Thor Mining Plc (“Thor” or the “Company”) (AIM, ASX: THR) advises that its shares have been placed in a trading halt on the ASX, requested by the Company pending the release of an announcement in relation to an upgraded Definitive Feasibility Study (“DFS”) on the Molyhil project.
On 8 January 2018 the Company announced an upgraded ore reserve and extended minelife and advised it was undertaking an upgraded DFS and on 1 August 2018 announced the upgraded DFS would be completed in the (current) September quarter of 2018. The Company now expects the upgraded DFS will be completed and announced on or around 23 August 2018.
The trading halt on the ASX is expected to be lifted at the earlier of an announcement to the market or at commencement of trading on the ASX on 23 August 2018 and a further announcement will be made at that time.
Trading in the Company’s ordinary shares will continue on AIM during this period
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Updates on the Company’s activities are regularly posted on Thor’s website www.thormining.com, which includes a facility to register to receive these updates by email, and on the Company’s twitter page @ThorMining.
If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates.
Terms of Website Use
All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned