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THR Thor Energy Plc

1.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Thor Energy Plc LSE:THR London Ordinary Share GB00BRJ52319 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 1.20 1.30 1.25 1.25 1.25 194,000 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -520k -0.0019 -6.58 3.48M

Thor Mining PLC Appendix 3B (4790T)

06/01/2017 7:00am

UK Regulatory


Thor Energy (LSE:THR)
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TIDMTHR

RNS Number : 4790T

Thor Mining PLC

06 January 2017

Friday, 6 January 2017

THOR MINING PLC

Thor Mining PLC ("Thor" or the "Company")

The Directors of Thor Mining PLC (AIM, ASX: THR) today released the following announcement on the Australian Securities Exchange ("ASX"), as required under the listing rules of the ASX.

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement,

application for quotation of additional securities

and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12

 
Name of entity 
Thor Mining PLC 
--------------- 
 
 
ABN 
121 117 673 
----------- 
 

We (the entity) give ASX the following information.

Part 1 -- All issues

You must complete the relevant sections (attach sheets if there is not enough space).

 
 1      +Class of +securities                                              Ordinary shares / CDIs 
         issued or to be 
         issued 
 
 2      Number of +securities                                         Transfers of 931 to AIM 
         issued or to be                                              listed shares on the AIM 
         issued (if known)                                            Market of the London Stock 
         or maximum number                                            Exchange, from ASX listed 
         which may be issued                                          CDI's, during the period 
                                                                      1 December 2016 to 31 
                                                                      December 2016. 
 
 3      Principal terms                                               This represents: 
         of the +securities                                           Transfers of 931 to AIM 
         (eg, if options,                                             listed shares on the AIM 
         exercise price                                               Market of the London Stock 
         and expiry date;                                             Exchange, from ASX listed 
         if partly paid                                               CDI's, during the period 
         +securities, the                                             1 December 2016 to 31 
         amount outstanding                                           December 2016. 
         and due dates 
         for payment; if 
         +convertible securities, 
         the conversion 
         price and dates 
         for conversion) 
                                                                    ------------------------------- 
 
 4      Do the +securities                                           Yes. 
         rank equally in 
         all respects from 
         the date of allotment 
         with an existing 
         +class 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 
                                                                    ------------------------------- 
 
 5      Issue price or                                               N/A 
         consideration 
                                                                    ------------------------------- 
 
        Purpose of the                                               N/A 
         issue 
   6     (If issued as 
         consideration 
         for the acquisition 
         of assets, clearly 
         identify those 
         assets) 
                                                                    ------------------------------- 
 
        Is the entity                                                Yes 
         an +eligible entity 
   6a    that has obtained 
         security holder 
         approval under 
         rule 7.1A? 
 
         If Yes, complete 
         sections 6b - 
         6h in relation 
         to the +securities 
         the subject of 
         this Appendix 
         3B, and comply 
         with section 6i 
                                                                    ------------------------------- 
 
        The date the security                                        24 November 2016 
         holder resolution 
   6b    under rule 7.1A 
         was passed 
                                                                    ------------------------------- 
 
        Number of +securities                                             N/A 
         issued without 
   6c    security holder 
         approval under 
         rule 7.1 
                                                                    ------------------------------- 
 
        Number of +securities                                        N/A 
         issued with security 
   6d    holder approval 
         under rule 7.1A 
                                                                    ------------------------------- 
 
        Number of +securities                                                 N/A 
         issued with security 
   6e    holder approval 
         under rule 7.3, 
         or another specific 
         security holder 
         approval (specify 
         date of meeting) 
                                                                    ------------------------------- 
 
        Number of securities                                         N/A 
         issued under an 
   6f    exception in rule 
         7.2 
                                                                    ------------------------------- 
 
        If securities                                                N/A 
         issued under rule 
   6g    7.1A, was issue 
         price at least 
         75% of 15 day 
         VWAP as calculated 
         under rule 7.1A.3? 
         Include the issue 
         date and both 
         values. Include 
         the source of 
         the VWAP calculation. 
                                                                    ------------------------------- 
 
