Thor Energy completed the acquisition of a 80.2% stake in Go Exploration.

Thor Energy, a mining exploration company, completed the acquisition of a 80.2% stake in Go Exploration, a natural (white) hydrogen and helium explorer. Financial terms were not disclosed. "This is a truly transformative acquisition for Thor Energy. The addition of Go Exploration's highly prospective hydrogen and helium licences, particularly the granted licence PEL 120 with its proximity to recent significant discoveries, positions Thor at the forefront of natural hydrogen and helium exploration in Australia. We are incredibly excited about the potential of these assets, especially as we look forward to the upcoming resource statement, and the opportunity to rapidly advance exploration and development. This acquisition aligns perfectly with our strategic focus on clean energy resources and significantly strengthens our portfolio. We welcome the Go Exploration team and look forward to working together to unlock the immense value of these projects for our shareholders," Andrew Hume, Thor Energy Managing Director.