THOR ENERGY PLC — Director's Dealing 2016

Nov 9, 2016

Appendix 3Y

Change of Director's Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of 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 30/09/01 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	31 October 2016

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.	Spouse (Mrs M. Johnson)
Date of change	8 November 2016
No. of securities held prior to change - Direct	• 102,566,237 Ordinary Shares (AIM listed)
• 80,000,000 Unlisted Options (expiry 1 December 2018, exercise price £0.0005)
• 250,000,000 Unlisted Options (expiry 2 September 2019, exercise price £0.0005)
No. of securities held prior to change - Indirect	• 22,500,000 Ordinary Shares (AIM listed)

• See chapter 19 for defined terms.

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Appendix 3Y

Change of Director's Interest Notice

Class	• Ordinary Fully Paid Shares
Number acquired - Direct	15,000,000 on market
Number acquired - Indirect	Nil (80,000,000 were transferred from a Direct holding to an Indirect holding for nil consideration)
Number disposed
Value/Consideration
• Note: If consideration is non-cash, provide details and estimated valuation
•	15,000,000 acquired on market (AIM) for £3,375, or £0.000249 per share.
No. of securities held after change - Direct	• 37,566,237 Ordinary Shares (AIM listed)
• 80,000,000 Unlisted Options (expiry 1 December 2018, exercise price £0.0005)
• 250,000,000 Unlisted Options (expiry 2 September 2019, exercise price £0.0005)
No. of securities held after change - Indirect	• 102,500,000 Ordinary Shares (AIM listed)
Nature of change
• Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	15,000,000 Acquired on market in London (AIM).
(and 80,000,000 transferred from a Direct holding to an Indirect holding)

• See chapter 19 for defined terms.

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Appendix 3Y
Change of Director's Interest Notice

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

• See chapter 19 for defined terms.

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Appendix 3Y Page 3