Appointment of CFO and Austra

RNS Number : 0705U

Thor Mining PLC

17 June 2009

 

THOR MINING PLC

Appointment of Chief Financial Officer & Australian Company Secretary

Thor Mining PLC ('the Company' or 'Thor'), AIM, ASX: 'THR', the specialist metals company focused on advancing tungsten-molybdenum and uranium projects in the Northern Territory of Australia, today announces the appointment of Laurie Ackroyd as Chief Financial Officer and Australian Company Secretary, with effect from 16 June 2009 following the resignation of Damian Delaney, with effect from 16 June 2009. Damian Delaney's resignation is due to the impending relocation of the company administration and accounting offices from Perth to Adelaide over the next few weeks.

Laurence (Laurie) Ackroyd, aged 60, B A - Accounting

Laurie is an accountant with over 45 years experience in the building services, manufacturing and transportation industries where he held senior financial executive and company secretarial positions. He was a Director of the ASX listed company, K & S Corporation Ltd and its subsidiaries for 16 years until July 2007.

Laurie was appointed Chief Financial Officer and Company Secretary of Western Desert Resources Limited on 14 April 2009.

Laurie is based in Adelaide, South Australia.

The following are details of all current and former directorships in the previous five years held by Laurie Ackroyd.

Full Name: Laurence Ackroyd:

Current Directorships	Former Directorships
None	K & S Corporation Limited and its subsidiaries.
	AA Scott Holdings Pty Ltd
	Ascot Insurance Brokers
	Pty Ltd
	Ascot Investments Pty Ltd
	Ascot Petroleum Pty Ltd
	Blakiston-Gibbs Pty Ltd
	Blasdom Pty Ltd
	Chessboy Pty Ltd
	Co-Ord Transport Pty Ltd
	DGL (Aus) Pty Ltd
	First Radio Pty Ltd
	Flinders Group Pty Ltd
	Hadjar Pty Ltd
	JA Sutherland and Co
	(Kyabram) Pty Ltd
	K & S Corporation Ltd
	K & S Group Pty Ltd
	K & S Integrated
	Distribution Pty Ltd
	K & S Logistics Pty Ltd
	K & S Freighters Pty Ltd
	K & S Group
	Administrative Services
	Pty Ltd
	K &S Transport
	Management Pty Ltd
	Kain & Shelton (Agencies)
	Proprietary Ltd
	Kain & Shelton
	Proprietary Ltd
	Kingdom Pty Ltd
	McQuillan Holdings Pty
	Ltd
	Norsab Petroleum Pty Ltd
	Northern Territory Freight Services Pty Ltd
	Northfuels Pty Ltd
	Parramatta Produce Co Pty Ltd
	QNT Freight services Pty Ltd
	Red Desert Minerals Pty Ltd
	Reid Bros Pty Ltd
	Robert Boyd Transport (Aust) Pty Ltd
	S and S Holdings Pty Ltd
	Sabadin Petroleum Pty Ltd
	SA Sawmilling Pty Ltd
	Scotts Agencies Pty Ltd
	Scotts Maintenance Pty Ltd
	Scott Petroleum Pty Ltd
	Scott's Transport Industries Pty Ltd
	Scotts Distributors Proprietary Limited
	Scotts Management Pty Ltd
	Sneaths Freightlines Pty Ltd
	Wallcrest Pty Ltd
	WDR Base Metals Pty Ltd
	WDR Gold Pty Ltd
	WDR Iron Ore Pty Ltd
	Western Desert Resources Ltd
	Zeds Pty Ltd
	Zentara Pty Ltd

There are no further details to be disclosed under Rule 17 Schedule 2 paragraph (g) of the AIM Rules in relation to Laurie Ackroyd.

Laurie Ackroyd currently holds no shares in the Company. Western Desert Resources Limited, of which he is Chief Financial officer and Company Secretary, currently holds 24,973,076 Ordinary shares (14.6%) in Thor. Laurie is currently the holder of 500,000 unlisted options, expiring April, 2012 in Western Desert Resources Limited.

Commenting on the departure of Damian, Mick Billing Executive Chairman said: 'The Board would like to thank Damian for his contribution to the Company's development and wishes him well for the future'.

Enquiries:

Mick Billing	+ 61 (0)414 741 007	Thor Mining PLC	Executive Chairman
Stephen Ronaldson	+61 (0)20 7580 6075	Thor Mining PLC	UK Company Secretary
John Simpson	+ 44 (0)20 7776 6550	Daniel Stewart & Company plc	Nominated Adviser

Updates on the Company's activities are regularly posted on Thor's website www.thormining.com, which includes a facility to register to receive these updates by email.

 

END

 

 

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