REG - Thor Mining PLC - Appendix 3Y <Origin Href="QuoteRef">THRL.L</Origin>

Thor EnergyAnnouncement

30/10/2014 08:25

RNS Number : 6470V
Thor Mining PLC
30 October 2014
Thursday, 30 October 2014
THOR MINING PLC
Thor Mining PLC ("Thor" or the "Company")
The Directors of Thor Mining PLC (AIM, ASX: THR) today released the following announcement on the Australian Securities Exchange ("ASX") as required under the listing rules of the ASX.
30 October 2014
Company Announcements Office,
ASX Securities Limited,
20, Bridge Street,
Sydney, N.S.W. 2000
Appendix 3Ys - Issue of Shares (as CDIs) to Directors
The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX THR) advise of:
The issue of shares, as CDIs, to directors in accordance with resolutions passed at the General Meeting of the company held on 31 July 2014 as follows:
M R Billing 34,530,386
M K Ashton    34,530,386
T J Ireland   13,812,155
D E Thomas    13,812,155
Total 96,685,082
The above Thor Directors provided unsecured loans totalling $175,000 to Black Fire Minerals Limited ("Black Fire") (ASX: BFE) in March 2014, to enable Black Fire to complete its acquisition of the Pilot Mountain Tungsten Project, subsequently creating the opportunity for Thor to acquire the Pilot Mountain Tungsten Project from Black Fire. The Directors agreed to convert their unsecured loans to Thor CDIs, immediately upon completion of the subsequent acquisition by Thor, as approved by Thor shareholders at a General Meeting held 31 July 2014.
With the Thor acquisition now complete (refer to the ASX announcement of 28 October 2014), a total 96,685,082 ordinary shares of 0.01p each ("Ordinary Shares") have been issued to the Directors on the 29 of October 2014, as full repayment of the unsecured Director loans (at an issue price A$0.00181).
The applicable Appendix 3Y's are attached.

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 30/9/2001.
Name of entity: Thor Mining PLC
ARBN: 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
Michael Robert Billing
Date of last notice
2 May 2014
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
Direct or indirect interest
Direct & Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
Michael Billing is: 
 a trustee and beneficiary of the Lapun Kamap Super Fund and 
 a director and shareholder of MBB Trading Pty Ltd.
Date of change
28 October 2014
No. of securities held before change - Direct
 2,976,949 CDIs
 2,500,000 AIM listed Shares
No. of securities held before change - Indirect
Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund.
 16,314,701 CDIs 
Held by MBB Trading Pty Ltd
 11,063,123 CDIs.
Class
 CDIs (ASX)
 Shares (AIM)
Number acquired - Direct
N/A
Number acquired - Indirect
 34,530,386 CDI Shares held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund.
Number disposed
N/A
Value/Consideration
(a) Note: If consideration is non-cash, provide details and estimated valuation
Existing loan of A$62,500 converted to CDIs at a price of $0.00181.
A number of Thor Directors provided loans to Black Fire Minerals Limited in March 2014, to enable that company to complete its acquisition of the Pilot Mountain Tungsten Project. Thor Mining PLC subsequently acquired the Pilot Mountain Tungsten Project effective 28 October 2014, including the assignment of those loans. The Directors have agreed to immediately convert their loans to Thor CDIs. This was approved at the 31 July 2014 General Meeting (resolution 7).
No. of securities held after change - Direct
 2,976,949 CDIs
 2,500,000 AIM listed Shares
No. of securities held after change - Indirect
Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund.
 50,845,087 CDIs
Held by MBB Trading Pty Ltd
 11,063,123 CDIs.
Nature of change
(b) Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
Conversion of loans to CDIs. See background provided at the above section entitled "Value/Consideration".


Part 2 - Change of director's interests in contracts
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?
N/A
If prior written clearance was provided, on what date was this provided?
N/A

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 30/9/2001.
Name of entity: Thor Mining PLC
ARBN: 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. 
1 Name of Director
Michael Ashton
Date of last notice
5 December 2013
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
Direct or indirect interest
Direct & Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
Michael Ashton is a director of:
 Ashton Drilling Services Pty Ltd 
 Mick Ashton Nominees Pty Ltd
and owns 100% of the issued share capital of both. 
 Greenstone Property Pty Ltd 
and owns a controlling shareholding in that company.
Date of change
28 October 2014
No. of securities held prior to change -Direct

