Thor Energy PLC has announced its entry into the Australian natural 'white' hydrogen and helium industry through the acquisition of 80.2% of Go Exploration Pty Ltd. This Australian-based company holds significant exploration licenses, including PEL 120, strategically located near noteworthy hydrogen and helium discoveries. Thor's acquisition is part of its strategy to focus on the clean energy economy. In order to support this acquisition, Thor conducted a capital raise, securing gross proceeds of £1,000,000. The fundraising involved the placing of new ordinary shares, with strong support from various institutional and sophisticated investors. The Company's successful capital raise sets the stage for further developments in the hydrogen and helium exploration sector. The acquisition of Go Exploration is seen as a milestone for Thor Energy PLC, paving the way for rapid generation of drill-ready targets and exploration in high-potential areas. Thor's Executive Chairman, Alastair Clayton, expressed enthusiasm about the acquisition, highlighting the strategic significance of the granted licenses held by Go Exploration, particularly PEL 120. Thor Energy PLC aims to establish a prospective resource on various prospects identified by Go Exploration and plans to commence drilling activities in 2025, subject to shareholder approvals at the upcoming General Meeting. The Company is optimistic about the growth opportunities presented by entering the hydrogen and helium exploration space in Australia and aims to leverage its position in the industry for long-term success.