Grant of Board Options
Suite 1010, 1075 West Georgia Street Vancouver, BC, Canada V6E 3C9 Tel: 1.778.373.0102 Fax: 1.604.639.4670
NEWS RELEASE
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
FOR IMMEDIATE RELEASE TSXV: THX October 8, 2018 Shares Outstanding: 370,682,965 Vancouver, British Columbia
GRANT OF BOARD OPTIONS
Thor Explorations Ltd. (TSX VENTURE: THX) (“Thor” or the “Company”) wishes to announce the grant of 750,000 stock options pursuant to its approved stock option plan to directors of the Company. The options were granted at an exercise price of $0.14 per share for a period of five years and amount to 0.2% of the issued share capital in total.
About Thor Thor Explorations Ltd. is a Canadian mineral exploration company engaged in the acquisition, exploration and development of mineral properties located in Nigeria, Senegal and Burkina Faso. Thor holds a 100% interest in the Segilola Gold Project located in Osun State of Nigeria and a 70% interest in the Douta Gold Project located in south-eastern Senegal. Thor also holds a 49% interest in the Bongui and Legue gold permits located in Houndé greenstone belt, south west Burkina Faso. Thor trades on the TSX Venture Exchange under the symbol “THX”.
THOR EXPLORATIONS LTD.
Segun Lawson President & CEO
For further information please contact:
Tel: 778-373-0102 Fax: 604-434-1487 Email: [email protected]
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.