26 March 2013
THOR MINING PLC
POSTING OF SUPPLEMENTARY OFFER DOCUMENT
The directors of Thor Mining PLC ("Thor" or "the Company") (AIM, ASX: THR) announce that further to the announcement made on 18 March 2013 regarding the open offer ("Offer") to all eligible security holders to subscribe for new shares or CDIs in the Company, a Supplementary Offer Document will also be posted to eligible security holders on 26 March 2013.
The full text of the Supplementary Offer Document is appended to this announcement.
Enquiries: |
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|
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Mick Billing |
+61 (8) 7324 1935 |
Thor Mining PLC |
Executive Chairman |
Allan Burchard |
+61 (8) 7324 1935 |
Thor Mining PLC |
CFO/Company Secretary |
Gerry Beaney/ David Hignell |
+44 (0) 207 383 5100 |
Grant Thornton Corporate Finance |
Nominated Adviser |
Nick Emerson/ Renato Rufus |
+44 (0) 1483 413500 |
Simple Investments |
Broker |
Alex Walters |
+44 (0) 7771 713608 +44 (0) 207 839 9260 |
Cadogan PR |
Financial PR |
THOR MINING PLC
(Incorporated in England and Wales with Registered Number 05276414)
(ARBN 121 117 673)
Supplementary Offer Document
IMPORTANT INFORMATION
This Supplementary Offer Document is dated 26 March 2013 and is supplementary to the
open offer document dated 18 March 2013 issued by Thor Mining PLC (incorporated in England and Wales with Registered Number 05276414) (ARBN 121 117 673) (Company) (Offer Document).
This Supplementary Offer Document was lodged with the Australian Securities and Investments Commission (ASIC) as a supplementary prospectus for the purposes of the Australian Corporations Act 2001 on 26 March 2013. ASIC does not take any responsibility for the contents of this Supplementary Document.
This Supplementary Offer Document must be read together with the Offer Document. If there is a conflict between the Offer Document and this Supplementary Offer Document, this Supplementary Offer Document will prevail. Terms and abbreviations defined in the Offer Document have the same meaning in this Supplementary Offer Document.
This Supplementary Offer Document will be sent to Eligible Security Holders at the same time as the Offer Document.
This document is important and should be read in its entirety. Please consult your legal, financial or other professional adviser if you do not fully understand the contents.
AMENDMENTS TO OFFER DOCUMENT
The number of Shares in which Director, Trevor Ireland, has a beneficial interest has been erroneously overstated in the Offer Document by 500,000 Shares, equating to 0.05% of the issued capital of the Company as at the date of this document. The Offer Document is amended by this Supplementary Offer Document to correct that error by varying the following sections of the Offer Document:
(a) In the fourth paragraph of the section of the Chairman's letter headed "Introduction" and in the first paragraph of the section of the Chairman's letter headed "Recommendation", the number "78,329,717" is replaced with the number "77,829,717" and the reference to "8.66 per cent" is replaced with "8.61 per cent".
(b) The table in Section 5.1.1 of Part 6 of the Offer Document is deleted in its entirety and is replaced with the following:
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As at 8 March 2013 |
As at Admission |
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Director |
Number of Ordinary Shares/CDIs held |
% of Issued Share Capital |
Number of Ordinary Shares/CDIs held |
% of Enlarged Share Capital2 |
% of Enlarged Share Capital3 |
Michael Billing |
9,320,657 |
1.03% |
16,783,344 |
1.24% |
1.81% |
Michael Ashton1 |
61,083,211 |
6.76% |
68,545,898 |
5.06% |
7.40% |
Gregory Durack |
3,126,869 |
0.35% |
6,111,944 |
0.45% |
0.66% |
David Thomas |
1,000,000 |
0.11% |
3,328,358 |
0.25% |
0.36% |
Trevor Ireland |
3,298,980 |
0.36% |
5,537,786 |
0.41% |
0.60% |
Directors' Authorisation
This Supplementary Offer Document is issued by the Company and its issue has been authorised by a resolution of the Directors. In accordance with Section 720 of the Corporations Act, each Director has consented to the lodgement of this Supplementary Offer Document with ASIC.
Signed for and on behalf of
Thor Mining plc
Michael Robert Billing
Executive Chairman
Dated: 26 March 2013
Note: All other details in relation to the terms of the Offer and other related matters in the Offer Document remain unchanged.