Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Thor Explorations ( (TSE:THX) ) has provided an announcement.
Thor Explorations has awarded 3,826,963 restricted share units under its long-term incentive plan to senior management and employees, with the RSUs vesting in three equal annual tranches starting 2 January 2026, contingent on ongoing service. Settlement of the first tranche will be made through the issue of 1,275,654 new common shares, which will be admitted to trading on AIM and the TSX Venture Exchange, taking the company’s issued share capital to 666,573,136 shares and modestly diluting existing shareholders while further aligning management and employee incentives with long-term shareholder value.
More about Thor Explorations
Thor Explorations Ltd is a West Africa-focused mineral exploration and production company with assets in Nigeria, Senegal, Côte d’Ivoire and Burkina Faso. It holds a 100% interest in the Segilola Gold Project in Osun State, Nigeria, a 100% economic interest in the Douta Gold Project in south-eastern Senegal, and a 100% interest in the Guitry Gold Project in Côte d’Ivoire, and its shares trade on both AIM and the TSX Venture Exchange under the symbol THX.
Learn more about THX stock on TipRanks’ Stock Analysis page.