Thor Mining: Thor raises exploration funds

PERTH (miningweekly.com) - Dual-listed Thor Mining will raise A$2.65-million in a share placement to fund uranium exploration activities in the US and to fund drilling at the Kelly's and Krona gold, nickel and lithium projects in the Pilbara. The company on Tuesday announced plans to place more than 378.5-million shares, at a price of 0.7c each, representing a discount of 22% to the company's last ASX-listed trading price on November 24, and a 23% discount to its volume weighted average share price for the 15 days prior to that date.