Subject: News release to disseminate
PDF Document
File: Attachment AWE NR Nov 26 2025.pdf
TSXV: AWE
OTC: THURF
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Thunderstruck Completes Debt Settlement
November 26, 2025 Vancouver, British Columbia Thunderstruck Resources Ltd. (the "Company")
reports that further to its press release dated October 24, 2025, it has now completed the debt settlement
with its Chief Executive Officer, Bryce Bradley, settling $155,000 of unpaid salary, accrued over a 31
month period, through the issuance of 3,100,000 common shares of the Company at a deemed price of
$0.05 per share (the "Settlement Shares"). The Settlement Shares are subject to resale restrictions under
applicable Canadian securities legislation until March 27, 2026.
The debt settlement is 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 ("MI
61-101"),but 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% of the Company's
market capitalization.
In addition, the Company also wishes to announce that it has granted 1,830,000 stock options in
accordance with its stock option plan to directors, employees and consultants, with each option being
exercisable into one common share at a price of 0.05 cents per share for a period of five years.
Early warning disclosure
As noted above, upon closing of the debt settlement, Ms. Bradley acquired 3,100,000 common shares.
When combined with the securities previously held by Ms. Bradley, she now beneficially owns a total of
6,067,356 shares, representing 10.73 per cent of the total issued and outstanding shares on an undiluted
basis and 15.18 per cent on a partially diluted basis. Prior to closing, Ms. Bradley beneficially owned
2,967,356 shares, representing 5.55 per cent of the total issued and outstanding shares on an undiluted
basis and 10.28 per cent on a partially diluted basis. The aggregate value of the 3,100,000 common shares
issued to Ms. Bradley is $155,000. The common shares were acquired for investment purposes, and, in
the future, additional securities of the Company may be acquired or disposed of by Ms. Bradley as
circumstances or market conditions may warrant. An early warning report will be filed by Ms. Bradley
with applicable Canadian securities regulatory authorities. To obtain a copy of the related early warning
report, please contact the company by e-mail at info@thunderstruck.ca. Ms. Bradley has an address at
Level 1, Caines Jannif Building, Victoria Parade, Suva, Fiji.
About Thunderstruck Resources
THUNDERSTRUCK RESOURCES LTD.
www.thunderstruck.ca TSX-V: AWE OTC: THURF
Thunderstruck Resources is a Canadian mineral exploration company focused on the discovery of high
value copper-gold porphyry, gold-silver epithermal, and VMS 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 Mt @ 8.48 g/t Au (274,600 oz), Inferred Resources of 1.33 Mt @ 9.0 g/t Au
(384,000 oz) (Tuvatu-PEA-Update-NI-43-101) and Namosi (Newmont), Proven, Measured and Indicated
Resources of 1.8Bt at 0.35% Cu and 0.11 g/t Au (6.4M oz Au and 6.3Mt 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 Toronto Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the
symbol "THURF."
For additional information, please contact:
Bryce Bradley, Chief Executive Officer
Email: bryce@thunderstruck.ca
P: +1 604 349-8119
or, visit our website: http://www.thunderstruck.ca
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This news release contains certain statements that may be deemed "forward-looking statements". Although
Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results may differ materially
from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and
opinions of Thunderstruck's management on the date the statements are made. Except as required by law,
Thunderstruck undertakes no obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.
THUNDERSTRUCK RESOURCES LTD.
www.thunderstruck.ca TSXV: AWE; OTC: THURF
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