Business
Notice of General Meeting and Issue of Equity
Notice of General Meeting and Issue of Equity.
About this update from Thor Energy Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9650A\n Thor Mining PLC\n 02 October 2020\n \n \n \n \n \n \n \n 2 October 2020\n \n \n \n \n \n \n THOR MINING PLC\n \n \n \n \n \n \n \n NOTICE OF GENERAL MEETING\n \n \n \n \n and\n \n \n \n \n ISSUE OF EQUITY\n \n \n \n \n \n \n Thor Mining PLC (\"Thor\" or \"the Company\") (AIM, ASX: THR) \n has today posted the notice of the General Meeting to be held at the office of Thor Mining, 58 Galway Avenue, Marleston, South Australia on 20 October 2020 at 5.00 p.m. (Australian Central Daylight Time) (the \"General Meeting\").\n \n \n The difficulties with air transport, the need for quarantine and allied matters means that the general meeting will be held in Australia with only two directors or senior employees present each of whom is either a shareholder, or a proxy, or a corporate representative appointed by a shareholder. No other shareholder, proxy or corporate representative should attend the general meeting in person. The attendance by a shareholder (other than the ones specifically required to form the quorum for that meeting) is not essential.\n \n \n \n \n \n All resolutions of the general meeting will be decided on a poll. Shareholders will still be able to vote in advance of the general meeting by proxy. To ensure that their vote counts, shareholders should only appoint the chairman of the general meeting to act as their proxy.\n \n \n \n \n \n Should changes with regard to the impact of Covid-19 be announced by either government before the general meeting, the directors will consider those changes and the impact on the proposed general meeting. Any proposed changes will be announced on the website.\n \n \n \n \n \n The purpose of the General Meeting is to consider, and if thought fit, pass the resolutions contained in the notice of meeting.\n \n \n Resolutions 1 and 2 provide the directors with the appropriate authorities, respectively, to issue shares and dis-apply pre-emption rights for existing shareholders. Resolution 1 is a requirement under English company law where the Company wishes to allot new securities; resolution 2 is a requirement under English company law where the Company wishes to do so for cash without first offering those securities on a pro rata basis to existing shareholders.\n \n \n Resolutions 3 to 7 inclusive relate to a £1,...