Thor today reports that it has signed a Binding Term Sheet with Metals One (AIM:MET1 - market cap £36.4m) regards an agreement to divest 75% of its portfolio of uranium assets in the Uravan region, USA. The agreement, once signed, will provide Thor with cash to advance its priority HY-Range project in South Australia.

25 Jul 2025
Thor Energy (THR LN) - Divesting of uranium assets - Corporate

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Thor Energy (THR LN) - Divesting of uranium assets - Corporate
Thor Energy Plc (THR:LON) | 0.5 0 0.0% | Mkt Cap: 5.03m
- Published:
25 Jul 2025 -
Author:
Paul Smith | David Seers -
Pages:
4 -
Thor today reports that it has signed a Binding Term Sheet with Metals One (AIM:MET1 - market cap £36.4m) regards an agreement to divest 75% of its portfolio of uranium assets in the Uravan region, USA. The agreement, once signed, will provide Thor with cash to advance its priority HY-Range project in South Australia.