REG - Thor Energy PLC - Suspension of Quotation on ASX

Thor EnergyAnnouncement

01/10/2024 10:45

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RNS Number : 4596G  Thor Energy PLC  01 October 2024

1 October 2024

Thor Energy PLC

 

("Thor" or the "Company")

 

Suspension of Quotation on Australian Stock Exchange

 

Thor Energy Plc ("Thor") (AIM, ASX: THR, OTCQB: THORF) announces its
securities have been suspended from quotation on the Australian Stock Exchange
under Listing rule 17.5 for not lodging the relevant periodic report by the
due date of 30 September 2024.

The results for the year ended 30 June 2024 were announced on 30 September
2024 under RNS number: 2799G.

The suspension of trading in the securities of Thor will be lifted from the
commencement of trading on Wednesday, 2 October 2024 following lodgement of
its annual report for the year ended 30 June 2024.

The Board of Thor Energy Plc has approved this announcement and authorised its
release.

For further information on the Company, please visit the website
(https://thorenergyplc.com/)  or please contact the following:

Thor Energy PLC

Nicole Galloway Warland, Managing Director

Ray Ridge, CFO / Company Secretary

Tel: +61 (8) 7324 1935

Tel: +61 (8) 7324 1935

Zeus Capital Limited (Nominated Adviser and Joint Broker)

Tel: +44 (0) 203 829 5000

Antonio Bossi / Darshan Patel / Isaac Hooper

SI Capital Limited (Joint Broker)

Tel: +44 (0) 1483 413 500

Nick Emerson

Yellow Jersey (Financial PR)

thor@yellowjerseypr.com

Dom Barretto / Shivantha Thambirajah / Bessie Elliot

Tel: +44 (0) 20 3004 9512

 

About Thor Energy Plc

The Company is predominantly focused on uranium and energy metals that are
crucial in the shift to a 'green' energy economy. Thor has several highly
prospective projects that give shareholders exposure to uranium, vanadium,
copper, tungsten, lithium, nickel and gold, located in the favourable mining
jurisdictions of Australia and the USA.

Thor holds 100% interest in three uranium and vanadium projects (Wedding Bell,
Radium Mountain and Vanadium King) in the Uravan Belt region of Colorado and
Utah, with historical high-grade uranium and vanadium drilling and production
results.

At Alford East in South Australia, Thor has earnt an 80% interest in oxide
copper deposits considered amenable to extraction via In-Situ Recovery
techniques (ISR). In January 2021, Thor announced an Inferred Mineral Resource
Estimate.

Thor also holds a 26.3% interest in a private Australian copper development
company EnviroCopper Limited (ECL), which Kapunda copper mine and the Alford
West copper project, both situated in South Australia, and both considered
amenable to recovery by way of ISR. Alligator Energy recently invested A$0.9M
for a 7.8% interest in ECL with the rights to gain a 50.1% interest by
investing a further A$10.1m over four years.

Thor holds 75% interest (with Investigator Resources 25%) of the advanced
Molyhil tungsten project, including measured, indicated and inferred
resources, in the Northern Territory of Australia, which was awarded Major
Project Status by the Northern Territory government in July 2020.

Thor owns 100% of the Ragged Range Project, comprising 92 km(2) of
exploration licences with highly encouraging early-stage gold and nickel
results in the Pilbara region of Western Australia.

For further information on Thor Energy and to see an overview of its projects,
please visit the Company's website at https://thorenergyplc.com/
(https://thorenergyplc.com/) .

 

 

 

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