Thor Mining PLC - Receipt of Research & Development Tax Incentive
THOR MINING PLC
The directors of Thor Mining Plc ("Thor") (AIM, ASX: THR) are pleased to advise receipt of
The refund covers a portion of expenditure during the 2019/20 fiscal year on eligible research activities on Australian projects.
"We are very pleased to have our cash position boosted by this R & D refund."
"Thor Mining is entering a period of very active work at our
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
About Thor Mining PLC
Thor Mining PLC (AIM, ASX: THR) is a resources company quoted on the AIM Market of the London Stock Exchange and on ASX in
Thor holds 100% of the advanced Molyhil tungsten project in the
Adjacent Molyhil, at Bonya, Thor holds a 40% interest in deposits of tungsten, copper, and vanadium, including an Inferred resource for the Bonya copper deposit².
Thor is also acquiring up to a 30% interest in Australian copper development company EnviroCopper Limited, which in turn holds rights to earn up to a 75% interest in the mineral rights and claims over the resource on the portion of the historic Kapunda copper mine in
Thor holds 100% of the
At the 100% owned Ragged Range Project in the Pilbara region of
"Thor holds mineral claims in the US states of
¹ Refer ASX and AIM announcement of
² Refer ASX and AIM announcement of
³ Refer AIM announcement of
⁴ Refer AIM announcement of
⁵ Refer ASX and AIM announcement of
Quick facts: Thor Mining PLC
Market Cap: £17.27 m
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