Mll2018 Appenclx 3B- RNS- L..ondcn stock Exchlqa

Regulatory Story

Gotomarket news sec:Uon

lborMkllng PLC - lllR

Released 09:4801-Jun-2016

Appandlx3B

RNS Number :8606Z Thor Mining PLC 01June 2016

Wednesday, 1June 2016

THOR MINING PLC

Thor Mining PLC ('Thor" or the company")

The Directors of Thor Mining PLC (AIM,ASX: THR) today released the fol owing announcement on the Australian Secur1tles Exchange r.ASX") as Ired under the listing rues of the ASX.

Appendix 3B

RJ,fe2.7,3.10.3, 3.10.4, 3.10.S

New issue announcement,

application for quotation of additional securities and agreement

Information or documfflrls not IIVllilable ,row must begiva to ASX os soon cu avoilabk Infim,ultion a,uJ doaunellt.!

given toASX becomeASJts property a,uJmaybemadePflbllc.

IlllloducedOl/07196 Origin: Appettdill.,Anmded01/07198,01/09199,01/07/00, 30!09/01,11/03/0'2,01/01/03, 24/10/0.S,01/08/12

mu

Name of entity

Mining PLC

ABN

1121111673

We (the entity) give ASX the following information.

Part 1- All issues

You mmtoomp/de lite 1WIMDlls«:tioAr (attach sltetd.r f tlu!re is Ml mough space).

1. Ordinary shares I CDis

2. Ordinary Shares

3. Unlisted Options (tenned warrants inthe UK)

1 -+Class of+securitiesissued orto be issued

2 Number of +securities issued or to a) 'lransfers of Nil between ASX listed CDrs and be issued (ifknown) or maximum AIM listed shares on the AIM Market of the number which may be issued London Stock Exchange, during the period 1

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May 2016 to 31 May 2016.

1. Issue of 336,000,000 Ordinary Shares to sophisticated investors in the UK on 1 J\Dle 2016.

   Thereby increasing the total number of securities, listed on both AIM and ASX, to 4,872,387,510 as at 1 J1D1e 2016.

2. Issue of 336,000,000 unlisted options to sophisticated investors, on the basis of one free option for every one Ordinary Share subscribed for Wlder (b).

This represents:

1. Transfers of Nil between ASX listed COi's and AIM listed shares on the AIM Market of the London Stock Exchange, during the period 1 May 2016 to 31 May 2016.

2. Issue of 336,000,000 ordinary shares at a price of £0.00025 (0.025 pence) per share, as annO\Dlced to the ASX on 18 May 2016.

3. Issue of 336,000,000 IDllisted options on the basis of one free option per one share subscribed for Wlder (b). Each option is exercisable for

£0.0005 (0.05 pence) for one share, with an exoirv date of 1December 2018.

1. Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid

   +securities, the amount outstanding and due dates fur payment; if +convertible securities, the conversion price and dates for conversion)

2. Do the +securities rank equally in a) all respects from the date of b) allotment with an existing +class c) of quoted +securities?

   If the additional securities do not

   rank equally, please state:

   • the date from which they do

   • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

   • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

Yes. Yes.

No. The securities will rank equally with ordinary shares upon exercise of the options (if the option holders elect to do so).

a) NIA

1. Ordinary shares £0.00025 (0.025 pence) per share.

2. Unlisted options Nil consideration. Issued on the basis of one free option per one share subscribed for W1der (b).

5 Issue price orconsideration

Is the entity an +eligible entity that Yes has obtained security holder approval under rule 7.lA?

6a

If Yes, complete sections 6b - 6h in

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relation to the +securities the subject of this Appendix 3B, and comply with section 6i

The date the security holder 1 26 November 2015

resolution under rule 7.lA was

passed

6b

Number of +securities issued a) NIA

without security holder approval b) 336,000,000 Ordinary shares. uoder rule 7.1 c) 336,000,000 Unlisted options.

6c

Number of +securities issued with I N/A security holder approval uoder rule

7.IA

6d

N/A

Number of +securities issued with security holder approval uoder rule 7.3, or another specific security

6e holder approval (specify date of mee1ing)

Number of securities issued under I N/A

an exception in rule 7.2

6f

NIA

Ifsecurities issued under rule 7.lA, was issue price at least 75% of 15 day VWAP as calculated uoder

6grule 7.IA.3? Include the issue date and both values. Include the source ofthe VWAP calculation.

If securities were issued under rule I N/A

7.lA for non-cash consideration,

state date on which valuation of

6h consideration was released to ASX Market Announcements.

8

9

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(Held by issuer of debt facility).

0.1 pence unlisted warrants 26,763,987 expiring 22 September 2016.

(Held by an Associate).

0.075 pence unlisted warrants 525,000,000 expiring 28 July 2016.

0.05 pence unlisted warrants 336,000,000 expiring I December 2018.

10 Dividend policy (in the case of a I No Policy

trust, distribution policy) on the

increased capital (interests) -----------------

Part 2 - Bonus issue or pro rata issue - Not Applicable

Part 3 - Quotation of securities

You need only complete this section ifyou are applyingfor quotation of securities

1. Type of securities

   (tick one)

2. Securities described in Part 1

3. All other securities

4. Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

   Entities that have ticked box 34(a)

   Additional securities forming a new class of securities

   Tick to indicate you are providing the information or

   documents

5. Ifthe +securities are -+equity securities, the names of the 20 largest holders of the additional +securities, and the number and percentage of additional +securities held by those holders

6. If the +securities are +equity securities, a distribution schedule of the additional

   +securities setting out the number of holders inthe categories 1- 1,000

   1,001 - 5,000

   5,001 - 10,000

   10,001 - 100,000

   100,001 and over

7. A copy of any trust deed forthe additional +securities

   Entities that have ticked box 34(b)

   Number of securities for which

8. -+quotation is sought

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