Mick Billing, Executive Chairman of Thor said: "I am delighted with the funds raised and particularly that this incoming finance was secured at the bid price of Thor with no discount applied.
"Just as important, the money raised supports our plans for accelerating the development of our business.
"In addition to the funds raised through the Placement, a further A$1.5m is payable to the Company within the next nine months following the sale of the Spring Hill Gold Project as announced recently."
asic - do something already- what a joke
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