REG - Thor Explorations Ld - Mandatory Resignation of Auditor

Thor ExplorationsAnnouncement

24/05/2024 07:00

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RNS Number : 7483P  Thor Explorations Ltd  24 May 2024

 

 

 

 

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NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR

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 24 May, 2024  TSXV/AIM: THX

 

Mandatory Resignation of Auditor

 

Thor Explorations Ltd. (TSXV / AIM: THX) ("Thor Explorations", "Thor" or the
"Company") announces that BDO (UK) LLP ("BDO"), the Company's auditors since
October 2017 have notified the Board of Thor of its decision to resign in
relation to the Company and its subsidiaries.

BDO has confirmed that the reason for the resignation is due to a regulatory
requirement in British Columbia, Canada which requires that locally registered
companies retain a British Columbia registered auditor.

The Board is of the opinion that there were no "reportable events" as defined
by section 4.11 of National Instrument 51 - 102 - Continuous Disclosure
Obligations, which occurred in connection with the audit of the two most
recently completed fiscal years or for any period subsequent to the most
recently completed fiscal period for which an Auditors' Report was issued.

The process to appoint a new independent auditor for the Company is already
underway and further announcements will be made in due course.

 

 

 

About Thor Explorations

 

Thor Explorations Ltd. is a mineral exploration company engaged in the
acquisition, exploration, development and production of mineral properties
located in Nigeria, Senegal and Burkina Faso. Thor Explorations holds a 100%
interest in the Segilola Gold Project located in Osun State, Nigeria and has a
70% economic interest in the Douta Gold Project located in south-eastern
Senegal. Thor Explorations trades on AIM and the TSX Venture Exchange under
the symbol "THX".

 

THOR EXPLORATIONS LTD.

Segun Lawson

President & CEO

 

For further information please contact:

 

Thor Explorations Ltd

Email: info@thorexpl.com

 

Canaccord Genuity (Nominated Adviser & Broker)

Henry Fitzgerald-O'Connor / James Asensio / Harry Rees

 

Tel: +44 (0) 20 7523 8000

 

Hannam & Partners (Broker)

Andrew Chubb / Matt Hasson / Jay Ashfield / 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 / Zara McKinlay

 

Tel:  +44 (0) 20 3004 9512

 

 

 

 

 

 

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