        If securities                                                N/A 
         were issued under 
   6h    rule 7.1A for 
         non-cash consideration, 
         state date on 
         which valuation 
         of consideration 
         was released to 
         ASX Market Announcements. 
                                                                    ------------------------------- 
 
        Calculate the                                                Refer attached Annexure 
         entity's remaining                                           1 
   6i    issue capacity 
         under rule 7.1 
         and rule 7.1A 
         - complete Annexure 
         1 and release 
         to ASX Market 
         Announcements 
                                                                    ------------------------------- 
 
 7      Dates of entering                                            Transfers: 1 December 
         +securities into                                             2016 to 31 December 2016. 
         uncertificated 
         holdings or despatch 
         of certificates 
                                                                    ------------------------------- 
 
 
                                    Number           +Class 
                                   ---------------  --------------------- 
        Number and +class 
         of all +securities                          Ordinary Shares 
         quoted on ASX                                quoted by 
         (including the                               ASX ("THR" as 
         securities in                                CDIs) as at 31 
 8       section 2 if applicable)      110,963,830    December 2016. 
                                   ---------------  --------------------- 
                                                     Ordinary Shares 
                                                      admitted to the 
                                                      AIM Market of 
                                                      the London Stock 
                                                      Exchange, as at 
                                                      31 December 2016. 
                                                      Unlisted Options: 
                                                      1.25 pence unlisted 
                                                      warrants expiring 
                                                      1 December 2018. 
                                                      1.25 pence unlisted 
                                                      warrants expiring 
                                                      5 March 2019. 
                                                      1.25 pence unlisted 
                                                      warrants expiring 
                                                      7 April 2019. 
                                                      1.25 pence unlisted 
                                                      warrants expiring 
        Number and +class              206,194,510    11 April 2019. 
         of all +securities             48,000,000    1.25 pence unlisted 
         not quoted on                  16,000,000    warrants expiring 
         ASX (including                 40,000,000    26 July 2019. 
         the securities                 13,840,000    1.25 pence unlisted 
         in section 2 if                20,000,000    warrants expiring 
 9       applicable)                    10,000,000    2 September 2019. 
                                   ---------------  --------------------- 
 
 10   Dividend policy               No Policy 
       (in the case of 
       a 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 if you are applying for quotation of securities

 
 34    Type of securities 
        (tick one) 
 (a)   ü   Securities described in Part 1 
      ------- 
 
 
 
 (b)     All other securities 
          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 
 
 
 35     If the +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 
 
 36     If the +securities are +equity securities, 
         a distribution schedule of the additional 
         +securities setting out the number 
         of holders in the categories 
         1 - 1,000 
         1,001 - 5,000 
         5,001 - 10,000 
         10,001 - 100,000 
         100,001 and over 
 
 37     A copy of any trust deed for the additional 
         +securities 
 

Entities that have ticked box 34(b)

 
       38   Number of securities 
             for which +quotation 
             is sought 
 
       39   Class of +securities 
             for which quotation 
             is sought 
                                                                        ---------------------------- 
 
       40   Do the +securities 
             rank equally in 
             all respects from 
             the date of allotment 
             with an existing 
             +class 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 
 
       41   Reason for request 
             for quotation 
             now 
             Example: In the 
             case of restricted 
             securities, end 
             of restriction 
             period 
             (if issued upon 
             conversion of 
             another security, 
             clearly identify 
             that other security) 
                                                                        ---------------------------- 
 
                                                                               Number         +Class 
                                                                        -------------  ------------- 
       42   Number and +class 
             of all +securities 
             quoted on ASX 
             (including the 
             securities in 
             clause 38) 
                                                                        -------------  ------------- 
 

Quotation agreement

1 +Quotation of our additional +securities is in ASX's absolute discretion. ASX may quote the +securities on any conditions it decides.

   2      We warrant the following to ASX. 

-- The issue of the +securities to be quoted complies with the law and is not for an illegal purpose.

