Source - Alliance News

Thor Explorations Ltd - Vancouver-based mineral explorer with assets in west Africa - Narrows annual loss in 2021 as it makes a revenue. Annual pretax loss shrinks to C$2.6 million, about £1.6 million, from C$3.9 million in 2020. Revenue amounts to C$7.8 million, made entirely through gold sales, versus nothing in 2020. Confirms full year guidance from March, aiming for 80,000 to 100,000 ounces of gold during 2022.

Current stock price: 18.10 pence, up 2.0% on Tuesday

12-month change: down 12%

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