Ms. Bryce Bradley reports

THUNDERSTRUCK ANNOUNCES DEBT SETTLEMENT

Thunderstruck Resources Ltd. has entered into a debt settlement agreement dated Oct. 24, 2025, with its chief executive officer, Bryce Bradley, to settle $155,000 of unpaid salary, accrued over a 31-month period, by issuing 3.1 million common shares of the company at a deemed price of five cents per share. The board of directors, with Ms. Bradley abstaining, believes that it is in the interests of the company to preserve the company's cash for continuing operations and exploration activities.

The completion of the debt settlement is subject to customary closing conditions, including the approval of the TSX Venture Exchange. The settlement shares will be subject to a statutory four-month hold period from the date of issuance.

The debt settlement will be a related-party transaction under Policy 5.9 of the TSX Venture Exchange and Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The debt settlement is exempt from the minority approval and formal valuation requirements of MI 61-101 pursuant to subsections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the debt, nor the fair market value of the shares to be issued in settlement of the debt exceeds 25 per cent of the company's market capitalization.

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 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 other advanced development projects and mines including Tuvatu (Lion One Metals), indicated resources of 1.00 million tonnes of 8.48 grams per tonne gold (274,600 ounces) and inferred resources of 1.33 Mt of 9.0 g/t Au (384,000 oz) (Tuvatu preliminary economic assessment update NI 43-101), and Namosi (Newmont), proven, measured and indicated resources of 1.8 billion tonnes at 0.35 per cent copper and 0.11 g/t Au (6.4 million ounces Au and 6.3 million tonnes Cu) (Newcrest annual mineral resources 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 Venture Exchange under the symbol AWE and on U.S. OTC under the symbol THURF.

We seek Safe Harbor.