Thor Mining (GB:THR) has released an update.
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Thor Energy PLC has received a financial boost from a Research and Development tax incentive and a partial license sale from the Molyhil Joint Venture, totaling up to A$408,000. The cash influx not only enhances the company’s exploration funds but also mitigates shareholder dilution. This development positions Thor for potential future cash-generating activities as it continues its focus on energy metals and clean energy initiatives.
For further insights into GB:THR stock, check out TipRanks’ Stock Analysis page.
