Thunder Gold Announces Closing of CDN$1.6 Million Non-Brokered Private Placement of Flow-Through & Non-Flow-Through Units
Summary
Thunder Gold closed a non-brokered private placement and raised CDN$1.6 million after upsizing the original offering. The company sold flow-through units and non-flow-through units, and it added warrants and finder warrants as part of the deal. Thunder Gold plans to use the proceeds to expand soil geochemistry work, complete infill sampling, and advance exploration targets at its Tower Mountain Gold Property. The company also expects to begin a 2,000 to 3,000 metre Phase 3 drill program in mid to late September.
Funding
Amount
$1.2M
Total raised
Date
June 30, 2025
Announcement date
Investors
PowerOne Capital Markets Limited
Lead investors
Company
thundergoldcorp.com
Funded company
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