Thor Explorations Confirms FX Rates for Maiden Dividend

The latest announcement is out from Thor Explorations ( (TSE:THX) ).

Thor Explorations Ltd. has announced the foreign exchange rates applicable to its Maiden Dividend, initially declared on April 8, 2025. Shareholders opting to receive the dividend in Sterling or USD will have rates of CAD$1:£0.53858 and CAD$1:US$0.71539 applied, translating to £0.006732 and US$0.008942 per Ordinary Share, respectively. The dividend will be distributed on May 16, 2025, with specific payment methods outlined for different types of shareholders. This marks a significant step in Thor’s financial operations, potentially enhancing shareholder value and strengthening its market position.

More about Thor Explorations

Thor Explorations Ltd. is a mineral exploration company focused on acquiring, exploring, developing, and producing mineral properties in Nigeria, Senegal, and Burkina Faso. It holds a 100% interest in the Segilola Gold Project in Nigeria and a 70% economic interest in the Douta Gold Project in Senegal. The company is listed on AIM and the TSX Venture Exchange under the symbol ‘THX’.

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