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Thor Explorations ( (TSE:THX) ) has provided an update.
Thor Explorations Ltd. has confirmed the foreign exchange rates applicable to its previously announced quarterly dividend for shareholders who elected to receive payments in sterling or U.S. dollars. The company said the rates have been set at CAD$1 to £0.54239 and CAD$1 to US$0.73395, translating into dividends of £0.006779 and US$0.009174 per ordinary share, respectively.
The miner also reiterated that the quarterly dividend will be paid on 15 May 2026, underscoring its ongoing return-of-capital strategy alongside its gold production activities in West Africa. The confirmation provides clarity for international investors on the precise payout amounts in their chosen currencies ahead of the payment date.
More about Thor Explorations
Thor Explorations Ltd. is a mineral exploration and production company focused on gold assets in West Africa, with operations and exploration tenements in Nigeria, Senegal and Côte d’Ivoire. Its key holdings include 100% interests in the producing Segilola Gold Project in Nigeria, the Douta Gold Project in Senegal, and the Guitry Gold Project in Côte d’Ivoire, and it is listed on both AIM and the TSX Venture Exchange under the symbol THX.
Find detailed analytics on THX stock on TipRanks’ Stock Analysis page.