ASX Code: "THR"

27 June 2017

Company Announcements Office, ASX Securities Limited, 20, Bridge Street, Sydney, N.S.W. 2000 Appendix 3Y - Paul Johnson

The Company was informed by Paul Johnson on 23 June 2017 that he had acquired 500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 0.935 pence each on 23 June 2017 ("Ordinary Shares"). The Company was not in a closed period.

Following the above mentioned acquisition, the notifiable interest of Paul Johnson is 10,502,649 Ordinary Shares, representing 2.82 per cent of the issued share capital of the Company.

Paul Johnson has also agreed to subscribe for 5,000,000 Ordinary Shares at a price of 0.9p each, pursuant to the conditional placing announced on 20 June 2017. Subject to the Company receiving shareholder approval at a general meeting to be convened shortly, following the completion of the placing Paul Johnson's notifiable interest will be 15,502,649 Ordinary Shares, representing 3.66 per cent of the enlarged issued share capital of the Company.

The ASX Appendix 3Y is attached.

For further information, please contact:

THOR MINING PLC

Ray Ridge

Company Secretary and Chief Financial Officer

Tel: +61 8 7324 1935

Fax: +61 8 8351 5169

Email: admin@thormining.com

THOR MINING PLC

Registered Numbers: United Kingdom 05 276 414

Australia 121 117 673

Registered Office: 58 Galway Avenue

MARLESTON, SA, 5035

Australia

Ph: +61 8 7324 1935

Fx: +61 8 8351 5169

Email:corporate@thormining.com

Website: www.thormining.com

@ThorMining

Enquiries:

Mick Billing Executive Chairman Thor Mining PLC

+61 8 7324 1935

Nominated Advisor Colin Aaronson Grant Thornton

+44 (0) 20 7383 5100

ASX Listings:

Shares: THR

AIM Listings: Shares: THR

Directors: Michael Billing David Thomas Gervaise Heddle Paul Johnson Alastair Middleton

Key Projects:

  • Tungsten

Molyhil NT

Pilot Mountain USA

Page | 1

Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

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 30/09/01 Amended 01/01/11

Name of entity Thor Mining PLC

ABN 121 117 673

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director

Paul Johnson

Date of last notice

5 June 2017

Part 1 - Change of director's relevant interests in securities

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.

Direct or indirect interest

Direct and Indirect

Nature of indirect interest (including registered holder)

Note: Provide details of the circumstances giving rise to the relevant interest.

  • Mrs M Johnson (spouse)

  • Value Generation Limited, a company 50% owned by Mr P Johnson and 50% owned by Mrs M Johnson.

Date of change

23 June 2017

No. of securities held prior to change - Direct

  • 4,402,649 Ordinary Shares (AIM listed)

  • 3,200,000 Unlisted Options (expiry 1 December 2018, exercise price

  • 10,000,000 Unlisted Options (expiry

£0.0125)

2 September 2019, exercise price

£0.0125)

No. of securities held prior to change - Indirect

  • 4,600,000 Ordinary Shares (AIM listed) held by Mrs M Johnson

  • 1,000,000 Ordinary Shares (AIM listed) held by Value Generation Limited

Class

Ordinary Fully Paid Shares

Number acquired - Direct

500,000 Ordinary Fully Paid Shares

Number acquired - Indirect

N/A

Number disposed

N/A

Value/Consideration

  • Note: If consideration is non-cash, provide details and estimated valuation

Total consideration of £4,675, or

£0.00935 per share.

No. of securities held after change - Direct

  • 4,902,649 Ordinary Shares (AIM listed)

  • 3,200,000 Unlisted Options (expiry 1 December 2018, exercise price

  • 10,000,000 Unlisted Options (expiry

£0.0125)

2 September 2019, exercise price

£0.0125)

No. of securities held after change - Indirect

  • 4,600,000 Ordinary Shares (AIM listed) held by Mrs M Johnson

  • 1,000,000 Ordinary Shares (AIM listed) held by Value Generation Limited

Nature of change

  • Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

On market purchase (AIM).

Part 2 - Change of director's interests in contracts

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.

Detail of contract

Nature of interest

Name of registered holder (if issued securities)

Date of change

No. and class of securities to which interest related prior to change

  • Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired

Interest disposed

Value/Consideration

  • Note: If consideration is non-cash, provide details and an estimated valuation

Interest after change

Part 3 - +Closed period

Were the interests in the securities or contracts detailed above traded during a

+closed period where prior written clearance was required?

No.

If so, was prior written clearance provided to allow the trade to proceed during this period?

No.

If prior written clearance was provided, on what date was this provided?

N/A

Thor Mining plc published this content on 27 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 June 2017 07:29:12 UTC.

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