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Notice to Warrant Holders

19th May 2009 09:32

RNS Number : 4831S
Thor Mining PLC
19 May 2009
 

THOR MINING PLC

NOTICE TO WARRANT HOLDERS

Dated: 19 May 2009

Thor Mining PLC ("the Company" or "Thor"), AIM, ASX: "THR" the specialist metals company focused on advancing tungsten-molybdenum and uranium projects in the Northern Territory of Australia, today released the following announcement on the Australian Stock Exchange ("ASX") in compliance with the rules of the ASX:

Expiry of June 2009 Warrants 

The June 2009 warrants (ASX: THRO; AIM: THRW) issued by the Company are due to expire on 15 June 2009. In accordance with the terms and conditions of the warrant issue and the ASX Listing Rules the Company advises as follows:

The latest date for the exercise of the warrants is 15 June 2009;

The exercise price of the warrants is 8 pence;

The last date of quotation on the Australian Stock Exchange of the June 2009 warrants will be 8 June 2009;

The consequence of non payment of the exercise price is that the warrants will lapse;

The market price of the underlying securities at the date of this letter is 3.4 cents; and

The highest and lowest market price of the underlying securities during the three months prior to 18 May 2009 was 4.6 cents on 14 May 2009 and 1.3 cents on 4 March 2009 respectively.

If you have any queries in relation to the above please do not hesitate to contact the Company.

Enquiries:

Mick Billing

+ 61 (0)414 741 007

Thor Mining PLC

Executive Chairman

Damian Delaney

+61 (0) 438 921 666

Thor Mining PLC

Company Secretary

John Simpson

020 7776 6550

Daniel Stewart & Co

Nominated Adviser

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
The company news service from the London Stock Exchange
 
END
 
 
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