REG - Thor Mining PLC - Result of AGM

Thor EnergyAnnouncement

10/11/2021 13:05

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RNS Number : 9800R  Thor Mining PLC  10 November 2021

10 November 2021

 

 

Thor Mining PLC

Result of AGM

 

The directors of Thor Mining Plc ("Thor") (AIM, ASX: THR, OTCQB: THORF)
announce that at the Annual General Meeting held earlier today, all
resolutions were passed.

 

Proxy results for all resolutions were as follows:

 Resolution  For          Discretion of the Chairman  Against     Withheld
 1           279,207,823  38,355                      2,271,956   1,034,400
 2           274,533,706  38,355                      7,589,650   367,294
 3           203,515,286  38,355                      26,525,108  52,473,785
 4           203,514,424  38,355                      78,582,461  417,294
 5           279,306,906  3,323                       1,695,003   447,302
 6           271,852,060  38,355                      8,768,815   1,562,654
 7           194,208,376  38,355                      34,686,658  53,619,145
 8           194,184,847  38,355                      86,743,149  1,562,654
 9           268,185,887  38,355                      10,903,873  3,224,419
 10          273,049,001  38,355                      8,618,278   846,900
 11          274,504,123  38,355                      7,492,510   517,546
 12          274,504,123  38,355                      7,492,510   517,546
 13          274,474,123  38,355                      7,492,510   547,546
 14          272,666,094  38,355                      9,202,637   186,098
 15          272,292,204  38,355                      8,734,330   645,440
 16          261,020,767  38,355                      20,874,420  618,992
 17          240,847,079  38,355                      20,875,282  618,992
 18          272,105,874  38,355                      8,964,313   1,443,992
 19          271,288,583  38,355                      8,403,585   2,741,361
 20          270,207,925  38,355                      10,615,941  709,663

 

 

 

ISSUE OF DIRECTOR OPTIONS

As a result of the passage of resolutions 6 to 9, the Company will issue Share
Options ("Share Options") to the Directors.

Following the issue of Share Options to Directors, each Director will hold:

 Director                       Existing Options Held    Options to     be issued      Resultant Options held
                             Number                         Number
 Ms Nicole Galloway Warland  4,000,000                   12,000,000                    16,000,000
 Mr Alastair Clayton         -                           8,000,000                     8,000,000
 Mr Mark Potter              8,000,000                   8,000,000                     16,000,000
 Mr Mark McGeough            -                           8,000,000                     8,000,000

 

 

- Ends -

 

For further information on the Company, please visit www.thormining.com
(http://www.thormining.com)  or contact the following:

 Thor Mining PLC
 Nicole Galloway Warland, Managing Director               Tel: +61 (8) 7324 1935

 Ray Ridge, CFO / Company Secretary                       Tel: +61 (8) 7324 1935

 WH Ireland Limited (Nominated Adviser and Joint Broker)  Tel: +44 (0) 207 220 1666
 Jessica Cave / Darshan Patel / Megan Liddell

 Jasper Berry (Corporate Broking)

 SI Capital Limited (Joint Broker)                        Tel: +44 (0) 1483 413 500
 Nick Emerson

 Yellow Jersey (Financial PR)                             thor@yellowjerseypr.com
 Sarah Hollins / Henry Wilkinson                          Tel: +44 (0) 20 3004 9512

 

 

Updates on the Company's activities are regularly posted on Thor's website
www.thormining.com (http://www.thormining.com/) , which includes a facility to
register to receive these updates by email, and on the Company's twitter page
@ThorMining.

 

About Thor Mining PLC

Thor Mining PLC (AIM, ASX: THR; OTCQB: THORF) is a diversified resource
company quoted on the AIM Market of the London Stock Exchange, ASX in
Australia and OTCQB Market in the United States.

The Company is advancing its diversified portfolio of precious, base, energy
and strategic metal projects across USA and Australia. Its focus is on
progressing its copper, gold, uranium and vanadium projects, while seeking
investment/JV opportunities to develop its tungsten assets.

Thor owns 100% of the Ragged Range Project, comprising 92 km(2) of exploration
licences with highly encouraging early-stage gold and nickel results in the
Pilbara region of Western Australia, for which drilling is currently underway.

At Alford East in South Australia, Thor is earning an 80% interest in
copper-gold deposits considered amenable to extraction via In Situ Recovery
techniques (ISR). In January 2021, Thor has announced an Inferred Mineral
Resource Estimate of 177,000 tonnes contained copper & 71,000 oz
gold.¹

Thor also holds a 30% interest in Australian copper development company
EnviroCopper Limited, which in turn holds rights to earn up to a 75% interest
in the mineral rights and claims over the resource on the portion of the
historic Kapunda copper mine and the Alford West copper project, both situated
in South Australia, and both considered amenable to recovery by way of ISR.²
³

Thor holds 100% interest in two private companies with mineral claims in the
US states of Colorado and Utah with historical high-grade uranium and vanadium
drilling and production results.

Thor holds 100% of the advanced Molyhil tungsten project, including measured,
indicated and inferred resources⁴, in the Northern Territory of Australia,
which was awarded Major Project Status by the Northern Territory government in
July 2020.

Adjacent to Molyhil, at Bonya, Thor holds a 40% interest in deposits of
tungsten, copper, and vanadium, including Inferred resource estimates for the
Bonya copper deposit, and the White Violet and Samarkand tungsten deposits.⁵

Notes

(1) www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210127-maiden-copper.gold-estimate-alford-east-sa.pdf
(http://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210127-maiden-copper.gold-estimate-alford-east-sa.pdf)
 

(2) www.thormining.com/sites/thormining/media/pdf/asx-announcements/20172018/20180222-clarification-kapunda-copper-resource-estimate.pdf
(http://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20172018/20180222-clarification-kapunda-copper-resource-estimate.pdf)
 

³
www.thormining.com/sites/thormining/media/aim-report/20190815-initial-copper-resource-estimate---moonta-project---rns---london-stock-exchange.pdf
(http://www.thormining.com/sites/thormining/media/aim-report/20190815-initial-copper-resource-estimate---moonta-project---rns---london-stock-exchange.pdf)

 (4)
www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210408-molyhil-mineral-resource-estimate-updated.pdf
(http://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210408-molyhil-mineral-resource-estimate-updated.pdf)
 

(5
)www.thormining.com/sites/thormining/media/pdf/asx-announcements/20200129-mineral-resource-estimates---bonya-tungsten--copper.pdf
(http://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20200129-mineral-resource-estimates---bonya-tungsten--copper.pdf)
 

 

 

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