Thunder Gold Announces Non-Brokered Private Placement
Thunder Bay, Ontario–(Newsfile Corp. – August 14, 2024) – Thunder Gold Corp (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) (formerly White Metal Resources Corp) (“Thunder Gold” or the “Company”) is pleased to announce it intends to complete a non-brokered private placement to raise gross proceeds of up to approximately $1,000,000 (the “Financing”) through the sale of up to 33,333,333 units (the “Units”) at a price of $0.03 per Unit. Each Unit shall consist of one common share of the Company and one common share purchase warrant (the “Warrant”), entitling the holder to purchase one additional common share of the Company at a price of $0.10 per share for a period of 36 months from the date of issue. Each Warrant shall be subject to an accelerated expiry date at the option of the Company in the event the twenty (20) day volume-weighted average price of the common shares of the Company on the TSX Venture Exchange (the “TSXV”) for any twenty (20) consecutive trading days is $0.20 or more. (more…)