Appendix 3B

RNS Number : 1663F

Thor Mining PLC

06 October 2008

 

THOR MINING PLC

Appendix 3B

Dated: 6 October 2008

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 released the following report on the Australian Stock Exchange ('ASX'),as required under the rules of the ASX.

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, 

application for quotation of additional securities 

and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.

Name of entity

Thor Mining PLC

ARBN

121 117 673

We (the entity) give ASX the following information.

Part 1 ߛ All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1	+Class of +securities issued or to be issued		Unlisted options and listed warrants released from escrow
2	Number of +securities issued or to be issued (if known) or maximum number which may be issued		11,000,000 unlisted options and 2,000,000 listed warrants
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)		11,000,000 unlisted options and 2,000,000 listed warrants exercisable on or before 15 June 2009 at 8 pence.
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, the 2,000,000 listed warrants rank equally with the listed warrants (ASX:THRO)
5	Issue price or consideration	Nil consideration
6	Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)	Options and warrants released from escrow on 27 September 2008
7	Dates of entering +securities into uncertificated holdings or despatch of certificates	30 September 2008
		Number			+Class
8	Number and +class of all +securities quoted on ASX (including the securities in clause 2 if applicable)	149,470,949 65,574,783		Ordinary shares Warrants expiring 15 June 2009 @ 0.08 pence per share
			Number	+Class
9	Number and +class of all +securities not quoted on ASX (including the securities in clause 2 if applicable)		11,000,000 2,500,000 2,666,666 666,667 455,000 2,750,000	8 pence Unlisted Options expiring 15 June 2009  8 pence Unlisted Options expiring 15 June 2009 11.25 pence Unlisted Options expiring 15 June 2009  11.25 pence Unlisted Options expiring 15 June 2009 6 pence Unlisted Options expiring 29 June 2010 11 pence Unlisted Options expiring 15 June 2009
10	Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)		No policy

Part 2 ߛ Bonus issue or pro rata issue - Not applicable

Part 3 ߛ Quotation of securities

You need only complete this section if you are applying for quotation of securities

34	Type of securities  (tick one)
(a)		Securities described in Part 1

(b)

☑

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

Entities that have ticked box 34(a) 

Additional securities forming a new class of securities - Not applicable

Quotation agreement

1    +Quotation of our additional +securities is in ASX's absolute discretion. ASX may quote the +securities on any conditions it decides.  

2    We warrant the following to ASX.

•    The issue of the +securities to be quoted complies with the law and is not for an illegal purpose.

•    There is no reason why those +securities should not be granted +quotation.

•    An offer of the +securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.  

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

•    Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any +securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted.

•    If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the +securities be quoted.

3    We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

4    We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here:                                                                   Date: 6 October 2008

        (Company Secretary)

Print name:     Damian Delaney

Enquiries:

John Young	[phone]	Thor Mining PLC	Chief Executive Officer
Damian Delaney	[phone]	Thor Mining PLC	Chief Financial Officer
John Simpson	[phone]	Blomfield Corporate Finance Ltd	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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