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Thor denies Molyhil project talks

By BFN News | 02:07 PM | Monday 27 April, 2015


Thor Mining has denied it is holding talks over the Molyhil project in Indonesia or that it has publicly made any comments to this effect. The directors said they noted the recent increase in the company's trading volumes and also certain bulletin board speculation. The board confirmed that it was not aware of any reason for the increase in trading volumes and specifically confirmed that the company had not held any discussions regarding the Molyhil project. It says that notwithstanding this, several entities are reviewing the Molyhil project, however these assessments may or may not lead to agreements. The directors are hopeful that a financing arrangement will be achieved in the near term and any financing will be announced to the market if and when it occurs. At 2:07pm: (LON:THR) Thor Mining PLC share price was -0.01p at 0.07p Story provided by StockMarketWire.com

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