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Thor Explorations Provides an Update on the Filing of Q1 2020 Unaudited Financial Statements
VANCOUVER, British Columbia, June 01, 2020 (GLOBE NEWSWIRE) -- Thor Explorations Ltd. (TSX VENTURE: THX) (“Thor” or the “Company”) announces that as a result of
About this update from Thor Explorations Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, June 01, 2020 (GLOBE NEWSWIRE) -- Thor Explorations Ltd. (TSX VENTURE: THX) (“Thor” or the “Company”) announces that as a result of the COVID-19 pandemic it will be relying on the coordinated relief provided by the securities regulators for an extension to the deadline for certain periodic filings. The Canadian Securities Administrators granted blanket relief for all market participants, providing up to a 45-day extension for periodic filings normally required to be made on or before June 1, 2020. In accordance with the blanket relief, the Company will delay the filing of its unaudited annual financial statements for the quarter ended Mar. 31, 2020, the management's discussion and analysis (MD&A) for the corresponding period, and related management certifications of quarterly filings. The company intends to file these documents prior to mid-August under the terms of the 45-day extension announced by the B.C. Securities Commission under BCI 51-515, dated March 23, 2020. Until such time as the filings are made, Thor’s management and other insiders are subject to a trading blackout that reflects the principles contained in Section 9 of National Policy 11-207 -- Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions. Other than as disclosed in the company's press releases, there have not been any material business developments since the date on which the company filed its interim consolidated financial statements for the three and nine-month periods ended Sept. 30, 2019. About Thor Thor Explorations Ltd. is a Canadian mineral exploration company engaged in the acquisition, exploration and development of mineral properties located in Nigeria, Senegal and Burkina Faso. Thor holds a 100% interest in the Segilola Gold Project located in Osun State of Nigeria and a 70% interest in the Douta Gold Project located in south-eastern Senegal. Thor also holds a 49% interest in the Bongui and Legue gold permits located in Houndé greenstone belt, south west Burkina Faso. Thor trades on the TSX Venture Exchange under the symbol “THX”. THOR EXPLORATIONS LTD. Segun Lawson President & CEO Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this relea...