4 December 2024

Thor Energy PLC

("Thor" or the "Company")

Directorate Change and Appointment of Company Secretary

Change of Australian Postal Address

Thor Energy plc ("Thor") (AIM, ASX: THR, OTCQB: THORF) is pleased to announce that Mr. Lincoln Moore has agreed to join the Board as a Non-Executive Director and Mr. Rowan Harland has been appointed Company Secretary. These changes coincide with the retirement of Mr. Mark McGeough, as Non-Executive Director, and Mr. Ray Ridge, as Company Secretary and Chief Financial Officer (non-board).

For the past 15 years, Mr. Moore has been actively involved in establishing and raising finance for mining and agriculture projects. Lincoln is the co-founder and corporate advisor of Firering Strategic Minerals plc which is in the process of commissioning the largest quicklime processing operation in Zambia. He also currently serves as an Executive Director of Ivory Coast based AIM-quoted, Dekel Agri-Vision plc, which produces palm oil and cashews, with primary responsibilities for the corporate finance activities of the organisation. Mr. Moore also previously served as a Director of the London Standard listed company, Dial Square Investments plc (now Energy Pathways plc), which is currently undertaking detailed feasibility to establish a hydrogen storage operation in the UK. Lincoln was a Senior Manager in the restructuring division of Deloitte Australia and London, with significant experience in operational and corporate restructuring.

Mr. Harland is a corporate advisor at SmallCap Corporate, a boutique corporate advisory firm specialising in providing company secretarial, CFO and transaction management services involving both listed and unlisted companies. Mr. Harland is Company Secretary to several listed and unlisted companies, holding a Master of Finance and a Bachelor of Commerce.

Furthermore, the Adelaide office will be closed, and the Australian office postal address of the Company is now c/o SmallCap Corporate, Suite 1, 295 Rokeby Road, Subiaco 6008 Western Australia, contact details can be found below.

Alastair Clayton, Executive Chairman commented:

"Firstly, I would like to sincerely thank Mark and Ray for their considerable service to the Company. I genuinely appreciate their counsel and commitment to Thor and wish them well in their new endeavours. As part of the closure of the Adelaide office and a streamlining of the operational and cost profile of the business, we are very excited to welcome Lincoln and Rowan to the team as we execute a strategy based around the clean energy sector in which uranium, copper, hydrogen and helium are critical components."

AIM disclosures:

The following information is disclosed relating to Mr Lincoln Moore pursuant to rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies.

Mr Lincoln John Moore, aged 46 years, holds 1,333,333 ordinary shares in Thor Energy plc and is or has been a director of the following companies during the five years preceding the date of this announcement:

The Board of Thor Energy Plc has approved this announcement and authorised its release.

For further information on the Company, please visit the website or please contact the following:

Thor Energy PLC

Alastair Clayton, Executive Chairman

Rowan Harland, Company Secretary
Tel: +61 (8) 6555 2950

Zeus Capital Limited (Nominated Adviser and Joint Broker)

Antonio Bossi / Darshan Patel / Isaac Hooper

Tel: +44 (0) 203 829 5000

SI Capital Limited (Joint Broker)

Nick Emerson

Tel: +44 (0) 1483 413 500

Yellow Jersey (Financial PR)

Dom Barretto / Shivantha Thambirajah / Bessie Elliot

[email protected]

Tel: +44 (0) 20 3004 9512

About Thor Energy Plc

The Company is predominantly focused on uranium and energy metals that are crucial in the shift to a clean energy economy.

For further information on Thor Energy and to see an overview of its projects, please visit the Company's website at https://thorenergyplc.com/.