RNS Number:7472T
Thistle Mining Inc.
30 December 2003


For immediate release on Wednesday 30 December 2003

THISTLE MINING INC. ("The Company")

ADMISSION OF SHARES

Loan notes in Thistle Mining Inc. worth US $87,000 were converted to 465,380 new
Common Shares of nil par value on 22 December 2003.

An application for the new Common Shares to be admitted to trading on the
Alternative Investment Market has been made with the London Stock Exchange.
Dealings in these shares are expected to commence on Monday 5 January 2003.

The shares will rank pari passu with existing shares in issue.

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