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THR Thor Energy Plc

1.25
0.00 (0.00%)
19 Apr 2024 - Closed
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 1.25 103,034 08:00:00
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 (5719W)

15/11/2017 10:43am

UK Regulatory


Thor Energy (LSE:THR)
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TIDMTHR

RNS Number : 5719W

Thor Mining PLC

15 November 2017

Wednesday, 15 November 2017

THOR MINING PLC

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

Appendix 3B

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.

Enquiries:

 
Mick Billing           +61 (8) 7324         Thor Mining              Executive 
                        1935                 PLC                      Chairman 
Ray Ridge              +61 (8) 7324         Thor Mining              CFO/Company 
                        1935                 PLC                      Secretary 
Colin Aaronson/        +44 (0) 207          Grant Thornton           Nominated 
 Daniel Bush/           383 5100             UK LLP                   Adviser 
 Richard Tonthat 
Elliot Hance            +44 (0) 207382      Beaufort Securities      Joint Broker 
                         8300                Limited 
Nick Emerson           +44 (0) 1483         SI Capital Ltd           Joint Broker 
                        413 500 
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, and on the Company's twitter page @ThorMining.

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                                        (a) Ordinary shares / 
         issued or to be                                              CDIs 
         issued                                                       (b) Ordinary shares 
 
 2      Number of +securities                                               (a) Transfers of nil to 
         issued or to be                                                    AIM listed shares on the 
         issued (if known)                                                  AIM Market of the London 
         or maximum number                                                  Stock Exchange, from ASX 
         which may be issued                                                listed CDI's, during the 
                                                                            period 13 November 2017 
                                                                            to 14 November 2017. 
                                                                            (b) Issue of 10,773,161 
                                                                            Ordinary Shares as a result 
                                                                            of options (termed warrants 
                                                                            in the UK) being exercised. 
                                                                            The total number of securities, 
                                                                            listed on both AIM and 
                                                                            ASX, is now 495,102,021 
                                                                            as at 15 November 2017. 
 
 3      Principal terms                                               This represents: 
         of the +securities                                            (a) Transfers between 
         (eg, if options,                                              AIM listed shares on the 
         exercise price                                                AIM Market of the London 
         and expiry date;                                              Stock Exchange, and ASX 
         if partly paid                                                listed CDI's. 
         +securities, the                                              (b) Issue of 10,773,161 
         amount outstanding                                            Ordinary Shares as a result 
         and due dates                                                 of the exercise of options. 
         for payment; if 
         +convertible securities, 
         the conversion 
         price and dates 
         for conversion) 
                                                                    ------------------------------------------ 
 
 4      Do the +securities                                            (a) Yes. 
         rank equally in 
         all respects from 
         the date of allotment 
         with an existing 
         +class of quoted 
         +securities? 
                                                                       (b) Yes. 
         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                                                (a) N/A 
         consideration                                                 (b) 8,286,566 at an exercise 
                                                                       price of GBP0.0125 per 
                                                                       share and 2,486,595 at 
                                                                       an exercise price of GBP0.009. 
                                                                    ------------------------------------------ 
 
        Purpose of the                                                (a) N/A 
         issue                                                         (b) Issue of Shares as 
   6     (If issued as                                                 a result of options being 
         consideration                                                 exercised. Cash consideration 
         for the acquisition                                           received per above. 
         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                                         (a) N/A 
         issued under an                                              (b) 10,773,161 Ordinary 
   6f    exception in rule                                            Shares as a result of 
         7.2                                                          the exercise of options. 
                                                                    ------------------------------------------ 
 
        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                                            (a) Transfers 13 November 
         +securities into                                             2017 to 14 November 2017 
         uncertificated                                               (b) 15 November 2017 
         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 15 
 8       section 2 if applicable)     128,926,737    November 2017. 
                                   --------------  --------------------- 
                                                    Ordinary Shares 
                                                     admitted to the 
                                                     AIM Market of 
                                                     the London Stock 
                                                     Exchange, as at 
                                                     15 November 2017. 
                                                     Unlisted Options: 
                                                     0.9 pence unlisted 
                                                     warrants 
                                                     expiring 27 July 
                                                     2018. 
                                                     1.2 pence unlisted 
                                                     warrants expiring 
                                                     2 November 2018 
                                                     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 
                                                     11 April 2019. 
                                                     1.8 pence unlisted 
                                                     warrants 
                                                     expiring 27 June 
                                                     2019. 
                                                     1.25 pence unlisted 
                                                     warrants expiring 
                                                     26 July 2019. 
                                      366,175,284    1.8 pence unlisted 
                                       13,227,682    warrants 
                                       29,473,686    expiring 28 July 
                                       29,600,000    2019. 
                                       16,000,000    1.8 pence unlisted 
        Number and +class              34,113,434    warrants 
         of all +securities            13,840,000    expiring 31 March 
         not quoted on                  2,000,000    2020. 
         ASX (including                20,000,000    1.8 pence unlisted 
         the securities                51,111,111    warrants 
         in section 2 if               15,000,000    expiring 27 June 
 9       applicable)                    1,500,000    2020. 
                                   --------------  --------------------- 
 
