Mr. Adrian Coates reports

THOR EXPLORATIONS LTD.: DIRECTOR & PDMR DEALING

Adrian Coates, non-executive chairman of Thor Explorations Ltd., has carried out bed and ISA transactions, having transferred 36,250 common shares respectively from his share-dealing account into his ISA account.

Mr. Coates also purchased 5,150 common shares.

Following these transactions, Mr. Coates retains a beneficial interest in 2,191,950 common shares, representing approximately 0.33 per cent of the total issued share capital in the company.