Thor Mining PLC (AIM:THR) EXERCISE OF WARRANTS

 

The Board of Thor Mining Plc (“Thor” or the “Company”) (AIM, ASX: THR), is pleased to advise that it has received binding warrant exercise notices for the conversion of 2,904,762 warrants at the exercise price shown below, resulting in aggregate gross proceeds being receivable by the Company of £26,143.

Settlement and dealings

Application will be made to the AIM Market of the London Stock Exchange (“AIM”) for 2,904,762 Thor ordinary shares of 0.01p each (“Ordinary Shares”), pursuant to the warrant exercise, which rank pari passu with the Company’s existing issued Ordinary Shares, to be admitted to trading. Dealings on AIM are expected to commence at 8:00am on or around 13 July 2018 (“Admission”).

Total Voting Rights

For the purposes of the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (“DTRs”), following Admission, Thor will have 651,478,308 Ordinary Shares in issue with voting rights attached. Thor holds no shares in treasury. This figure of 651,478,308 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.

 


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