ASX Trading Halt
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The Directors of Thor Energy plc ("the Company") advise that trading in the shares of the Company have been halted on the Australian Securities Exchange ("ASX") effective from Thursday 9 May 2024, in accordance with ASX Listing Rules.
This trading halt is to facilitate a limited capital raising to accelerate the Company's exploration activities, particularly in relation to its priority uranium assets. The capital raised will complement the Company's existing working capital and support ongoing exploration efforts.
The ASX trading halt will remain in place until the earlier of the commencement of trading on Monday 13 May 2024 or the release of an announcement by the Company in relation to the capital raise.
The Board of Thor Energy PLC has approved this announcement and authorised its release.
Competent Person's Report
Notes
3 www.thorenergyplc.com/sites/thormining/media/aim-report/20190815-initial-copper-resource-estimate---moonta-project---rns---london-stock-exchange.pdf
4 https://thorenergyplc.com/investor-updates/molyhil-project-mineral-resource-estimate-updated/
6 https://thorenergyplc.com/wp-content/uploads/2022/11/20221124-8M-Farm-in-Funding-Agreement.pdf
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