Thor completes American Vanadium buy

Aim- and ASX-listed Thor Mining has completed the acquisition of privately held American Vanadium, which holds interests in uranium and vanadium projects in Colorado and Utah.

Thor in June this year announced an option agreement to acquire American Vanadium consideration comprises an exclusivity fee of A$100 100, of which A$50 100 will be satisfied by the issue of just over 8.3-million ordinary shares in Thor Mining.