Notice to Warrant Holders

RNS Number : 4831S

Thor Mining PLC

19 May 2009

 

THOR MINING PLC

NOTICE TO WARRANT HOLDERS

Dated: 19 May 2009

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 announcement on the Australian Stock Exchange ('ASX') in compliance with the rules of the ASX:

Expiry of June 2009 Warrants 

The June 2009 warrants (ASX: THRO; AIM: THRW) issued by the Company are due to expire on 15 June 2009. In accordance with the terms and conditions of the warrant issue and the ASX Listing Rules the Company advises as follows:

• The latest date for the exercise of the warrants is 15 June 2009;

• The exercise price of the warrants is 8 pence;

• The last date of quotation on the Australian Stock Exchange of the June 2009 warrants will be 8 June 2009;

• The consequence of non payment of the exercise price is that the warrants will lapse;

• The market price of the underlying securities at the date of this letter is 3.4 cents; and

• The highest and lowest market price of the underlying securities during the three months prior to 18 May 2009 was 4.6 cents on 14 May 2009 and 1.3 cents on 4 March 2009 respectively.

If you have any queries in relation to the above please do not hesitate to contact the Company.

Enquiries:

Mick Billing	+ 61 (0)414 741 007	Thor Mining PLC	Executive Chairman
Damian Delaney	[phone]	Thor Mining PLC	Company Secretary
John Simpson	020 7776 6550	Daniel Stewart & Co	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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