Thor declares maiden dividend
London-listed Thor Explorations achieved record results for the year ended December 31, 2024, repaid all senior debt, had record gold sales and reached a major milestone of declaring a maiden dividend. With a net profit of $91-million – up 740% year-on-year – strong cash flow from the company’s Segilola gold mine, in Nigeria, and a quarterly dividend policy now in place, Thor says it is poised for its next phase of growth across West Africa.
London-listed Thor Explorations achieved record results for the year ended December 31, 2024, repaid all senior debt, had record gold sales and reached a major milestone of declaring a maiden dividend. With a net profit of $91-million – up 740% year-on-year – strong cash flow from the company’s Segilola gold mine, in Nigeria, and a quarterly dividend policy now in place, Thor says it is poised for its next phase of growth across West Africa.
