Thor Explorations Announces Release of Fact-Finding Committee Report on Osun State Dispute
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Thor Explorations' Nigerian subsidiary Segilola Resources Operating Limited (SROL) received a fact-finding committee report that exonerates the company from tax and environmental allegations. The report confirms SROL's legal compliance, invalidates a ₦3.25 billion tax invoice, and finds no evidence of environmental pollution.
March 26, 2025 | 8:45 am
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POSITIVE IMPACT
The fact-finding report validates SROL's operations, removing potential legal and financial risks. The resolution demonstrates the company's commitment to compliance and community engagement.
The report completely exonerates Thor from allegations, removing potential legal and financial risks. This should positively impact investor sentiment and stock performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100