The Board of Thor Mining Plc (“Thor”) (AIM, ASX:THR) provide the following update on the sale of its Spring Hill Gold Project to private Australian company, PC Gold Pty Ltd (“PC Gold”), for A$3.5 million, plus royalties, originally announced on 16 December 2015.
As announced at the time, the agreement with PC Gold is subject to receipt by that company of an unconditional financing offer from a precious metal private equity fund based in San Francisco, USA.
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