Mr. Bryce Bradley reports

THUNDERSTRUCK GRANTS OPTIONS

Thunderstruck Resources Ltd. has granted a total of 120,000 options to a director, each option being exercisable into one common shares at a price of 10 cents per share for a period of five years. Of the options, 40,000 options shall vest immediately and the balance in equal monthly instalments over the remainder of the calendar year.

In addition, in order to preserve the company's cash on hand, the company has entered into a consulting agreement with each of its directors, providing that, at the discretion of such directors, the directors may convert up to $2,500 of their consulting fees per month into common shares of the company. Any conversion thereunder shall be made quarterly based on the price of the company's common shares at the time such fee is due and in any event not less than 10 cents per share. The consulting agreements became effective as at Jan. 1, 2015. As such agreements involve the company's directors and the potential issuance of securities of the company, the consulting agreements constitute a related-party transaction within the meaning of Multilateral Instrument 61-101, protection of minority securityholders in special transactions. The consulting agreements were each approved by the company's disinterested directors and have been determined to be exempt from the requirements to obtain a formal valuation or minority shareholder approval.

The company has also entered into a consulting agreement with a third party consultant to provide in-country exploration management services for the company's projects. Should such consultant's fees exceed $3,500 in any month, the company has the right to elect to pay up to 50 per cent of such fee through the issuance of common shares, based on the price of the company's common shares at the time such fee is due and in any event not less than 10 cents per share.

We seek Safe Harbor.