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Thor Energy Monetises US Uranium Assets with £1M Metals One Share Deal
8:59am on Wednesday 13th of August, 2025 AEST
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Thor Energy Monetises US Uranium Assets with £1M Metals One Share Deal
8:59am on Wednesday 13th of August, 2025 AEST
Key Points
Sale of 75% interest in US uranium and vanadium projects to Metals One
Thor receives £1 million in Metals One shares plus £100,000 cash exclusivity fee
Metals One granted 12-month option to acquire remaining 25% interest
Metals One to fund exploration during option period and operate projects
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