29 April 2013
THOR MINING PLC
Results of Open Offer to all Shareholders
The directors of Thor Mining Plc ("Thor" or "the Company") (ASAX, AIM: THR) announce that pursuant to the Open Offer to all shareholders dated 18 March 2013, the Company has received applications for the following securities:
· Shares to be listed on London Stock Exchange (AIM): 57,048,476
of which:
· The number of CDIs to be listed on ASX is: 40,134,818
Total proceeds from the above applications approximate A$382,000 or GBP256,000.
In accordance with the terms of the Open Offer, a total of 28,524,264 free attaching Warrants (or options for Australian and New Zealand purposes) will be granted to those security holders who participated in the Open Offer. The Warrants to be granted to the Australian and New Zealand applicants for CDIs under the Open Offer do not meet ASX's requirements for quotation of a new class of securities and will not be quoted on ASX or AIM.
The Shares, CDIs and free attaching Warrants to be issued and granted pursuant to the Open Offer are expected to be allotted on or about 30 April 2013.
The total number of listed securities on issue after the completion of the allotment will be 982,814,766
In addition, the company will have a total of 127,765,352 unlisted options not quoted on AIM or ASX.
Enquiries:
|
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 |
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.
This information is provided by RNS