23rd Feb 2007 07:01
Thor Mining PLC23 February 2007 THOR MINING PLC Block Admission Application Dated: 23 February 2007 Thor Mining PLC ("Thor" or the "Company") the specialist metals companycurrently focussed on advancing tungsten-molybdenum and uranium projects in theNorthern Territory of Australia has made an application to the London StockExchange for a block admission to trading on AIM on 28 February 2007 of25,750,000 ordinary shares of 0.3p per share in the capital of the Company (the"Block Admission"), circa twenty percent of the Company's current issuedordinary shares. On 22 September 2006 67,445,833 Warrants were admitted to trading on AIM. TheWarrants which each confer the right to subscribe for one ordinary shares at 8pper share are exercisable at any time up to 15 June 2009. The Block Admissionconsists of ordinary shares to be issued on the exercise of the Warrants thatthe Company aggregates and issue on a monthly basis under the terms of theWarrant Instrument. These shares will rank pari passu with the existing issuedordinary shares. Following the announcement on 16 February 2007 that 55,519 Warrants had beenexercised, there are 67,390,214 Warrants to be exercised. The Company willnotify the public through an RNS announcement the information required inSchedule Eight of the AIM Rules immediately following 30 June and 31 December ineach year. The next notification will be for the period 1 January 2007 to 30June 2007. Enquiries: John Barr 00 61 418 912 885 Thor Mining PLC Executive ChairmanJohn Simpson 020 7512 0191 ARM Corporate Finance Ltd Nominated AdviserLeesa Peters 020 7429 6600 Conduit PR Limited Public Relations orJos Simson 020 7429 6603 Updates on the Company's activities are regularly posted on Thor's websitewww.thormining.com, which includes a facility to register to receive theseupdates by email. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Thor Energy