Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") announces that Adbro Limited of which the beneficial owner is Mr. Folorunso Adeoye, Non-Executive Director of Thor Explorations, purchased 306,818 Common Shares on 20 June, 2025.
Adbro Limited retains a beneficial interest in 22,656,539 Common Shares, being the entirety of Mr. Folorunso Adeoye's holding in the Company, representing approximately 3.4% of the total issued share capital in the Company.
For further information please contact:
Thor Explorations Ltd
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Canaccord Genuity (Nominated Adviser & Broker)
James Asensio / Henry Fitzgerald-O'Connor / Harry Rees
Tel: +44 (0) 20 7523 8000
Hannam & Partners (Broker)
Andrew Chubb / Matt Hasson / Nilesh Patel / Franck Nganou
Tel: +44 (0) 20 7907 8500
BlytheRay (Financial PR)
Tim Blythe / Megan Ray / Said Izagaren
Tel: +44 207 138 3203
Yellow Jersey PR (Financial PR)
Charles Goodwin / Shivantha Thambirajah / Soraya Jackson
Tel: +44 (0) 20 3004 9512
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.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||||
| a) | Name | Adbro Limited | ||||||||
| 2. | Reason for the notification | |||||||||
| a) | Position / status | *Mr. Folorunso Adeoye, Non-Executive Director of Thor Explorations, is the beneficial owner of Adbro Limited | ||||||||
| b) | Initial notification / amendment | Initial notification | ||||||||
| 3. | Details of the issuer , emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
| a) | Name | Thor Explorations Ltd | ||||||||
| b) | LEI | 213800AXZ8468CQYVT76 | ||||||||
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||
| a) | Description of the financial instrument, type of instrument Identification Code |
Common Shares of no par value CA8851491040 |
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| b) | Nature of the transaction(s) | Purchase of Common Shares | ||||||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price |
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| e) | Date of the transaction | June 20 2025 | ||||||||
| f) | Place of the transaction | Toronto Stock Exchange | ||||||||
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
