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Why Is Thor Energy Selling 75% of Its US Uranium Projects Now?
8:37am on Friday 25th of July, 2025 AEST
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Why Is Thor Energy Selling 75% of Its US Uranium Projects Now?
8:37am on Friday 25th of July, 2025 AEST
Key Points
Sale of 75% interest in US uranium and vanadium projects to Metals One
£100,000 exclusivity fee and £1,000,000 in Metals One shares upon deal completion
Metals One to operate projects; Thor retains 25% stake with option to sell remaining interest
Transaction aims to consolidate regional uranium assets under Metals One
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THOR ENERGY PLC (ASX:THR)
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