Thunder Gold Closes $2.5 Million Financing Led by a Strategic Investor

Thunder Gold Corp. has successfully closed a $2.5 million non-brokered private placement, representing a significant milestone in the company's development of its Tower Mountain Gold Property in Ontario's Shebandowan Greenstone Belt. The financing was led by a strategic investor in the mining sector, demonstrating institutional confidence in the project's potential and providing the company with enhanced credibility and potential future collaboration opportunities.

The financing structure consists of 25 million units priced at $0.10 each, with each unit including one common share and half a warrant exercisable at $0.15 for 18 months. This pricing represents a reasonable entry point while the warrant structure provides potential additional funding if the company's share price appreciates. The strategic investor was also granted participation rights to increase their stake up to 9.99% through September 2026, indicating their long-term commitment to the project.

The Tower Mountain property presents a compelling opportunity, with a recently announced mineral resource estimate totaling 514,000 ounces of indicated gold resources and 3.05 million ounces of inferred resources at grades of approximately 0.45-0.46 g/t gold. The resource estimate, prepared by Micon International Limited, provides a solid foundation for the company's aggressive 2026 drilling program, which will now total 15,000 metres following the successful financing.

This financing positions Thunder Gold to accelerate its development timeline, with plans to complete Phase One drilling by September 2026 and deliver both a resource update and preliminary economic assessment by Q4 2026. The proximity to Thunder Bay's port infrastructure and the property's location within an established mining district provide additional strategic advantages for future development. The company's ability to attract strategic investment while maintaining exploration momentum demonstrates strong execution capabilities in a competitive financing environment.