RNS Number : 2345I
Thor Explorations Ltd
12 May 2025
 

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NEWS RELEASE

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR
DISTRIBUTION TO U.S. WIRE SERVICES

 

 

                                                                                                                                                     

12 May, 2025

 

TSXV/AIM: THX

                                                                                                                                                     

 

DIVIDEND - CURRENCY ELECTION AND PAYMENT CURRENCY UPDATE

 

 

Thor Explorations Ltd (TSXV / AIM: THX) ("Thor Explorations", "Thor" or the "Company") provides an update to the currency election options announced on 28 April 2025. Due to administrative issues, the option for currency election as previously announced is no longer available to all shareholders. 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 via cheque;

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

 

Maiden Dividend Payment Timetable

 

·      15 May 2025: Announcement of exchange rate in Foreign Designated currencies

·      16 May 2025: Payment date

 

 

 

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".

 

THOR EXPLORATIONS LTD.

 

For further information please contact:

 

Thor Explorations Ltd

Email: 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

 

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