Thunder Gold Upsizes Private Placement of Flow-Through Units to $2.15 Million

Core Viewpoint - Thunder Gold Corp. has increased its non-brokered private placement of flow-through units to meet investor demand, aiming for gross proceeds of approximately C$2,150,000 to fund exploration at its Tower Mountain Gold Property [1][3]. Group 1: Private Placement Details - The private placement will consist of up to 28,666,667 flow-through units priced at $0.075 each, with proceeds allocated for exploration and qualifying Canadian expenses [1]. - Each flow-through unit includes one common share and one-half of a common share purchase warrant, with the warrant exercisable for an additional common share at $0.10 for 18 months [2]. - The expected closing date for the private placement is around December 19, 2025, pending approval from the TSX Venture Exchange [3]. Group 2: Financial Aspects - The company may pay finders' fees of up to 6% of the gross proceeds raised under the private placement [4]. - The securities issued will not be registered under the U.S. Securities Act and cannot be sold to U.S. persons without compliance [5]. Group 3: Tower Mountain Gold Property - The Tower Mountain Gold Property spans 2,500 hectares and is located near Thunder Bay, Ontario, featuring significant geological characteristics conducive to gold discovery [7]. - Drilling has revealed anomalous gold extending over 500 meters along a 1,500-meter strike length, indicating a promising exploration opportunity [7]. Group 4: Company Overview - Thunder Gold Corp. is a junior exploration company focused on gold discovery in Canada, emphasizing its commitment to exploring its mineral properties [8].