Direct or indirect interest |
Direct & Indirect |
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. |
Michael Billing is: · a trustee and beneficiary of the Lapun Kamap Super Fund and · a director and shareholder of MBB Trading Pty Ltd. |
Date of change |
14 November 2014 |
No. of securities held before change - Direct |
· 10,735,570 CDIs · 2,500,000 AIM listed Shares |
No. of securities held before change - Indirect |
Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund. · 59,845,087 CDIs Held by MBB Trading Pty Ltd · 29,578,294 CDIs. |
Class |
· CDIs (ASX) · Shares (AIM) |
Number acquired - Direct |
· Nil |
Number acquired - Indirect |
· 7,271,610 CDIs held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund. · Nil |
Number disposed |
N/A |
Value/Consideration (a) Note: If consideration is non-cash, provide details and estimated valuation |
The CDIs were received for Nil consideration. The value of the CDIs at the ASX closing price of $0.003 on 19 November 2014 was $21,815. |
No. of securities held after change - Direct |
· 10,735,570 CDIs · 2,500,000 AIM listed Shares |
No. of securities held after change - Indirect |
Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund. · 67,116,697 CDIs (7,271,610 being held in escrow until 27 October 2015). Held by MBB Trading Pty Ltd · 29,578,294 CDIs. |
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Nature of change (b) Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
Consideration paid by Thor Mining, for the acquisition of Pilot Mountain, from Black Fire Minerals Limited (ASX: BFE), was 418,750,000 Thor Mining CDIs (refer ASX announcement 28 October 2014). Black Fire Minerals Limited subsequently made an in specie distribution to it's shareholders, of the 418,750,000 Thor Mining CDI's. Statements related to the in specie distribution were issued by our registrar on Friday 14 November 2014. As a shareholder in Black Fire Minerals Limited, Mr M Billing and Mrs B Billing (as trustees and beneficiaries of the Lapun Kamap Super Fund), received 7,271,610 CDI's. The CDIs are held in escrow until 27 October 2015. |
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