THOR ENERGY PLC — Major Shareholding Notification 2015

Dec 7, 2015

ASX Code: "THR"

THOR

MINING PLC

Date: 8 December 2015

Company Announcements Office,
ASX Securities Limited,
20, Bridge Street,
Sydney, N.S.W. 2000

Notifications of Major Interests in Shares

The Directors of Thor Mining PLC (AIM, ASX THR) ("Thor" or "Company") advise of the receipt of three TR-1: Notification of Major Interests in Shares (attached). These forms are an AIM listing requirement. Pursuant to ASX Listing Rule 3.17.4, Thor is required to provide the ASX with a copy of these documents. Each attached TR-1 relates to the following change in major shareholdings:

1. A notification from Dinosaur Merchant Bank Limited of an initial holding of 250,000,000 shares (corresponding to 5.98% of Thor's total issued share capital). Dinosaur Merchant Bank Limited became a shareholder as a result of the placement that was approved by shareholders at a General Meeting on 23 July 2015.
2. A notification from Dinosaur Merchant Bank Limited of the sale of the 250,000,000 shares. The TR-1 indicates a transaction date of 5 October 2015.
3. A notification from Park Moorgate Limited of the purchase of an initial holding of 240,000,000 shares (corresponding to 5.74% of Thor's total issued share capital). The TR-1 indicates a transaction date of 5 October 2015.

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, 5033
Australia
Postal Address:
PO BOX 458
MARLESTON SA, 5033
Australia
Ph: +61 8 7324 1935
Fax: +61 8 8351 5169
Email:
corporate@thormining.com
Website:
www.thormining.com
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
Michael Ashton
Gregory Durack
Trevor Ireland
David Thomas

Projects:

• Tungsten
  Molyhil NT
  Pilot Mountain USA
• Gold
  Spring Hill NT
  Dundas WA

---

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii		THOR MINING
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		YES
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		NO
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		NO
An event changing the breakdown of voting rights		NO
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii	DINOSAUR MERCHANT BANK LIMITED
4. Full name of shareholder(s) (if different from 3.): iv
5. Date of the transaction and date on which the threshold is crossed or reached: v	27 August 2015
6. Date on which issuer notified:	20 November 2015
7. Threshold(s) that is/are crossed or reached: vi, vii	Holdings Exceeds 5% (No previous Holding)

---

1. Notified details:

A: Voting rights attached to shares viii, ix

| Class/type of shares
if possible using the ISIN CODE | Situation previous to the triggering transaction | | Resulting situation after the triggering transaction | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- |
| | Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | | % of voting rights x | |
| | | | Direct | Direct xi | Indirect xii | Direct | Indirect |
| GB00B1DXJY95 | nil | nil | 250,000,000 | 250,000,000 | | 5% | |

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
					Nominal	Delta

Total (A+B+C)

Number of voting rights	Percentage of voting rights
250,000,000	5%

---

1. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xx

Proxy Voting:
---	---
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
---	---
14. Contact name:	Glen Grossman
15. Contact telephone number:	(44) (0) 207 496 1780

---

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii		THOR MINING
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		YES
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		NO
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		NO
An event changing the breakdown of voting rights		NO
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii	DINOSAUR MERCHANT BANK LIMITED
4. Full name of shareholder(s) (if different from 3.): iv
5. Date of the transaction and date on which the threshold is crossed or reached: v	5 October 2015
6. Date on which issuer notified:	20 November 2015
7. Threshold(s) that is/are crossed or reached: vi, vii	Holdings Falls below 5% (New Holding of 0 Shares)

---

1. Notified details:

A: Voting rights attached to shares viii, ix

| Class/type of shares
if possible using the ISIN CODE | Situation previous to the triggering transaction | | Resulting situation after the triggering transaction | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- |
| | Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | | % of voting rights x | |
| | | | Direct | Direct xi | Indirect xii | Direct | Indirect |
| GB00B1DXJY95 | 250,000,000 | 250,000,000 | 0 | 0 | | 0 | |

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
					Nominal	Delta

Total (A+B+C)

Number of voting rights	Percentage of voting rights
0	0

---

1. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xx

Proxy Voting:
---	---
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
---	---
14. Contact name:	Glen Grossman
15. Contact telephone number:	(44) (0) 207 496 1780

---

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii		THOR MINING
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		YES
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		NO
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		NO
An event changing the breakdown of voting rights		NO
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii	Park Moorgate Limited
4. Full name of shareholder(s) (if different from 3.): iv
5. Date of the transaction and date on which the threshold is crossed or reached: v	5 October 2015
6. Date on which issuer notified:	20 November 2015
7. Threshold(s) that is/are crossed or reached: vi, vii	Holdings Exceeds 5% (No previous Holding)

---

1. Notified details:

A: Voting rights attached to shares viii, ix

| Class/type of shares
if possible using the ISIN CODE | Situation previous to the triggering transaction | | Resulting situation after the triggering transaction | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- |
| | Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | | % of voting rights x | |
| | | | Direct | Direct xi | Indirect xii | Direct | Indirect |
| GB00B1DXJY95 | nil | nil | 240,000,000 | 240,000,000 | | 5% | |

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
					Nominal	Delta

Total (A+B+C)

Number of voting rights	Percentage of voting rights
240,000,000	5%

---

1. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xx

Proxy Voting:
---	---
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
---	---
14. Contact name:	Glen Grossman
15. Contact telephone number:	(44) (0) 207 496 1780