Unlocking Africa’s oil and gas potential is now imperative against the backdrop of the war in Ukraine and the resulting crude, diesel, and gas supply crunch.
VANCOUVER, British Columbia, May 28, 2021 (GLOBE NEWSWIRE) Thor Explorations Ltd. (TSX VENTURE: THX) (“
Thor” or the “
Company”) is pleased to announce the appointment of Mr. Osam Iyahen to the Company’s Board of Directors, effective immediately.
Mr. Iyahen is a Senior Director and the Head of Natural Resources at the Africa Finance Corporation (“AFC”) 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.
As part of their investment in the Company, the Company granted to the AFC the right to nominate one person to the Board of Directors of the Company. Mr Iyahen is AFC’s nominee to the Board.