Thor Mining (AIM, ASX: THR) has advised that, contrary to certain online reports, Mining Title ML23825, which comprises part of Thor’s Molyhil tungsten-molybdenum development project, is not for sale.
Thor holds the executed instrument of transfer for the transfer of 100% of the Mining Title to its wholly owned subsidiary, Molyhil Mining Pty Ltd.
The agreed consideration has been paid in full and Thor assumed all liabilities in respect of the Mining Title on the vendor signing the instrument of transfer.
The transfer of title is in process with the relevant Northern Territory authorities and a further update will be made prior to the General Meeting on Wednesday 8 July 2009.www.proactiveinvestors.com.au
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