Thor Medical ASA - Share capital increase in relation to Tranche 1 of the Private Placement and the PrimaryBid Offering is registered

20 Dec 2024 14:17 CET

20.12.2024 14:17:29 CET | Thor Medical ASA | Total number of voting rights and
capital

Oslo, Norway, 20 December 2024: Reference is made to stock exchange
announcements by Thor Medical ASA (the "Company") on 12 December 2024 regarding
the completion of a private placement of a total of 63,000,000 new shares (the
"Offer Shares") in the Company raising a total of NOK 157.5 million (the
"Private Placement") and a retail offering of a total of 6,029,300 new shares
(the "PrimaryBid Shares") raising a total of approx. NOK 15 million (the
"PrimaryBid Offering").

The share capital increase relating to tranche 1 of the Private Placement
("Tranche 1"), consisting of 39,603,620 Offer Shares, and the share capital
increase relating to the PrimaryBid Offering, consisting of 6,029,300 PrimaryBid
Shares, is now registered with the Norwegian Register of Business Enterprises.
The Company's share capital is after the registration NOK 56,098,479 divided
into 280,492,395 shares. Each share has a nominal value of NOK 0.20 and
represents one vote in the Company's general meeting.

The second tranche consists of 23,396,380 Offer Shares ("Tranche 2"). The
settlement of Offer Shares in Tranche 2 is expected to take place on or about 8
January 2025, subject to a resolution by the general meeting, scheduled to be
held on 6 January 2025. For further information on Tranche 2, reference is made
to the stock exchange announcement on 12 December 2024.

DISCLOSURE REGULATION

This information is required to be disclosed under Section 5-12 of the
Securities Trading Act.

CONTACTS

* Brede Ellingsæter, CFO, Thor Medical ASA, +47 472 38 440,
brede.ellingseter@thormedical.no

ABOUT THOR MEDICAL ASA

Thor Medical is an emerging supplier of radionuclides, primarily alpha particle
emitters, from naturally occurring thorium. Its proprietary production process
requires no irradiation or use of nuclear reactors, and provides reliable,
environmentally friendly, cost-efficient supply of alpha-emitters for the
radiopharmaceutical industry. Thor Medical is headquartered in Oslo, Norway and
listed on the Oslo Stock Exchange under the ticker symbol 'TRMED'.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848634/18369930/5447/Download%20announce
ment%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

635452_Download announcement as PDF.pdf