Thor Energy Acquires 80.2% Stake in Go Exploration to Boost Portfolio in South Australia

Proactive - Interviews for investors

Thor Energy Executive Chairman Alastair Clayton joined Steve Darling from Proactive to share news the company has announced the company’s acquisition of an 80.2% stake in Go Exploration, an Australian hydrogen and helium exploration company with over 22,000 sq km in exploration acreage, including the PEL120 license and two additional applications in South Australia. Go Exploration, a key early entrant in the hydrogen and helium sector, holds one of only three licenses granted in South Australia, targeting naturally occurring “white” hydrogen and helium, resources Thor Energy sees as high-potential clean energy opportunities. In tandem with this acquisition, Thor Energy completed a capital raise of GBP£1,000,000, drawing strong support from a range of new institutional and sophisticated investors. This funding will bolster the company’s resources as it capitalizes on its expanded footprint in South Australia's clean energy sector. #proactiveinvetors #thorenergyplc #aim #asx #thr #hydrogen #HydrogenInvestment #WhiteHydrogen #AustraliaEnergy #AlastairClayton #EnergySector #ProactiveInvestors #GoExploration #CleanEnergy #HydrogenExploration #SouthAustraliaEnergy