TSX-V-listed Thor Explorations intends to raise $10-million and, in cooperation with certain shareholders, place up to $5-million of previously issued stock via a best-efforts brokered private placement. The private placement will comprise up to 40-million units with each unit consisting of up to two common shares issued from treasury at a price of C$0.18 a share and up to one previously issued common share issued at a price of C$0.16 a share.
