23:13:29 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



Thunderstruck Resources Ltd (2)
Symbol AWE
Shares Issued 34,261,946
Close 2025-02-26 C$ 0.045
Market Cap C$ 1,541,788
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Thunderstruck arranges $620,500 private placement

2025-02-27 14:12 ET - News Release

Ms. Bryce Bradley reports

THUNDERSTRUCK ANNOUNCES PRIVATE PLACEMENT

Thunderstruck Resources Ltd. has arranged a non-brokered private placement of 8.5 million common shares at a price of 7.3 cents per share for aggregate gross proceeds of $620,500. No warrants will be issued.

A cash finder's fee of 6 per cent of the proceeds raised is expected to be paid to an arm's-length third party.

Proceeds of the placement will be applied to exploration programs for the company's properties in Fiji and for general working capital. The placement is subject to regulatory approval, including the approval of the TSX Venture Exchange.

About Thunderstruck Resources Ltd.

Thunderstruck Resources is a Canadian mineral exploration company focused on the discovery of high-value copper-gold porphyry, gold-silver epithermal and VMS (volcanogenic massive sulphide) base metal deposits on the main island of Viti Levu in Fiji.

Fiji has a long history of mining with over 75 years of activity at the prolific Vatukoula gold mine alongside several advanced development projects, including Tuvatu (Lion One Metals), with indicated resources of one million tonnes at 8.48 grams per tonne gold (274,600 ounces) and inferred resources of 1.33 million tonnes at 9.0 grams per tonne gold (384,000 ounces) (Tuvatu PEA (preliminary economic assessment) update; National Instrument 43-101); and Namosi (Newmont), with proven, measured and indicated resources of 1.8 billion tonnes at 0.35 per cent copper and 0.11 gram per tonne gold (6.4 million ounces gold and 6.3 million tonnes copper) (Newcrest annual mineral resource update; June, 2022).

The company provides investors with exposure to a diverse portfolio of exploration-stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the TSX-V under the symbol AWE and the U.S. OTC (over-the-counter) market under the symbol THURF.

We seek Safe Harbor.

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