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Thor Energy Issues 25M Shares After Hitting Key Exploration Milestones

7:13pm on Tuesday 29th of July, 2025 AEST Energy
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Thor Energy Issues 25M Shares After Hitting Key Exploration Milestones

7:13pm on Tuesday 29th of July, 2025 AEST
Key Points
  • 25 million new ordinary shares issued tied to exploration and director milestones
  • Second tranche milestone met after 2024 reverse circulation drilling results
  • 30% of director performance shares vested due to helium and hydrogen resource discovery
  • Shares to commence trading on AIM and ASX from August 1, 2025
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