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 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 km2 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/.