TIDMTHR
RNS Number : 0819V
Thor Energy PLC
29 November 2023
29 November 2023
Thor Energy PLC
("Thor" or the "Company")
Result of AGM
The directors of Thor Energy Plc ("Thor") (AIM, ASX: THR, OTCQB:
THORF) announce that at the Annual General Meeting ("AGM") held
earlier today, all resolutions were passed.
All resolutions were passed, with the poll results as
follows:
Resolution For Against Withheld
1 49,674,787 153,003 215,248
----------- ----------- -----------
2 42,274,274 7,501,723 251,041
----------- ----------- -----------
3 28,228,062 457,773 21,327,047
----------- ----------- -----------
4 26,983,577 1,899,741 21,129,564
----------- ----------- -----------
5 27,618,856 1,271,135 21,137,047
----------- ----------- -----------
6 21,419,129 1,118,322 21,239,587
----------- ----------- -----------
7 26,636,359 1,674,944 21,239,544
----------- ----------- -----------
8 26,334,220 22,802,632 435,764
----------- ----------- -----------
9 26,922,540 1,497,600 21,602,898
----------- ----------- -----------
10 47,572,505 2,072,482 378,051
----------- ----------- -----------
A presentation providing an update on the Company's projects,
which was given to attendees of the AGM, can be found on the
Company's website at https://thorenergyplc.com/investor-centre/
The Board of Thor Energy PLC has approved this announcement and
authorised its release.
For further information, please contact:
Thor Energy PLC
Nicole Galloway Warland, Managing Director Tel: +61 (8) 7324
1935
Ray Ridge, CFO & Company Secretary
Tel: +61 (8) 7324
1935
WH Ireland Limited (Nominated Adviser Tel: +44 (0) 207
and Joint Broker) 220 1666
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
Sarah Hollins / Shivantha Thambirajah / Tel: +44 (0) 20
Bessie Elliot 3004 9512
Updates on the Company's activities are regularly posted on
Thor's website which includes a facility to register to receive
these updates by email, and on the Company's X page
@thorenergyplc
About Thor Energy Plc
The Company is focused on uranium and energy metals that are
crucial in the shift to a 'green' energy economy. Thor has a number
of highly prospective projects that give shareholders exposure to
uranium, nickel, copper, lithium and gold. Our projects are located
in 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 in Colorado and Utah, USA 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(1). Thor also holds
a 30% interest in Australian copper development company
EnviroCopper Limited, which in turn holds rights to earn up to a
75% interest in the mineral rights and claims over the resource on
the portion of the historic Kapunda copper mine and the Alford West
copper project, both situated in South Australia, and both
considered amenable to recovery by way of ISR.(2)(3)
Thor holds 100% 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
executed a A$8m Farm-in and Funding Agreement with Investigator
Resources Limited (ASX: IVR) to accelerate exploration at the
Molyhil Project on 24 November 2022.(6)
Adjacent to Molyhil, at Bonya, Thor holds a 40% interest in
deposits of tungsten, copper, and vanadium, including Inferred
resource estimates for the Bonya copper deposit, and the White
Violet and Samarkand tungsten deposits. Thor's interest in the
Bonya tenement EL29701 is planned to be divested as part of the
Farm-in and Funding agreement with Investigator Resources
Limited.(6)
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.
Notes
(1)
https://thorenergyplc.com/investor-updates/maiden-copper-gold-mineral-resource-estimate-alford-east-copper-gold-isr-project/
(2)
www.thorenergyplc.com/sites/thormining/media/pdf/asx-announcements/20172018/20180222-clarification-kapunda-copper-resource-estimate.pdf
(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/
(5)
www.thorenergyplc.com/sites/thormining/media/pdf/asx-announcements/20200129-mineral-resource-estimates---bonya-tungsten--copper.pdf
(6)
https://thorenergyplc.com/wp-content/uploads/2022/11/20221124-8M-Farm-in-Funding-Agreement.pdf
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END
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November 29, 2023 05:50 ET (10:50 GMT)
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