Thor Energy Plc announcement

Thor Energy Plc (ASX:THR) has announced the appointment of Alastair Clayton as the Executive Chairman and the retirement of Nicole Galloway Warland as the Managing Director with immediate effect. The transition aims to strengthen the executive capabilities of the Board and drive the corporate strategy of the Company. Nicole Galloway Warland will continue to support the Company as a consultant for the foreseeable future, particularly in executing the current drill programme at the Colorado Uranium Projects in the United States and overseeing other projects in South Australia.

Executive Chairman's commentary

Alastair Clayton, Executive Chairman, expressed his gratitude to Nicole for her hard work in executing the Company's investment strategy across their portfolio. He thanked Nicole for agreeing to assist with the upcoming work programme in the US and looks forward to updating shareholders with his vision for the Company in the near future.

Summary of announcement

Thor Energy Plc has appointed Alastair Clayton as the Executive Chairman and announced the retirement of Nicole Galloway Warland as the Managing Director. Nicole will continue to support the Company as a consultant. Alastair Clayton has agreed to accrue all directors' fees for a minimum period of six months. The Company remains predominantly focused on uranium and energy metals, with several highly prospective projects in Australia and the USA. Thor Energy Plc holds interests in uranium, vanadium, copper, tungsten, lithium, nickel, and gold projects. The Company's ambitions include strengthening the executive capabilities of the Board and driving the corporate strategy, particularly in the shift to a 'green' energy economy. Shareholders can expect updates on the Company's activities through their website and other communication channels.