Thor Explorations Acquires Interest in Bongui and Legue Gold Permits

Thor Explorations Ltd. (TSXV:THX) announced that their wholly-owned subsidiary, African Star Resources Incorporated, has exercised its option to acquire an 85% interest in the Bongui and Legue gold permits.

As quoted in the press release:

As consideration for the exercise of the Option, Thor issued to Constelor Holdings, 1,666,667 Thor common shares for value of US$250,000 at C$0.15 per share. In consideration of Constelor granting the Option, African Star had paid US$42,000 to Constelor on execution of the Option Agreement.

To view the whole press release, click here.