Thor Mining (GB:THR) has released an update.
Thor Energy PLC has successfully raised A$1.3 million through the issuance of new shares to accelerate exploration in their uranium and copper projects in the USA and South Australia. The funds were raised through placements with institutional shareholders, with a trading halt on the company’s shares being lifted as a result. Directors of the company have also invested in the new shares, which are subject to shareholder approval at an upcoming general meeting.
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