Thor Explorations has announced its intention to seek admission to trading of its common shares on the AIM market of the London Stock Exchange.
The Company is targeting Admission during Q2 2021. This listing is supplementary to the company’s listing on the TSX-V in Canada.
The dual listing is intended to further raise the profile and status of the Company with the global investment community. In addition, the Company intends that Admission will:
- increase access to UK and European investors
- provide additional liquidity for the Company’s current and future shareholders
- broaden the marketing of the Company’s shares
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Segun Lawson, President & CEO, states:
“Thor Explorations has advanced significantly, in both project development and capitalisation since the acquisition of Segilola in 2016. This year, the Company is well positioned to achieve two major milestones with the commencement of gold production at Segilola in Nigeria and a maiden resource at Douta in Senegal, as well as continuing to progress our highly prospective Nigerian exploration portfolio on the Ilesha Schist belt.
“The Company is seeking admission to AIM with near term production, a clearly defined growth strategy, a positive market setting for gold and a track record of exploration and development success.
“I am looking forward to working with our existing and new investors in the London market to deliver the significant potential of this company.”