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IN BRIEF: Thor Energy halts Sydney trades due to planned capital raise

ALN

Thor Energy PLC - London-based uranium and vanadium explorer - Says trading of its shares on the Australian Securities Exchange in Sydney has been halted, effective Monday. This is in accordance with ASX listing rules due to its plans to raise capital towards funding its exploration activities, particularly towards its ‘priority’ uranium assets. Says the trading of shares on AIM in London is unaffected. The ASX trading halt will remain in place until the earlier of Wednesday or a further release by the company, Thor Energy says.

Current stock price: 1.68 pence, down 6.7%

12-month change: down 72%

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