Thor Energy plc managing director Nicole Galloway Warland joined Proactive's Stephen Gunnion with more details on a A$1.3 million share placing, targeted at investment in its uranium and copper projects in the United States and Australia.
Galloway Warland noted strong support from both existing and new shareholders, reflecting confidence in the company's growth potential. The expanded shareholder base now includes new institutional investors. Additionally, company directors, including Galloway Warland and chairman Alastair Clayton, have increased their investments, contingent on shareholder approval, further demonstrating their belief in the company's prospects.
The funds will primarily facilitate the next stages of exploration and drilling at several key sites, including Wedd...