   --      There is no reason why those +securities should not be granted +quotation. 

-- An offer of the (+) securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

-- Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any +securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted.

-- If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the +securities be quoted.

3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

   Sign here:     ..............................             Date: 6 January 2017 

(Company Secretary)

Print name: Ray Ridge

== == == == ==

Appendix 3B - Annexure 1

Calculation of placement capacity under rule 7.1 and rule 7.1A for (+) eligible entities

Introduced 01/08/12

Part 1

 
                                                                                                      Rule 7.1 - Issues exceeding 15% of capital 
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Step 1: Calculate "A", the base figure from 
  which the placement capacity is calculated 
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Insert number of fully                                         as at 31 December 2015 
  paid ordinary securities                                       181,455,501 
  on issue 12 months                                             (4,536,387,510 pre-consolidation) 
  before date of issue 
  or agreement to issue 
-------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Add the following: 
   *    Number of fully paid ordinary securities issued in 
        that 12 month period under an exception in rule 7.2       Placement (1/6/16) 13,440,000 
                                                                  (approved 23 June 2016) 
                                                                  (pre consolidation 336,000,000) 
   *    Number of fully paid ordinary securities issued in 
        that 12 month period with shareholder approval            Placement (24/6/16) 
                                                                  34,560,000 
                                                                  (approved 23 June 2016) 
                                                                  (pre consolidation 864,000,000) 
 
 
                                                                  Placement (5/9/16) 16,000,000 
                                                                  (approved 6 October 
                                                                  2016) 
                                                                  (pre consolidation 400,000,000) 
   *    Number of partly paid ordinary securities that became 
        fully paid in that 12 month period 
                                                                  Placement (7/10/16) 
                                                                  40,000,000 
  Note:                                                           (approved 6 October 
   *    Include only ordinary securities here - other classes     2016) 
        of equity securities cannot be added                      (pre consolidation 1,000,000,000) 
 
 
   *    Include here (if applicable) the securities the           Placement (11/10/16) 
        subject of the Appendix 3B to which this form is          13,840,000 
        annexed                                                   (approved 6 October 
                                                                  2016) 
                                                                  (pre consolidation 346,000,000) 
   *    It may be useful to set out issues of securities on 
        different dates as separate line items 
                                                                  Remuneration (25/11/2016) 
                                                                  17,862,839 
                                                                  (approved 24 November 
                                                                  2016) 
                                                                  (pre consolidation 446,570,973) 
-------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Subtract the number 
  of fully paid ordinary 
  securities cancelled 
  during that 12 month 
  period                                                                                                                                                                                                                                            0 
-------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 "A"                                                                                                                                                                                                                                      317,158,340 
-------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Step 2: Calculate 15% of "A" 
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 "B"                                                                                                                                                                                                                                             0.15 
                                                                                                                                                                                                                             [Note: this value cannot 
                                                                                                                                                                                                                                          be changed] 
-------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Multiply "A" by 0.15                                                                                                                                                                                                                      47,573,750 
-------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Step 3: Calculate "C", the amount of placement 
  capacity under rule 7.1 that has already 
  been used 
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Insert number of equity 
  securities issued or                                                                                                                                                                                                                            N/A 
  agreed to be issued 
  in that 12 month period 
  not counting those 
  issued: 
   *    Under an exception in rule 7.2 
 
 
   *    Under rule 7.1A 
 
 
   *    With security holder approval under rule 7.1 or rule 
        7.4 
 
 
  Note: 
   *    This applies to equity securities, unless 
        specifically excluded - not just ordinary securities 
 
 
   *    Include here (if applicable ) the securities the 
        subject of the Appendix 3B to which this form is 
        annexed 
 
