TIDMTHR
RNS Number : 9424Q
Thor Energy PLC
23 October 2023
23 October 2023
Thor Energy Plc
("Thor" or the "Company")
Director/PDMR Shareholding
The Directors of Thor Energy Plc (AIM, ASX: THR) announce that
two Directors, Nicole Galloway Warland and Mark McGeough, have each
purchased Ordinary Shares traded as CDI's on the ASX.
The change in Director's interest follows the on market
acquisition of Ordinary Shares traded as CDI's on the ASX.
Director/PDMR Position Price Number of ordinary Resultant Resultant
per share shares traded number of Percentage
(AUD) as CDI's acquired CDI's held Share of Issued
Capital
Nicole Galloway Managing
Warland Director 0.0267 200,000 325,000 0.12%
Non-Executive
Mark McGeough Director 0.0248 59,356 255,032 0.09%
The relevant details are provided in the notification below,
made in accordance with the requirements of the EU Market Abuse
Regulation.
- Ends -
For further information, please contact:
Thor Energy Plc
Nicole Galloway Warland, Managing Director Tel: +61 (8) 7324
Ray Ridge, CFO / Company Secretary 1935
Tel: +61 (8) 7324
1935
WH Ireland Limited (Nominated Adviser Tel: +44 (0) 207
and Joint Broker) 220 1666
Antonio Bossi / Darshan Patel
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 3004
/ Bessie Elliot 9512
Updates on the Company's activities are regularly posted on
Thor's website https://thorenergyplc.com which includes a facility
to register to receive these updates by email, and on the Company's
twitter 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 Colorado and Utah, USA with historical high-grade uranium and
vanadium drilling and production results.
Thor owns 100% of the Ragged Range Project, comprising 92 km2 of
exploration licences with highly encouraging early-stage gold,
copper and nickel results in the Pilbara region of Western
Australia.
At Alford East in South Australia, Thor is earning 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 $8m Farm-in and Funding Agreement with Investigator
Resources Limited (ASX: IVR) to accelerate exploration at the
Molyhil Project on 24th 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)
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
Notification of Transactions of Persons Discharging Managerial
Responsibility and Persons Closely Associated with them
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Nicole Galloway Warland
Reason for the notification
2
a) Position/status Managing Director
b) Initial notification Initial notification
/Amendment
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
a) Name Thor Energy Plc
b) LEI 213800WO61Y9GPALD478
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
a) Description of the Ordinary shares of 0.1 pence each
financial instrument,
type of instrument
Identification code GB00BRJ52319
b) Nature of the transaction Securities acquired on the ASX (Ordinary
Shares traded as CDI's)
.c) Price(s) and volume(s)
Price(s) Volume(s)
Ordinary Shares AUD 0.0248 200,000
d) Aggregated information
- Aggregated volume 200,000
- Price AUD 4,960
e) Date of the transaction 17 October 2023
f) Place of the transaction Australian Securities Exchange (ASX)
Notification of Transactions of Persons Discharging Managerial
Responsibility and Persons Closely Associated with them
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Mark McGeough
Reason for the notification
2
a) Position/status Non-Executive Director
b) Initial notification Initial notification
/Amendment
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
a) Name Thor Energy Plc
b) LEI 213800WO61Y9GPALD478
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
a) Description of the Ordinary shares of 0.1 pence each
financial instrument,
type of instrument
Identification code GB00BRJ52319
b) Nature of the transaction Securities acquired on the ASX (Ordinary
Shares traded as CDI's)
.c) Price(s) and volume(s)
Price(s) Volume(s)
Ordinary Shares AUD 0.0267 59,356
d) Aggregated information
- Aggregated volume 59,356
- Price AUD 1,585
e) Date of the transaction 17 October 2023
f) Place of the transaction Australian Securities Exchange (ASX)
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END
DSHUOVVROWURURA
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