Thor Mining Seeks Trading Halt On ASX Pending Placing Announcement

21st Jun 2010 08:36

LONDON (Dow Jones)--Thor Mining PLC (THR.LN), the specialist metals company focused on gold and base metals projects and advancing tungsten-molybdenum projects in the Northern Territory of Australia, said Monday that it has applied for a voluntary trading halt on its securities on the Australian Stock Exchange pursuant to Listing Rule 17.1 for 48 hours until the opening of trade on June 23. MAIN FACTS: -Thor to make announcement concerning a planned placement and offer to shareholders June 23. -Shares in London at 0730 GMT unchanged at 1.05 pence valuing the company at GBP2.55 million. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; [email protected] (END) Dow Jones Newswires June 21, 2010 03:36 ET (07:36 GMT)