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Thor Mining PLC ­ THR

Exercise of Warrants

Released 08:43 16­Mar­2017

RNS Number : 6594Z Thor Mining PLC

16 March 2017

16 March 2017 THOR MINING PLC EXERCISE OF WARRANTS

The Board of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR), advises that it has received a binding warrant exercise notice from Beaufort Securities Limited for the exercise of 1,780,026 warrants over ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares"), each with an exercise price of 0.9 pence per warrant. The gross proceeds of the exercise of these warrants amounts in aggregate to £16,020.

Application has been made for 1,780,026 new Ordinary Shares, which rank pari passu with the Company's existing issued ordinary share capital, to be admitted to trading on the AIM Market of the London Stock Exchange ("AIM"). Dealings on AIM are expected to commence at 8.00 a.m. on or around 17 March 2017 ("Admission").

Total Voting Rights

For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules ("DTRs"), following Admission, Thor will have 368,938,366 Ordinary Shares in issue with voting rights attached. Thor holds no shares in treasury. This figure of 368,938,366 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the ASX Listing Rules or the DTRs.

Enquiries:

Mick Billing +61 (8) 7324 1935 Thor Mining PLC Executive Chairman

Ray Ridge +61 (8) 7324 1935 Thor Mining PLC CFO/Company

Secretary

Colin Aaronson/ Daniel Bush/ Richard Tonthat

+44 (0) 207 383 5100 Grant Thornton UK LLP Nominated

Adviser

Elliot Hance +44 (0) 207382 8300 Beaufort Securities

Limited

Joint Broker

Nick Emerson / Andy Thacker

+44 (0) 1483 413 500 SI Capital Ltd Joint Broker

Tim Blythe/ Camilla Horsfall

+44 (0) 207 138 3222 Blytheweigh Financial 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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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se of Warrants ‐ RNS

Thor Mining plc published this content on 16 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 March 2017 08:28:17 UTC.

Original documenthttp://www.thormining.com/-/thor/lib/docs/aim%20rns%20releases/20170316%20Exercise%20of%20Warrants.pdf

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