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Issue of Options

24th Sep 2007 12:56

Thor Mining PLC24 September 2007 THOR MINING PLC Issue of Options Dated: 24 September 2007 Thor Mining PLC ("the Company" or "Thor"), AIM, ASX: "THR" the specialist metalscompany focused on advancing tungsten-molybdenum and uranium projects in theNorthern Territory of Australia, today announces the issue of options toemployees and consultants. The Company has today approved the grant of 2,750,000 Options to employees andconsultants as set out in the table below. These Options vest immediately andare exercisable on or before 15 June 2009 at an exercise price of 11p. Table 1: Name Position Number of OptionsBallyhoo Marketing & Communications Marketing Consultant 1,000,000Pty LtdStuart Till Exploration Manager 800,000Phil Tribbick Development Manager 500,000Simon MacLean Project Manager 200,000Greg Taylor Field Geologist 100,000Linda Paini Financial Accountant 100,000Andrea Riley Personal Assistant 50,000 Enquiries: John Young + 61 (0)419 954 020 Thor Mining PLC Chief Executive OfficerJohn Simpson 020 7512 0191 ARM Corporate Finance Ltd Nominated Adviser Leesa Peters 020 7429 6600 Conduit PR Limited Public Relations orJos Simson 020 7429 6603 Nicholas Read + 61 (0) 8 9388 1474 Read Corporate Public Relations/Australia 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 Exchange

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Thor Energy
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