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THR Thor Energy Plc

1.30
0.00 (0.00%)
28 Mar 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% 1.30 1.20 1.40 1.30 1.30 1.30 42,665 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -520k -0.0019 -6.84 3.62M

Thor Mining PLC Appendix 3Z (5245V)

04/12/2019 7:00am

UK Regulatory


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RNS Number : 5245V

Thor Mining PLC

04 December 2019

Wednesday, 4 December 2019

THOR MINING PLC

("Thor" or the "Company")

Appendix 3Z

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 1935                Thor Mining                 Executive 
                                                                               PLC                         Chairman 
              Ray Ridge                       +61 (8) 7324 1935                Thor Mining                 CFO/Company 
                                                                               PLC                          Secretary 
              Colin Aaronson/                 +44 (0) 207 383                  Grant                       Nominated 
              Richard Tonthat/                 5100                            Thornton UK                 Adviser 
              Ben Roberts                                                      LLP 
              Claire Louise                   +44 (0) 203 764                  Hybridan LLP                Joint 
              Noyce /                          2341                                                        Broker 
              John 
              Beresford-Peirse 
              Nick Emerson                    +44 (0) 1483 413                 SI Capital                  Joint 
                                               500                             Ltd                         Broker 
 
 

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.

About Thor Mining PLC

Thor Mining PLC (AIM, ASX: THR) is a resources company quoted on the AIM Market of the London Stock Exchange and on ASX in Australia.

Thor holds 100% of the advanced Molyhil tungsten project in the Northern Territory of Australia, for which an updated feasibility study in August 2018(1) suggested attractive returns.

Adjacent Molyhil, at Bonya, Thor holds a 40% interest in deposits of tungsten, copper, and vanadium, including an Inferred resource for the Bonya copper deposit(2).

Thor also holds 100% of the Pilot Mountain tungsten project in Nevada USA which has a JORC 2012 Indicated and Inferred Resources Estimate(3) on 2 of the 4 known deposits. The US Department of the Interior has confirmed that tungsten, the primary resource mineral at Pilot Mountain, has been included in the final list of Critical Minerals 2018.

Thor holds a 25% interest Australian copper development company EnviroCopper Limited (with rights to increase its interest to 30%). EnviroCopper Limited holds:

-- rights to earn up to a 75% interest in the mineral rights and claims over the resource on the portion of the historic Kapunda copper mine in South Australia recoverable by way of in situ recovery; and

-- rights to earn up to 75% of the Moonta copper project, also in South Australia comprising the northern portion of exploration licence EL5984 and includes a resource estimate for several deposits.

Thor has an interest in Hawkstone Mining Limited, an Australian ASX listed company with a 100% Interest in a Lithium project with a JORC compliant resource in Arizona, USA.

Finally, Thor also holds a production royalty entitlement from the Spring Hill Gold project of:

-- A$6 per ounce of gold produced from the Spring Hill tenements where the gold produced is sold for up to A$1,500 per ounce; and

-- A$14 per ounce of gold produced from the Spring Hill tenements where the gold produced is sold for amounts over A$1,500 per ounce.

Notes

(1) Refer ASX and AIM announcement of 23 August 2018

(2) Refer ASX and AIM announcement of 26 November 2018

(3) Refer AIM announcement of 13 December 2018 and ASX announcement of 14 December 2018

Refer AIM announcement of 10 February 2016 and ASX announcement of 12 February 2018

Refer ASX and AIM announcement of 15 August 2019

Refer AIM announcement of 26 February 2016 and ASX announcement of 29 February 2016

Rule 3.19A.3

Appendix 3Z

Final Director's Interest Notice

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 30/9/2001.

 
Name of entity Thor Mining PLC 
ABN 121 117 673 
 

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

 
              Name of director                            Alastair Middleton 
              Date of last notice                         13 June 2018 
                                            -------------------------------- 
              Date that director ceased to                28 November 2019 
               be director 
                                            -------------------------------- 
 

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

 
              Number & class of securities 
               250,000 Ordinary Shares. 
               3,000,000 Unlisted options, exercise price 1.8 pence, 
               expiry 31/03/20. 
               2,500,000 Unlisted options, exercise price 3.5625 pence, 
               expiry 07/06/21. 
 

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

 
              Name of holder & nature        Number & class of securities 
               of interest                    Nil 
               Note: Provide details 
               of the circumstances 
               giving rise to the relevant 
               interest 
 
               Nil 
 

Part 3 - Director's interests in contracts

 
              Detail of contract            N/A 
              Nature of interest 
                                           ---- 
              Name of registered holder 
               (if issued securities) 
                                           ---- 
              No. and class of securities 
               to which interest relates 
                                           ---- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCBDBDDGDGBGCX

(END) Dow Jones Newswires

December 04, 2019 02:00 ET (07:00 GMT)

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