Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

THX.V ·

Explorations Announces Dividend - Foreign Exchange Rate Confirmation

Corporate Actions

Thor

Explorations Announces Dividend

-

Foreign Exchange

Rate

Confirmation

Vancouver, British Columbia

--

(Newsfile Corp.

-

May 15, 2025)

-

Thor

Explorations Ltd. (TSXV: THX) (AIM: THX)

("

Thor

Explorations", "

Thor

" or the "Company") announces the foreign exchange rates that will be applied to its Maiden

Dividend which was announced on 8 April 2025.

For shareholders that have elected to receive the Maiden Dividend in Sterling or USD, the foreign exchange rates that will

be applied are CAD$1:£0.53858 and CAD$1:US$0.71539. Accordingly, the Sterling and USD equivalents of the Maiden

Dividend are £0.00673

2 and US$0.008942 per Ordinary Share, respectively.

The below outlines the payment treatment for shareholders.

Depository Interest ("DI") holders registered in London will be paid in British Pounds via CREST;

Registered holders with Canadian nominees or brokerages will be paid in Canadian Dollars;

Other certificated holders on the Canadian register will be paid directly by the Company via direct deposit or

cheque.

The Company also confirms that the Maiden Dividend will be paid on 16 May 2025.

THOR

EXPLORATIONS LTD.

For further information please contact:

Thor

Explorations Ltd

Email:

info@

thor

expl.com

Canaccord Genuity (Nominated Adviser & Broker)

Henry Fitzgerald

-

O'Connor / James Asensio / Harry Rees

Tel: +44 (0) 20 7523 8000

Hannam & Partners (Broker)

Andrew Chubb / Matt Hasson / Jay Ashfield / Franck Nganou

Tel: +44 (0) 20 7907 8500

BlytheRay (Financial PR)

Tim Blythe / Megan Ray / Said Izagaren

Tel: +44 207 138 3203

Yellow Jersey PR (Financial PR)

Charles Goodwin / Shivantha Thambirajah / Zara McKinlay

Tel: +44 (0) 20 3004 9512

About

Thor

Explorations

Thor

Explorations Ltd. is a mineral exploration company engaged in the acquisition, exploration, development and

production of mineral properties located in Nigeria, Senegal and Burkina Faso.

Thor

Explorations holds a 100% interest in

the Segilola Gold Project located in Osun State, Nigeria and has a 70% economic interest in the Douta Gold Project

located in south

-

eastern Senegal.

Thor

Explorations trades on AIM and the TSX Venture Exchange under the symbol

"THX".

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR

DISTRIBUTION TO U.S. WIRE SERVICES

SOURCE:

Thor Explorations Ltd.