– CANADA, Vancouver – Thor Explorations Ltd. (TSX: THX) today announced the appointment of Osam Iyahen to its Board of Directors, effective immediately, as the nominee of Africa Finance Corporation.
Thor Explorations granted to the Africa Finance Corporation the right to nominate one Board Director as part of the investment in the Company.
“We are delighted to welcome Osam Iyahen to Thor’s Board of Directors. As Head of Natural resources at AFC, he brings significant expertise and in country knowledge that will further strengthen the Company’s board. We look forward to working with both Osam and the AFC as the Project enters into production.” said CEO, Segun Lawson.
About Osam Iyahen
Mr. Iyahen is a Senior Director and the Head of Natural Resources at the Africa Finance Corporation and has over 20 years’ experience driving natural resource and multibillion-dollar infrastructure finance transactions. Mr Iyahen has successfully executed natural resource transactions across Africa, with over $1billion capital deployed.
About Thor Explorations
Thor Explorations Ltd. is a Canadian mineral exploration company engaged in the acquisition, exploration and development of mineral properties located in Nigeria, Senegal and Burkina Faso. Thor holds a 100% interest in the Segilola Gold Project located in Osun State of Nigeria and a 70% interest in the Douta Gold Project located in south-eastern Senegal. Thor also holds a 100% interest in the Bongui and Legue gold permits located in Houndé greenstone belt, south west Burkina Faso. Thor trades on the TSX Venture Exchange under the symbol “THX”.
For more information : https://www.thorexpl.com/
AFC was established in 2007 to be the catalyst for private sector-led infrastructure investment across Africa. It is the second highest investment-grade rated multilateral financial institution in Africa. AFC’s approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth. AFC invests in high-quality infrastructure assets that provide essential services in the core sectors of power, natural resources, heavy industry, transport, and telecommunications. To date, the Corporation has invested over US$9.1 billion in projects in 35 countries across Africa.
For more information : https://www.africafc.org/
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