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Thor Energy Secures 80% Stake in Go Exploration, Boosting Hydrogen Ambitions
9:26am on Monday 17th of February, 2025 AEDT
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Energy
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Thor Energy Secures 80% Stake in Go Exploration, Boosting Hydrogen Ambitions
9:26am on Monday 17th of February, 2025 AEDT
Key Points
Acquisition of 80.2% of Go Exploration via 466 million new shares
Go Exploration holds one of only four granted hydrogen and helium licenses in South Australia (PEL 120)
70% of consideration shares subject to six-month voluntary lock-in
Upcoming independent resource assessment at PEL 120 expected soon
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