Shares in Thor Mining PLC (LON:THR) have been placed in a trading halt on the ASX, requested by the Company pending the release of an announcement in relation to an upgraded definitive feasibility study on the Molyhil project.
On 8 January 2018 the company announced an upgraded ore reserve and extended mine life and advised it was undertaking an upgraded DFS, and on 1 August 2018 announced the upgraded DFS would be completed in the (current) September quarter of 2018. The company now expects the upgraded DFS will be completed and announced on or around 23 August 2018.
WATCH: Thor Mining cashed up and seeing ‘progress on all fronts’
The trading halt on the ASX is expected to be lifted at the earlier of an announcement to the market or at the commencement of trading on the ASX on 23 August 2018 and a further announcement will be made at that time.
Trading in the Company's ordinary shares will continue on AIM during this period.