공지 • Oct 18
Thor Energy Plc, Annual General Meeting, Nov 11, 2025 Thor Energy Plc, Annual General Meeting, Nov 11, 2025. Location: 9 pollen street, w1s 1ng, london United Kingdom New Risk • Sep 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£1.0m free cash flow). Earnings have declined by 9.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (172% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£5.67m market cap, or US$7.61m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (8.4% average weekly change). 공지 • Aug 13
Metals One PLC (AIM:MET1) acquired 75% stake in Standard Minerals Inc and Cisco Minerals Inc from Thor Energy Plc (AIM:THR). Metals One PLC (AIM:MET1) signed a letter of intent to acquire 75% stake in Standard Minerals Inc and Cisco Minerals Inc from Thor Energy Plc (AIM:THR) for £1.1 million on July 25, 2025. A cash consideration of £0.1 million will be paid by Metals One PLC. The consideration consists of common equity of Metals One PLC having a value of £1 million to be issued for common equity of Standard Minerals Inc and Cisco Minerals Inc. As part of consideration, £1.1 million is paid towards common equity of Standard Minerals Inc and Cisco Minerals Inc. Thor has also entered into an agreement to grant Met1 an exclusive 12-month option to acquire the remaining 25% interest in Standard and Cisco that it does not currently own
The proposed sale is subject to and conditional upon Met1 having conducted and being satisfied with legal, technical and financial due diligence on the USA subsidiaries of Thor and the Projects and all and any applicable and necessary consents, authorities or approvals required from any applicable statutory or quasi-statutory body regulating the mining industry in the USA consenting to the change of control of the Projects. The Board of Thor Energy Plc has approved this announcement. The parties will immediately move to agree and execute a full SPA as soon as practicable, expected to be completed by 31 August 2025
Metals One PLC (AIM:MET1) completed the acquisition of 75% stake in Standard Minerals Inc and Cisco Minerals Inc from Thor Energy Plc (AIM:THR) on August 13, 2025. The consideration consists of common equity 14,224,751 shares of Metals One PLC having a value of £1 million to be issued for common equity of Standard Minerals Inc and Cisco Minerals Inc. New Risk • Jul 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£1.0m free cash flow). Earnings have declined by 9.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (165% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£5.03m market cap, or US$6.83m). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). 공지 • Jul 07
Thor Energy plc Announces Positive Results of Its Recent Soil Geochemical Study At Its Hy-Range Project (Rsel 802) in South Australia Thor Energy plc announced positive results of its recent soil geochemistry study at its HY-Range project (RSEL 802) in South Australia. Highlights: Positive results with significantly elevated hydrogen and helium; Several natural hydrogen values more than 1,000ppm, with highest reading of 3,000ppm (approximately 6,000 times background values); Helium detected up to 27ppm (greater than five times background values); Four high-grade focus areas identified for future exploration focus; This significantly advances prospect definition, ranking and site selection for exploration drilling. 공지 • May 29
Thor Energy plc Announces Upized Hy-Range Natural Hydrogen/Helium Geochemical Survey Thor Energy plc announced the successful completion of its comprehensive soil air geochemical survey across its HY-Range project (RSEL 802) in South Australia. This survey, which commenced in early May, as detailed in the Company's announcement on 28 April 2025 ("HY-Range Exploration and Corporate Update Hydrogen and Helium Geochemical Survey to Commence in May"), marks a significant step in evaluating the natural hydrogen and helium potential of the licence area. Successful completion of the planned geochemical survey at the HY-Range Project (RSEL 802), South Australia. A total of 103 sample sites were investigated, including several additional step-out sample sites, based on field observations. Survey completed efficiently, safely, on time, and within budget. Dual objectives achieved: Comprehensive licence-wide soil air sampling for natural hydrogen and helium, and successful deployment and establishment of novel operational procedures for mobile hydrogen and helium gas chromatography. Analysis and interpretation of samples from the investigated sites are underway, with initial findings anticipated in June 2025. Results will be crucial for proving active gas generation and migration, high-grading areas of interest, and underpinning future work programs. Expanded Scope and Operational Success The survey operations were conducted with exceptional efficiency and safety, concluding on time and within budget. A total of103 sample sites were investigated, with samples collected from shallow holes across the licence. This expanded program resulted in comprehensive sample collection exceeding the initially planned 94 samples, reflecting additional step-out work in certain areas to increase understanding adjacent to some primary locations. The Company anticipates releasing its initial findings from this survey in June 2025, which will provide answers to the survey's objectives of: Assessing the presence of active gas generation and migration pathways within the HY-Range project area. Identifying and contributing to the high grading of specific areas of interest and prospectivity for natural hydrogen and helium. Underpinning and refining the design of future work programs, including potential exploration drilling. The Company looks forward to updating the market on the results of the geochemical survey and further corporate developments in due course. 
