Additionally, 2.74 million shares were issued under a net settlement plan. A total of 8.14 million new shares will be admitted to trading on January 24, 2025.

Thor Explorations Announces Strong Q4 2024 Gold Production, 2025 Operating Guidance and Details of Investor Webinar
Thor Explorations Ltd. announced its Q4 and FY 2024 operational update for the Segilola Gold mine, reporting 85,057 oz of gold produced in 2024, with Q4 gold sales generating $62 million. The company has cleared its senior debt and projects 85,000-95,000 oz production for FY 2025.

Thor Explorations Announces Further Positive Drilling Results from Segilola Gold Mine
Thor Explorations Ltd. reports positive diamond drilling results from its Segilola Gold Mine in Nigeria, indicating potential resource expansion. Notable findings include intersections of high gold grades, prompting plans for continued drilling to explore the ore body's extent.

Thor Explorations Announces Results of Annual General Meeting
Thor Explorations Ltd. announced that all resolutions were passed at its Annual General Meeting on December 12, 2024. For more information, contact their team or brokers listed in the announcement. The release is not for U.S. dissemination.

Thor Explorations Announces Further Positive Diamond Drilling Results from Segilola Gold Mine
Thor Explorations Ltd reports positive results from its proof-of-concept drilling at the Segilola Gold Mine in Nigeria, revealing high-grade gold intersections. The successful findings prompt plans to expand drilling and potentially extend the mine's life and resources.

Thor Explorations Announces Exercise of Share Options and Director Dealings
On November 24, 2024, Thor Explorations Ltd. announced that Company Director Mr. Folorunso Adeoye has exercised share options for a total of 1,000,000 common shares at 20 Canadian Dollar cents per common share, for a total consideration of C$200,000. These new shares will be admitted to trading on AIM and the TSX Venture Exchange on November 28, 2024. Following this, Mr. Adeoye will have a beneficial holding of 22,349,721 common shares, which is 3.4% of the total issued share capital in the Company. Thor Explorations is a mineral exploration company with interests in Nigeria, Senegal, and Burkina

Thor Explorations Announces Third Quarter 2024 Financial and Operating Results, for the Three Months Ending September 30, 2024
Thor Explorations Ltd. has released a financial review for Q3 2024, highlighting its operations at the Segilola Gold mine and other mineral exploration properties in Africa. The report showed 18,167 ounces of gold sold at an average price of $2,328 per ounce, generating a revenue of $40.2 million and a net profit of $17.5 million. The company also reduced its senior debt facility to $3.9 million, which is expected to be fully repaid by the end of Q4. Additionally, Thor transitioned from a net debt position of $2.7 million to a net cash position of the same amount within the quarter. Operational highlights included an increase in productivity and a reduction in gold