Market Update

RNS Number : 3682L
Thor Mining PLC
27 April 2015
 

 

 

 

27 April 2015

 

THOR MINING PLC

 

Thor Mining PLC ("Thor" or the "Company")

 

MARKET UPDATE

 

The Directors of Thor Mining PLC ("Thor") (AIM, ASX: THR) note the recent increase in the Company's trading volumes and also certain bulletin board speculation.  The Board confirms that they are not aware of any reason for the increase in trading volumes and specifically confirm that the Company has not held any discussions regarding the Molyhil Project in Indonesia nor have publicly made any comments to this effect.

Notwithstanding this, several entities are reviewing the Molyhil Project, however these assessments may or may not lead to agreements.  The Directors are hopeful that a financing arrangement will be achieved in the near term and any financing will be announced to the market if and when it occurs.

Thor will update AIM and ASX on any change to the above information in accordance with its obligations under the AIM Rules for Companies and ASX Listing 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/

Harrison Clarke/

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

 

 

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.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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