Business
Thunder Gold Announces $2 Million Non-Brokered Private Placement of Flow-Through Units
Thunder Bay, Ontario--(Newsfile Corp. - December 12, 2025) - Thunder Gold Corp. (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) ("Thunder Gold" or the "Company") is...
About this update from Thunder Gold Corp.
[{"type":"text","content":"Thunder Bay, Ontario--(Newsfile Corp. - December 12, 2025) - Thunder Gold Corp. (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) ("Thunder Gold" or the "Company") is pleased to announce a non-brokered private placement of flow-through units for gross proceeds of up to approximately C$2,000,000 (the "Private Placement"). Proceeds of the Private Placement shall be used to fund the on-going exploration program at the Company's 100%-owned, 2,500 hectare, Tower Mountain Gold Property, located in the Shebandowan Greenstone Belt, 40 kilometres west of the port city of Thunder Bay, Ontario and other "Canadian exploration expenses" that qualify as "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada) (the "Tax Act")).","length":811,"tagName":"p"},{"type":"text","content":"The Private Placement will consist of up to 26,666,667 flow-through units ("FT Units") at a price of $0.075 per FT Unit for aggregate gross proceeds of up to approximately C$2,000,000.","length":194,"tagName":"p"},{"type":"text","content":"Each FT Unit consists of one common share of the Company and one-half of one (1/2) common share purchase warrant (each whole warrant, a "Warrant"), each of which will qualify as a "flow-through share" as defined in subsection 66(15) of the Tax Act. Each Warrant being exercisable for an additional common share of the Company (each of which will not qualify as a "flow-through share" under the Tax Act) at an exercise price of $0.10 for 18 months from the date of issue.","length":500,"tagName":"p"},{"type":"text","content":"The Private Placement is expected to close on or about December 19, 2025, and is subject to approval by the TSX Venture Exchange (the "TSXV"). All securities issued pursuant to the Private Placement will be subject to a four (4) month plus a day hold period from the date of issuance in accordance with applicable securities legislation and policies of the TSXV.","length":372,"tagName":"p"},{"type":"text","content":"In connection with the Private Placement, the Company may pay finders' fees to eligible finders in accordance with the policies of the TSXV consisting of a cash fee equal to up to 6% of the gross proceeds raised under the Private Placement.","length":244,"tagName":...