ASX Code: "THR"

Date: 22 September 2016

Company Announcements Office,ASX Securities Limited, 20, Bridge Street, Sydney, N.S.W. 2000 Notification of Major Interest in Shares

The Directors of Thor Mining PLC (AIM, ASX THR) ("Thor" or "Company") advise of the receipt of TR-1: Notification of Major Interest in Shares (attached), from Spreadex Ltd ("Spreadex"). This form is an AIM listing requirement. Pursuant to ASX Listing Rule 3.17.4, Thor is required to provide the ASX with a copy of this document.

This notification by Spreadex by was triggered by the disposal of Shares by Spreadex.

Spreadex's shareholding has reduced from 270,619,145 to 203,768,306. Spreadex's shareholding now represents 3.32% of Thor's total issued share capital.

For further information, please contact:

THOR MINING PLC

Ray Ridge

Company Secretary and Chief Financial Officer Tel: +61 8 7324 1935

Fax: +61 8 8351 5169

Email: admin@thormining.com

THOR MINING PLC

Registered Numbers: United Kingdom 05 276 414

Australia 121 117 673

Registered Office: 58 Galway Avenue,

MARLESTON SA, 5033

Australia

Postal Address: PO BOX 458

MARLESTON SA, 5033

Australia

Ph: +61 8 7324 1935

Fax: +61 8 8351 5169

Email:corporate@thormining.com

Website:www.thormining.com

Enquiries: Mick Billing

Executive Chairman

Thor Mining PLC

+61 8 7324 1935

Nominated Advisor Colin Aaronson Grant Thornton

+44 (0) 20 7383 5100

ASX Listings: Shares: THR

AIM Listings: Shares: THR

Directors: Michael Billing Gervaise Heddle Paul Johnson David Thomas

Projects:

  • Tungsten

    Molyhil NT

    Pilot Mountain USA

  • Gold

Dundas WA

Page | 1

For filings with the FSA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

THOR MINING

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

YES

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

YES

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

NO

An event changing the breakdown of voting rights

NO

Other (please specify):

3. Full name of person(s) subject to the notification obligation: iii

Steven King - 3.32%

4. Full name of shareholder(s)

(if different from 3.):iv

SPREADEX LTD

5. Date of the transaction and date on which the threshold is crossed or reached: v

14/09/2016

6. Date on which issuer notified:

20/09/2016

7. Threshold(s) that is/are crossed or reached: vi,vii

4%

8. Notified details:

A: Voting rights attached to shares viii,ix

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

Indirect

xii

Direct

Indirect

GB00B1DXJY95

270,619,145

270,619,145

203,768,306

203,768,306

3.32%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial

Expiration

Exercise/

Number of voting

% of voting

instrument

date xiii

Conversion Period xiv

rights that may be

rights

acquired if the

instrument is

exercised/ converted.

CFD/SPREADBET

32,667,692

0.53%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration datexvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix,xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

236,435,998

3.85%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

DAVID CORBEN

15. Contact telephone number:

01727 895135

Thor Mining plc published this content on 22 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 September 2016 07:39:03 UTC.

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