Thor Mining PLC Market Update (3682L)

TIDMTHR

RNS Number : 3682L

Thor Mining PLC

27 April 2015

THOR MINING PLC

Thor Mining PLC ("Thor" or the "Company")

MARKET UPDATE

The Directors of Thor Mining PLC ("Thor") (AIM, ASX: THR) note the recent increase in the Company's trading volumes and also certain bulletin board speculation. The Board confirms that they are not aware of any reason for the increase in trading volumes and specifically confirm that the Company has not held any discussions regarding the Molyhil Project in Indonesia nor have publicly made any comments to this effect.

Notwithstanding this, several entities are reviewing the Molyhil Project, however these assessments may or may not lead to agreements. The Directors are hopeful that a financing arrangement will be achieved in the near term and any financing will be announced to the market if and when it occurs.

Thor will update AIM and ASX on any change to the above information in accordance with its obligations under the AIM Rules for Companies and ASX Listing Rules.

Enquiries:

 
Mick Billing       +61 (8) 7324  Thor Mining        Executive 
                    1935          PLC                Chairman 
Ray Ridge          +61 (8) 7324  Thor Mining        CFO/Company 
                    1935          PLC                Secretary 
Colin Aaronson/    +44 (0) 207   Grant Thornton     Nominated 
 Harrison Clarke/   383 5100      UK LLP             Adviser 
 Richard Tonthat 
Gerry Beaney/      +44 (0) 207   Northland Capital  Broker 
 David Hignell      382 1100      Partners Limited 
 John Howes/ 
 Mark Treharne 
Alex Walters       +44 (0) 7771  Cadogan PR         Financial 
                    713608                           PR 
                    +44 (0) 207 
                    839 9260

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

END

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