THOR ENERGY PLC — Share Issue/Capital Change 2021

Sep 15, 2021

Application for quotation of +securities

Announcement Summary

Entity name
THOR MINING PLC

Announcement Type
New announcement

Date of this announcement
Thursday September 16, 2021

The +securities to be quoted are:
- +Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security code	Security description	Number of +securities to be quoted	Issue date
THR	CHESS DEPOSITARY INTERESTS 1:1	8,000,000	20/09/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

Part 1 - Entity and announcement details

1.1 Name of entity

THOR MINING PLC

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ARBN

Registration number

121117673

1.3 ASX issuer code

THR

1.4 The announcement is

☑ New announcement

1.5 Date of this announcement

16/9/2021

Application for quotation of +securities
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Application for quotation of +securities

Part 2 - Type of Issue

2.1 The +securities to be quoted are:
- +Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:
- Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities
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Application for quotation of +securities

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class)
ASX +security code and description
THRAN : OPTION EXPIRING 08-JUL-2023 EX 0.95C

TO (Existing Class)
ASX +security code and description
THR : CHESS DEPOSITARY INTERESTS 1:1

Please state the number of options that were exercised or other +convertible securities that were converted	The first date the options were exercised or other +convertible securities were converted	The last date the options were exercised or other +convertible securities were converted
8,000,000	14/9/2021	14/9/2021

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)?
☐ No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:
☑ An issue of new +securities

The underlying securities being received by the holder are:
☑ Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?
☑ No

Issue date
20/9/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?
☑ Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

Number of +securities to be quoted
8,000,000

Are the +securities being issued for a cash consideration?
☑ Yes

In what currency is the cash consideration being paid?
AUD - Australian Dollar
What is the issue price per +security?
AUD 0.00950000

Any other information the entity wishes to provide about the +securities to be quoted

Application for quotation of +securities
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Application for quotation of +securities

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

ASX +security code and description	Total number of +securities on issue
THR : CHESS DEPOSITARY INTERESTS 1:1	587,544,652
THROA : OPTION EXPIRING 08-JUL-2023	129,300,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

ASX +security code and description	Total number of +securities on issue
THRAS : OPTION EXPIRING 10-NOV-2022 EX $0.03	8,333,000
THRAK : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	321,998,529
THRAM : ORDINARY FULLY PAID	1,169,251,759
THRAQ : OPTION EXPIRING 23-OCT-2022 EX GBP 0.01	26,500,000
THRAR : OPTION EXPIRING 23-OCT-2023 EX GBP 0.0054	4,000,000
THRAT : OPTION EXPIRING 04-MAR-2024 EX GBP 0.010273	2,433,526
THRAV : OPTION EXPIRING 17-AUG-2023 EX GBP 0.013	61,538,461
THRAN : OPTION EXPIRING 08-JUL-2023 EX 0.95C	16,000,000
THRAU : OPTION EXPIRING 04-DEC-2022 EX USD 0.0175	6,000,000

Application for quotation of +securities