Thor Energy Regulatory News (THR)

18 May 2006 07:00

Thor Mining PLC18 May 2006 THOR MINING PLC Issue of Equity Dated: 18 May 2006 Thor Mining PLC (the "Company") the mineral exploration and development companyfocussed on advancing tungsten and molybdenum projects in the Northern Territoryof Australia has raised £300,000 (gross) by the issue of 10,000,000 new ordinaryshares of 1p each in the capital of the Company (the "Shares") at 3p per Share,conditional on the Shares being admitted to trading AIM. The funds are tosupplement the Company's working capital and to provide additional finance forthe development of the definitive feasibility study on the Molyhil Tungsten andMolybdenum Project. Following the issue of these Shares the Company's total issued share capitalwill be 191,765,000 ordinary shares. Application has been made to the LondonStock Exchange for the Shares to be admitted to trading of on AIM. Dealings areexpected to commence at 8.00 a.m. on 19 May 2006. Enquiries: John Barr 00 61 418 912 885 Thor Mining PLC Executive ChairmanJohn Simpson 020 7512 0191 ARM Corporate Finance Ltd Nominated AdviserAbigail Singleton 0207 429 6666 or Conduit PR Public Relations 07739 461 061 This information is provided by RNS The company news service from the London Stock Exchange