No. of securities held prior to change- Indirect
Ashton Drilling Services
 245,569 CDIs
Mick Ashton Nominees Pty Ltd.
 21,036,025 CDIs
Mick Ashton Superannuation Fund
 350,453 CDIs
Greenstone Property Pty Ltd
 2,550,698 CDIs
Class
CDIs
Number acquired - Direct
Nil
Number acquired - Indirect
Mick Ashton Nominees Pty Ltd
 34,530,386 CDIs
Number disposed
Nil
Value/Consideration
 Note: If consideration is non-cash, provide details and estimated valuation
Existing loan of A$62,500 converted to CDIs at a price of $0.00181.
A number of Thor Directors provided loans to Black Fire Minerals Limited in March 2014, to enable that company to complete its acquisition of the Pilot Mountain Tungsten Project. Thor Mining PLC subsequently acquired the Pilot Mountain Tungsten Project effective 28 October 2014, including the assignment of those loans. The Directors have agreed to immediately convert their loans to Thor CDIs. This was approved at the 31 July 2014 General Meeting (resolution 7).
No. of securities held after change - Direct
Nil 
No. of securities held after change - Indirect
Ashton Drilling Services
 245,569 CDIs
Mick Ashton Nominees Pty Ltd.
 55,566,411 CDIs
Mick Ashton Superannuation Fund
 350,453 CDIs
Greenstone Property Pty Ltd
 2,550,698 CDIs
Nature of change
 Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
Conversion of loans to CDIs. See background provided at above section entitled "Value/Consideration".
Part 2 - Change of director's interests in contracts
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?
N/A
If prior written clearance was provided, on what date was this provided?
N/A

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 30/9/2001.
Name of entity: Thor Mining PLC
ARBN: 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
Trevor John Ireland
Date of last notice
5 December 2013
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
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.
Shares owned by the Director's spouse, Mrs Carolyn Ireland
Date of change
28 October 2014
No. of securities held prior to change: Direct.
7,544,929 CDIs.
No. of securities held prior to change: Indirect.
850,000 CDIs 
Class
CDIs
Number acquired - Direct
 13,812,155 CDIs
Number acquired - Indirect
Nil
Number disposed - Direct
Nil
Value/Consideration
(a) Note: If consideration is non-cash, provide details and estimated valuation
Existing loan of A$25,000 converted to CDIs at a price of $0.00181.
A number of Thor Directors provided loans to Black Fire Minerals Limited in March 2014, to enable that company to complete its acquisition of the Pilot Mountain Tungsten Project. Thor Mining PLC subsequently acquired the Pilot Mountain Tungsten Project effective 28 October 2014, including the assignment of those loans. The Directors have agreed to immediately convert their loans to Thor CDIs. This was approved at the 31 July 2014 General Meeting (resolution 7).
No. of securities held after change:
Direct
 21,357,084 CDIs.
 
No. of securities held after change:
Indirect
 850,000 CDIs
Nature of change
(b) Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
Conversion of loans to CDIs. See background provided at above section entitled "Value/Consideration".
 
Part 2 - Change of director's interests in contracts
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
(c) Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired

Interest disposed

Value/Consideration
(d) 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

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 30/9/2001.
Name of entity: Thor Mining PLC
ARBN: 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
David Edward Thomas
Date of last notice
5 December 2013
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
Direct or indirect interest
Direct 
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.

Date of change
28 October 2014
No. of securities held prior to change: Direct.
6,185,502 CDIs
No. of securities held prior to change: Indirect.
Nil
Class
CDIs
Number acquired - Direct
13,812,155 CDIs
Number acquired - Indirect
Nil
Number disposed
Nil
Value/Consideration
(e) Note: If consideration is non-cash, provide details and estimated valuation
Existing loan of A$25,000 converted to CDIs at a price of $0.00181.
A number of Thor Directors provided loans to Black Fire Minerals Limited in March 2014, to enable that company to complete its acquisition of the Pilot Mountain Tungsten Project. Thor Mining PLC subsequently acquired the Pilot Mountain Tungsten Project effective 28 October 2014, including the assignment of those loans. The Directors have agreed to immediately convert their loans to Thor CDIs. This was approved at the 31 July 2014 General Meeting (resolution 7).
No. of securities held after change:
Direct
19,997,657 CDI shares 
No. of securities held after change:
Indirect
Nil
Nature of change
(f) Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
Conversion of loans to CDIs. See background provided at above section entitled "Value/Consideration".
Part 2 - Change of director's interests in contracts
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
(g) Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired

Interest disposed

Value/Consideration
(h) 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?
N/A
If prior written clearance was provided, on what date was this provided?
N/A
 
Enquiries: 
Mick Billing
+61 (8) 7324 1935
Thor Mining PLC
ExecutiveChairman
Ray Ridge
+61 (8) 7324 1935
Thor Mining PLC
CFO/Company
Secretary
Colin Aaronson/ 
David Hignell/
Harrison Clarke
+44 (0) 207 383 5100 
Grant Thornton UK LLP
Nominated Adviser
Andrew Monk/
Bhavesh Patel
+44 (0) 20 3005 5000
VSA Capital Ltd
Broker
Alex Walters
+44 (0) 7771 713608
+44 (0) 207 839 9260
Cadogan PR
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.

This information is provided by RNS
The company news service from the London Stock Exchange
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