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Thor Explorations Updates Dividend Currency Payment Options

Story Highlights
  • Thor Explorations Ltd. updates dividend currency options due to administrative issues.
  • Payments will be made in different currencies based on shareholder registration location.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Thor Explorations ( (TSE:THX) ) just unveiled an announcement.

Thor Explorations Ltd. announced an update regarding its dividend currency election options, initially disclosed on 28 April 2025. Due to administrative issues, the previously available currency election is no longer an option for all shareholders. The company outlined the payment methods for different shareholder categories, with payments being made in British Pounds for London-registered Depository Interest holders, in Canadian Dollars for Canadian nominees or brokerages, and directly by the company for other certificated holders on the Canadian register. The maiden dividend payment is scheduled for 16 May 2025, with the exchange rate announcement set for 15 May 2025.

More about Thor Explorations

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

YTD Price Performance: 105.69%

Average Trading Volume: 730,237

Technical Sentiment Signal: Buy

Current Market Cap: £233.3M

Learn more about THX stock on TipRanks’ Stock Analysis page.

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