Thor Explorations Ltd (TSXV/AIM: THX), a gold-focused mineral exploration and production company operating in Nigeria, Senegal, and Burkina Faso, has confirmed the foreign exchange rates to be applied to its upcoming quarterly dividend. The dividend, originally announced on 14 October 2026, will be paid on 13 November 2026. The confirmation provides Sterling and USD equivalents for shareholders who elected to receive their dividend in those currencies, offering clarity ahead of the payment date.

Key Points

  • Thor Explorations Ltd (TSXV/AIM: THX) — gold mineral exploration and production company
  • The company has confirmed the CAD-to-Sterling and CAD-to-USD foreign exchange rates for its quarterly dividend
  • Sterling equivalent: £0.006667 per Ordinary Share; USD equivalent: US$0.008933 per Ordinary Share; payment date: 13 November 2026
  • Investors should watch for confirmation of dividend receipt and any subsequent quarterly dividend announcements from the company

FX Rates Applied to Thor Explorations' Q4 Quarterly Dividend in Sterling and USD

Thor Explorations has confirmed the foreign exchange rates that will determine how much shareholders receive under its quarterly dividend programme. For those who elected to receive payment in British pounds, the applied rate is CAD$1:£0.53339, translating to a dividend of £0.006667 per Ordinary Share. Shareholders who chose to receive the dividend in US dollars will receive US$0.008933 per Ordinary Share, based on a rate of CAD$1:US$0.71460. The underlying dividend itself was denominated in Canadian dollars and was first announced on 14 October 2026.

Segilola and Douta Gold Projects Underpin Thor Explorations' Revenue and Dividend Capacity

Thor Explorations holds a 100% interest in the Segilola Gold Project, located in Osun State, Nigeria, which forms the core of its production activities. The company also holds a 100% economic interest in the Douta Gold Project in south-eastern Senegal, adding exploration-stage optionality to its portfolio. Operations across Nigeria, Senegal, and Burkina Faso position Thor as a multi-jurisdiction African gold company. The ability to sustain a quarterly dividend reflects the revenue-generating capacity of the Segilola asset, which remains central to the company's financial profile and investor returns.

Payment Confirmed for 13 November 2026 Across TSXV and AIM-Listed Shareholders

The announcement confirms that the quarterly dividend will be paid on 13 November 2026 to eligible shareholders. Thor Explorations trades on both the AIM market in London and the TSX Venture Exchange in Canada under the ticker symbol THX, meaning the dividend programme spans an international shareholder base. The confirmation of FX rates is a standard procedural step that ensures transparency for investors holding shares in jurisdictions where the Canadian dollar is not the domestic currency, reducing uncertainty around the precise amount they will receive at settlement.