 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: 15 November 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 14 November 2016 
  paid ordinary securities                                        299,295,501 
  on issue 12 months                                              (7,482,387,510 pre-consolidation) 
  before date of issue 
  or agreement to issue 
--------------------------------------------------------------  ----------------------------------- 
 Add the following: 
   *    Number of fully paid ordinary securities issued in         Remuneration (25/11/2016) 
        that 12 month period under an exception in rule 7.2        17,862,839 
                                                                   (approved 24 November 
                                                                   2016) 
   *    Number of fully paid ordinary securities issued in         (pre consolidation 446,570,973) 
        that 12 month period with shareholder approval 
                                                                   Placement (27/1/17) 
                                                                   50,000,000 
   *    Number of partly paid ordinary securities that became      (approved 27 July 2017) 
        fully paid in that 12 month period 
                                                                   Issue - options exercised 
                                                                   1,780,026 
  Note:                                                            (Issued 17/3/17) 
   *    Include only ordinary securities here - other classes 
        of equity securities cannot be added                       Issue - options exercised 
                                                                   3,312,477 
                                                                   (Issued 20/3/17) 
   *    Include here (if applicable) the securities the 
        subject of the Appendix 3B to which this form is           Issue - options exercised 
        annexed                                                    762,365 
                                                                   (Issued 10/4/17) 
 
   *    It may be useful to set out issues of securities on        Placement (28/7/17) 
        different dates as separate line items                     51,111,111 
                                                                   (approved 27 July 2017) 
 
                                                                   Issue - options exercised 
                                                                   10,000,000 
                                                                   (Issued 10/11/17) 
 
                                                                   Issue - options exercised 
                                                                   20,730,855 
                                                                   (Issued 13/11/17) 
 
                                                                   Issue - options exercised 
                                                                   10,773,161 
                                                                   (Issued 15/11/17) 
--------------------------------------------------------------  ----------------------------------- 
 Subtract the number 
  of fully paid ordinary 
  securities cancelled 
  during that 12 month 
  period                                                                                          0 
--------------------------------------------------------------  ----------------------------------- 
 "A"                                                                                    465,628,335 
--------------------------------------------------------------  ----------------------------------- 
 
 
 Step 2: Calculate 15% of "A" 
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 "B"                                                                                                                                                                                                                                            0.15 
                                                                                                                                                                                                                            [Note: this value cannot 
                                                                                                                                                                                                                                         be changed] 
------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Multiply "A" by 0.15                                                                                                                                                                                                                     69,844,250 
------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Step 3: Calculate "C", the amount of placement 
  capacity under rule 7.1 that has already 
  been used 
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Insert number of equity                                                                                                                                                                                                         Placement (3/11/17) 
  securities issued or                                                                                                                                                                                                                    29,473,686 
  agreed to be issued 
  in that 12 month period                                                                                                                                                                                                  Options granted (3/11/17) 
  not counting those                                                                                                                                                                                                                      29,473,686 
  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"                                                                                                                                                                                                                                      58,947,372 
------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 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                                                                                                                                                                                                                                       69,844,250 
------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Subtract "C" 
  Note: number must be 
  same as shown in Step 
  3                                                                                                                                                                                                                                       58,947,372 
------------------------------------------------------------  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Total ["A" x 0.15]                                                                                                                                                                                                                       10,896,878 
  - "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                                                                 465,628,335 
--------------------------------------------------------------  ------------------------- 
 Step 2: Calculate 10% of "A" 
----------------------------------------------------------------------------------------- 
 "D"                                                                                 0.10 
                                                                  Note: this value cannot 
                                                                               be changed 
--------------------------------------------------------------  ------------------------- 
 Multiply "A" by 0.10                                                          46,562,833 
--------------------------------------------------------------  ------------------------- 
 Step 3: Calculate "E", the amount of placement 
  capacity under rule 7.1A that has already 
  been used 
----------------------------------------------------------------------------------------- 
 Insert number of equity 
  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"                                                                                    0 
--------------------------------------------------------------  ------------------------- 
 
 
 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                                                                                       46,562,833 
------------------------  -------------------------------------------------------------------------- 
 Subtract "E" 
  Note: number must be 
  same as shown in Step 
  3                                                                                                0 
------------------------  -------------------------------------------------------------------------- 
 Total ["A" x 0.10] 
  - "E"                                                                                   46,562,833 
                                                                         Note: this is the remaining 
                                                                                  placement capacity 
                                                                                     under rule 7.1A 
------------------------  -------------------------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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