Thor Energy Regulatory News (THR)

Name of entity

Thor Mining Plc

ABN

121 117 673

1

+Class of +securities issued or to be issued

Chess Depository Interests (CDIs) issued over

ordinary shares.

2

Number of +securities issued or to be issued (if known) or maximum number which may be issued

Transfer of 23,141,830 Ordinary Shares from

London Stock Exchange (AIM) to CDIs listed on ASX during the period from 1 March to 31 March 2012. (Note that this is a correction to, and an addition to, the number of transfers previously disclosed for the period from 1 January 2012 to 31 May 2012)

Transfer of 7,341,610 Ordinary Shares, from London Stock Exchange (AIM) to CDIs listed on ASX during the period from 1 June to 31 July 2012.

Release of 40,000,000 shares from restriction as of 3 August 2012.

Thereby increasing the number of ASX listed CDIs to 391,307,315 as at 3 August 2012

3

Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

This represents:

·; The transfer of 30,483,440 Ordinary Shares issued in England (AIM) to CDIs listed on ASX, during the months of March, June and July 2012.

·; The release of 40,000,000 ordinary shares, listed as CDIs, at the end of a restriction period.

4

Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?

If the additional securities do not rank equally, please state:

·; the date from which they do

·; the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

·; the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

Yes

5

Issue price or consideration

Transfer - Not Applicable

Release - Not Applicable

6

Purpose of the issue

(If issued as consideration for the acquisition of assets, clearly identify those assets)

Transfer of securities from Ordinary shares listed on the London Stock Exchange (AIM) to ASX listed CDIs.

Release of securities from restriction.

6a

Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A?

If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i

6b

The date the security holder resolution under rule 7.1A was passed

6c

Number of +securities issued without security holder approval under rule 7.1

6d

Number of +securities issued with security holder approval under rule 7.1A

6e

Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)

6f

Number of securities issued under an exception in rule 7.2

6g

If securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the issue date and both values. Include the source of the VWAP calculation.

6h

If securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements

6i

Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements

7

Dates of entering +securities into uncertificated holdings or despatch of certificates

Transfer - 1 to 31 March 2012, and 1 June 2012 to 31 July 2012.

Release - 3 August 2012

Number

+Class

8

Number and +class of all +securities quoted on ASX (including the securities in section 2 if applicable)

391,307,315

Ordinary Shares quoted by ASX (As CDIs) "THR" (as at 3 August 2012).

Number

+Class

9

Number and +class of all +securities not quoted on ASX (including the securities in section 2 if applicable)

414,575,752

8,000,000

1,000,000

1,000,000

Ordinary Shares listed on London Stock Exchange AIM market.

4 cent Unlisted Options expiring 24 November 2013 (Held by Directors)

5 cent Unlisted Options expiring 20 December 2013

(held by Associates)

3.5 cent Unlisted Options expiring 13 June 2014

(held by Associates)

10

Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

No policy

11

Is security holder approval required?

Not Applicable

12

Is the issue renounceable or non-renounceable?

13

Ratio in which the +securities will be offered

14

+Class of +securities to which the offer relates

15

+Record date to determine entitlements

16

Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?

17

Policy for deciding entitlements in relation to fractions

18

Names of countries in which the entity has +security holders who will not be sent new issue documents

Note: Security holders must be told how their entitlements are to be dealt with.

Cross reference: rule 7.7.

19

Closing date for receipt of acceptances or renunciations

20

Names of any underwriters

21

Amount of any underwriting fee or commission

22

Names of any brokers to the issue

23

Fee or commission payable to the broker to the issue

24

Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of +security holders

25

If the issue is contingent on +security holders' approval, the date of the meeting

26

Date entitlement and acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled

27

If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders

28

Date rights trading will begin (if applicable)

29

Date rights trading will end (if applicable)

30

How do +security holders sell their entitlements in full through a broker?

31

How do +security holders sell part of their entitlements through a broker and accept for the balance?

32

How do +security holders dispose of their entitlements (except by sale through a broker)?

33

+Despatch date

34

Type of securities

(tick one)

(a)

ü

Securities described in Part 1

(b)

ü

All other securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Tick to indicate you are providing the information or documents

35

If the +securities are +equity securities, the names of the 20 largest holders of the additional +securities, and the number and percentage of additional +securities held by those holders

36

If the +securities are +equity securities, a distribution schedule of the additional +securities setting out the number of holders in the categories

1 - 1,000

1,001 - 5,000

5,001 - 10,000

10,001 - 100,000

100,001 and over

37

A copy of any trust deed for the additional +securities

38

Number of securities for which +quotation is sought

40,000,000

39

Class of +securities for which quotation is sought

Ordinary shares quoted as CDIs

40

Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?

If the additional securities do not rank equally, please state:

·; the date from which they do

·; the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

·; the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

Yes

41

Reason for request for quotation now

Example: In the case of restricted securities, end of restriction period

(if issued upon conversion of another security, clearly identify that other security)

End of restriction period

Number

+Class

42

Number and +class of all +securities quoted on ASX (including the securities in clause 38)

391,307,315

Ordinary

Mick Billing

+61 (0) 8 7324 1935

Thor Mining PLC

Executive Chairman

Allan Burchard

+61 (0) 8 7324 1935

Thor Mining PLC

CFO/Company Secretary

Gerry Beaney / David Hignell

+44 (0) 20 7383 5100

Grant Thornton Corporate Finance

Nominated Adviser

Nick Emerson/ Renato Rufus

+44 (0) 1483 413500

Simple Investments

Broker

Alex Walters/ Emma Wigan

+44 (0) 77 7171 3608

+44 (0) 20 7839 9260

Cadogan PR

Financial PR