4th Apr 2008 09:43
Thor Mining PLC04 April 2008 THOR MINING PLC AUSTRALIAN STOCKBROKERS OPES PRIME IN RECEIVERSHIP Dated: 4 April 2008 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 information in relation to theAustralian stockbrokers Opes Prime being placed into receivership and the impactof that on the Thor securities. A receiver and an administrator were appointed to the Opes Prime Group, OpesPrime Stockbroking, Leveraged Capital and Hawkswood Investments, late onThursday 27 March 2008. Chris Campbell and Salvatore Algeri of DeloitteCorporate Reorganisation Group have been appointed receivers of Opes, andFerrier Hodgson has been appointed administrator. Deloitte was appointedreceiver by a secured creditor of Opes, ANZ Banking Group Ltd. The Directors of Thor disclose the following information based on enquiries madeby the company in regards to Opes Prime and relevant correspondence received on3 April 2008. The Directors were informed by Salvatore Algeri, Receiver and Manager on behalfof Opes Prime that 6,389,869 ordinary shares of 0.3p each in the share capitalof the Company and 2,551,877 warrants were the subject of agreement(s) betweenOpes Prime and its customer(s). This represents 4.5% of the Company's issued ordinary shares and 3.9% of thewarrants. The Company is not in receipt now, nor has it ever receivedsubstantial shareholding notices in relation to this holding. The Company confirms that none of its Directors hold ordinary shares or warrantsin the Company through an account with Opes Prime. Enquiries: John Young + 61 (0)419 954 020 Thor Mining PLC Chief Executive Officer John Simpson 020 7512 0191 Blomfield Corporate Finance Ltd Nominated Adviser Leesa Peters 020 7429 6600 Conduit PR Limited Public Relations or Jos 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 ExchangeRelated Shares:
Thor Energy