Thor Explorations Ltd

Canaccord Genuity acts as Nomad and Joint Broker to Thor Explorations Ltd on its dual listing on AIM

Canaccord Genuity’s Corporate Broking team is pleased to announce it has acted as Nominated Adviser and Joint Broker on the AIM listing of Thor Explorations Ltd (“Thor Explorations” or the “Company”), which admitted to trading on the London Stock Exchange on 22 June 2021. This listing is supplementary to the Company's listing on the TSX-V in Canada.

Thor Explorations (THX:TSX-V; THX.L) is a West African focused gold company with its flagship Segilola gold mine under construction in Nigeria and set to become the first large-scale industrial gold mine in the country. Thor also owns development projects and exploration properties in Nigeria, as well as a 70% economic interest in a highly prospective region in Senegal. The Segilola gold project is scheduled to deliver first gold pour in July 2021, prior to completion of EPC plant performance conditions which is scheduled for August 2021, positioning Thor as a high-grade, low-cost gold producer.

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 the dual listing will increase access to UK and European investors, provide additional liquidity for the Company's current and future shareholders, and broaden the marketing of the Company's shares.