REG - Thor Explorations Ld - DIVIDEND – FOREIGN EXCHANGE RATE CONFIRMATION

Thor ExplorationsAnnouncement

15/05/2025 07:00

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RNS Number : 7347I  Thor Explorations Ltd  15 May 2025

 

 

 

 

NEWS RELEASE

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR

DISTRIBUTION TO U.S. WIRE SERVICES

 

 

 

 15 May, 2025  TSXV/AIM: THX

 

 

DIVIDEND - FOREIGN EXCHANGE RATE CONFIRMATION

 

 

Thor Explorations Ltd (TSXV / AIM: THX) ("Thor Explorations", "Thor" or the
"Company") announces the foreign exchange rates that will be applied to its
Maiden Dividend which was announced on 8 April 2025.

 

For shareholders that have elected to receive the Maiden Dividend in Sterling
or USD, the foreign exchange rates that will be applied are CAD$1:£0.53858
and CAD$1:US$0.71539. Accordingly, the Sterling and USD equivalents of the
Maiden Dividend are £0.006732 and US$0.008942 per Ordinary Share,
respectively.

 

The below outlines the payment treatment for shareholders.

·      Depository Interest ("DI") holders registered in London will be
paid in British Pounds via CREST;

·      Registered holders with Canadian nominees or brokerages will be
paid in Canadian Dollars;

·      Other certificated holders on the Canadian register will be paid
directly by the Company via direct deposit or cheque.

 

 

The Company also confirms that the Maiden Dividend will be paid on 16 May
2025.

 

 

 

THOR EXPLORATIONS LTD.

 

For further information please contact:

 

Thor Explorations Ltd

Email: info@thorexpl.com (mailto:info@thorexpl.com)

 

Canaccord Genuity (Nominated Adviser & Broker)

Henry Fitzgerald-O'Connor / James Asensio / Harry Rees

Tel: +44 (0) 20 7523 8000

 

Hannam & Partners (Broker)

Andrew Chubb / Matt Hasson / Jay Ashfield / Franck Nganou

Tel: +44 (0) 20 7907 8500

 

BlytheRay (Financial
PR)

Tim Blythe / Megan Ray / Said Izagaren

Tel: +44 207 138 3203

 

Yellow Jersey PR (Financial PR)

Charles Goodwin / Shivantha Thambirajah / Zara McKinlay

Tel:  +44 (0) 20 3004 9512

 

 

About Thor Explorations

 

Thor Explorations Ltd. is a mineral exploration company engaged in the
acquisition, exploration, development and production of mineral properties
located in Nigeria, Senegal and Burkina Faso. Thor Explorations holds a 100%
interest in the Segilola Gold Project located in Osun State, Nigeria and has a
70% economic interest in the Douta Gold Project located in south-eastern
Senegal. Thor Explorations trades on AIM and the TSX Venture Exchange under
the symbol "THX".

 

 

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