 
   *    It may be useful to set out issues of securities on 
        different dates as separate line items 
-------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 "C"                                                                                                                                                                                                                                              Nil 
-------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Step 4: Subtract "C" from ["A" x "B"] to 
  calculate remaining placement capacity under 
  rule 7.1 
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 "A" x 0.15 
  Note: number must be 
  same as shown in Step 
  2                                                                                                                                                                                                                                        47,573,750 
-------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Subtract "C" 
  Note: number must be                                                                                                                                                                                                                            Nil 
  same as shown in Step 
  3 
-------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Total ["A" x 0.15]                                                                                                                                                                                                                        47,573,750 
  - "C"                                                                                                                                                                                                                            [Note: this is the 
                                                                                                                                                                                                                                  remaining placement 
                                                                                                                                                                                                                                  capacity under rule 
                                                                                                                                                                                                                                                 7.1] 
-------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 

Part 2

 
                        Rule 7.1A - Additional placement capacity 
                                   for eligible entities 
----------------------------------------------------------------------------------------- 
 Step 1: Calculate "A", the base figure from 
  which the placement capacity is calculated 
----------------------------------------------------------------------------------------- 
 "A" 
  Note: number must be 
  same as shown in Step 
  1 of Part 1                                                                 317,158,340 
--------------------------------------------------------------  ------------------------- 
 Step 2: Calculate 10% of "A" 
----------------------------------------------------------------------------------------- 
 "D"                                                                                 0.10 
                                                                  Note: this value cannot 
                                                                               be changed 
--------------------------------------------------------------  ------------------------- 
 Multiply "A" by 0.10                                                          31,715,834 
--------------------------------------------------------------  ------------------------- 
 Step 3: Calculate "E", the amount of placement 
  capacity under rule 7.1A that has already 
  been used 
----------------------------------------------------------------------------------------- 
 Insert number of equity                                                              Nil 
  securities issued or 
  agreed to be issued 
  in that 12 month period 
  under rule 7.1A 
  Notes: 
   *    This applies to equity securities - not just ordinary 
        securities 
 
 
   *    Include here - if applicable - the securities the 
        subject of the Appendix 3B to which this form is 
        annexed 
 
 
   *    Do not include equity securities issued under rule 
        7.1 (they must be dealt with in Part 1), or for which 
        specific security holder approval has been obtained 
 
 
   *    It may be useful to set out issues of securities on 
        different dates as separate line items 
--------------------------------------------------------------  ------------------------- 
 "E"                                                                                  Nil 
--------------------------------------------------------------  ------------------------- 
 
 
 Step 4: Subtract "E" from ["A" x "D"] to 
  calculate remaining placement capacity under 
  rule 7.1A 
------------------------------------------------------------------------------------------------------ 
 "A" x 0.10 
  Note: number must be 
  same as shown in Step 
  2                                                                                         31,715,834 
------------------------  ---------------------------------------------------------------------------- 
 Subtract "E" 
  Note: number must be                                                                             Nil 
  same as shown in Step 
  3 
------------------------  ---------------------------------------------------------------------------- 
 Total ["A" x 0.10] 
  - "E"                                                                                     31,715,834 
                                                                           Note: this is the remaining 
                                                                                    placement capacity 
                                                                                       under rule 7.1A 
------------------------  ---------------------------------------------------------------------------- 
 

Enquiries:

 
Mick Billing       +61 (8) 7324  Thor Mining PLC    Executive 
                       1935                          Chairman 
Ray Ridge          +61 (8) 7324  Thor Mining PLC    CFO/Company 
                       1935                          Secretary 
Colin Aaronson/    +44 (0) 207   Grant Thornton UK  Nominated 
 Daniel Bush/        383 5100     LLP                Adviser 
 Richard Tonthat 
 
Gerry Beaney/       +44 (0) 20   Northland Capital  Joint Broker 
 David Hignell/      3861 6625    Partners Limited 
 John Howes 
Nick Emerson       +44 (0) 1483  SI Capital         Joint Broker 
 /                    413 500 
 Andy Thacker 
 
Tim Blythe/        +44 (0) 207   Blytheweigh        Financial 
 Camilla Horsfall    138 3222                        PR 
 

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. Email: admin@thormining.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 06, 2017 02:00 ET (07:00 GMT)

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