Last checked at 11 Dec 2015 13:00
THOR MINING PLC
("Thor" or "the Company")
ISSUE OF EQUITY
11 December 2015
At the Annual General Meeting of the Company held on 26 November 2015, shareholders approved the issue, within one month of the AGM, of 356,898,014 ordinary shares of 0.01p each in the capital of the Company ("Ordinary Shares") at a price of A$0.000835 (0.00835 cents) per Ordinary Share, in lieu of cash remuneration ("Remuneration Shares").
Application has been made for the admission of the Remuneration Shares to trading on AIM with admission expected to take place on 17 December 2015.
Following admission of the Remuneration Shares, the Company's issued share capital will comprise 4,536,387,510 Ordinary Shares. The Company does not hold any shares in Treasury. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
Enquiries:
Mick Billing | +61 (8) 7324 1935 | Thor Mining PLC | Executive Chairman |
Ray Ridge | +61 (8) 7324 1935
| Thor Mining PLC | CFO/Company Secretary
|
Colin Aaronson/ Daniel E Bush/ Richard Tonthat
| +44 (0) 207 383 5100
| Grant Thornton UK LLP
| Nominated Adviser |
Gerry Beaney/ David Hignell John Howes/ Mark Treharne
| +44 (0) 207 382 1100
| Northland Capital Partners Limited | Broker |
Alex Walters | +44 (0) 7771 713608 +44 (0) 207 839 9260 | Cadogan PR | Financial PR |