Thor Energy Signs Term Sheet With Met1 For US Project Sale

AIM movers: Metals One buying uranium assets from Thor Energy and higher loss at LifeSafe

Daniel Holliday has raised his shareholding in supercapacitor technology company Cap-XX (LON: CPX) from 5.18% to 8.19%. The share price rose 8.33% to 0.39p. Metals One (LON: MET1) has agreed terms to buy 75% of two US companies with uranium and vanadium claims in Colorado and Utah. There is a 12-month option to acquire the […] The post AIM movers: Metals One buying uranium assets from Thor Energy and higher loss at LifeSafe appeared first on UK …

Thor Energy Signs Term Sheet With Met1 For US Project Sale

Thor Energy plc (LON:THR, ASX: THR, OTCQB: THORF) has announced the signing of a Term Sheet regarding the sale of a 75% interest in its US subsidiaries that hold its non-core US uranium and vanadium projects in Colorado and Utah in the United States to London-listed Metals One PLC (LON:MET1). Highlights: ·    £100,000 cash exclusivity payment payable on signing of the TS. ·    Subject to final due diligence and Board approval, Thor to be issued …