Thor Energy PLC has solidified its agreement to acquire 80.2% of Go Exploration, an Australian company specializing in hydrogen and helium exploration. The acquisition, valued at £3.7 million, involves issuing 466 million shares, a significant portion of which will be locked in for six months. Go Exploration holds exclusive exploration licenses in South Australia, including the highly promising PEL 120 and strategic license applications. Thor's recent equity raise of £1 million, subject to shareholder approval, will support the rapid establishment of prospective resources before initiating drilling activities in 2025. Alastair Clayton, Thor's executive chairman, expressed enthusiasm for entering the clean energy sector through this acquisition, highlighting the scarcity of quality opportunities in investable jurisdictions. The acquisition positions Thor alongside a select group of companies with granted hydrogen exploration licenses in South Australia, offering access to high-potential areas for hydrogen and helium discovery.