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THX.V ·

Thor Explorations Ltd: Director & PDMR Dealing

Corporate Updates

Thor Explorations Ltd: Director & PDMR

Dealing

Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Thor Explorations Ltd. (TSXV: THX)

(AIM: THX) ("Thor Explorations" or the "Company") announces that Adbro Limited of which the beneficial

owner is Mr. Folorunso Adeoye, Non-Executive Director of Thor Explorations, purchased 306,818

Common Shares on 20 June, 2025.

Adbro Limited retains a beneficial interest in 22,656,539 Common Shares, being the entirety of Mr.

Folorunso Adeoye's holding in the Company, representing approximately 3.4% of the total issued share

capital in the Company.

For further information please contact:

Thor Explorations Ltd

Email:

[email protected]

Canaccord Genuity (Nominated Adviser & Broker)

James Asensio / Henry Fitzgerald-O'Connor / Harry Rees

Tel: +44 (0) 20 7523 8000

Hannam & Partners (Broker)

Andrew Chubb / Matt Hasson / Nilesh Patel / 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 / Soraya Jackson

Tel:

+44 (0) 20 3004 9512

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy

of this release.

This press release does not constitute an offer to purchase securities. The securities to be offered in the

offering have not been and will not be registered under the United States Securities Act of 1933, as

amended, or any state securities laws and may not be offered or sold in the United States or to, or for the

benefit or account of, a U.S. person, except pursuant to an available exemption from such registration

requirements.

NOTIFICATION

AND PUBLIC DISCLOSURE OF TRANSACTIONS BY

PERSONS DISCHARGING

MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED

WITH THEM

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Adbro Limited

2.

Reason for the notification

a)

Position / status

*Mr. Folorunso Adeoye, Non-Executive Director of Thor Explorations, is

the beneficial owner of Adbro Limited

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer , emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Thor Explorations Ltd

b)

LEI

213800AXZ8468CQYVT76

4.

Details of the transaction(s): section to be repeated 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 financial instrument, type of instrument

Identification Code

Common Shares of no par value

CA8851491040

b)

Nature of the transaction(s)

Purchase of Common Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

77 Canadian cents

306,818

d)

Aggregated information

-

Aggregated volume

-

Price

Price(s)

Volume(s)

77 Canadian cents

306,818

e)

Date of the transaction

June 20 2025

f)

Place of the transaction

Toronto Stock Exchange

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR

DISTRIBUTION TO U.S. WIRE

SERVICES

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/256661