Business
RESULT OF GENERAL MEETING
RESULT OF GENERAL MEETING.
About this update from Thor Energy Plc
[{"type":"text","content":"\n \nRNS Number : 8837L Thor Mining PLC 06 October 2016 \n\n \n6 October 2016\n \n \nTHOR MINING PLC\n \nRESULT OF GENERAL MEETING\n \nThor Mining PLC (\"Thor\" or the \"Company\") (AIM, ASX: THR), the Australian tungsten and gold explorer and developer, announces that, at the General Meeting of the Company which was held earlier today, all resolutions were duly passed without amendment.\nAs a result, the directors have been granted the necessary authorities to complete the Placement, announced on 1 September 2016, of a total of 1,400,000,000 ordinary shares of 0.01 pence each in the capital of the Company (\"Ordinary Shares\"), with 1,400,000,000 free attaching warrants, and the conversion of A$150,000 of owed to Thor directors into 346,000,000 Ordinary Shares and 346,000,000 Warrants on the same terms as the Placement (the \"Debt Conversion Securities\").\nSettlement and dealings\nOn 5 September 2016, the Company issued and allotted the first tranche of those securities, pursuant to the Placement, comprising 400,000,000 Ordinary Shares with 400,000,000 Warrants. Application has been made to the AIM Market of the London Stock Exchange (\"AIM\") for a total of 1,346,000,000 Ordinary Shares, comprising the balance of 1,000,000,000 Ordinary Shares being issued pursuant to the Placement and the 346,000,000 Debt Conversion Securities, all of which rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading. Dealings on AIM for 1,000,000,000 Ordinary Shares are expected to commence at 8:00am on 7 October 2016 and for 346,000,000 Ordinary Shares at 8:00am on 11 October 2016 (\"Admission\"). \nTotal Voting Rights\nFor the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules (\"DTRs\"), following Admission, Thor will have 7,482,387,510 Ordinary Shares in issue with voting rights attached. Thor holds no shares in treasury. This figure of 7,482,387,510 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the ASX Listing Rules or the DTRs. \n \nMick Billing Executive Chairman of Thor Mining commented in a statement read to the meeting, \"I am pleased to have secured shareh...