May 12, 2017 / 2:55 PM / 7 months ago

BRIEF-Thor Explorations increases size of private placement

May 12 (Reuters) - Thor Explorations Ltd:

* Thor increases size of private placement

* Under terms of offering, company proposes to issue up to 16 million common shares

* Increase maximum size of private placement from $2 million to $2.4 million

* Company intends to use proceeds of offering to continue its exploration activities on Segilola Project

* Has elected to increase price per common share of private placement from $0.145 per common share to $0.15 per common share Source text for Eikon: Further company coverage:

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