08:48:37 EST Thu 27 Nov 2025
Enter Symbol
or Name
USA
CA



Thunderstruck Resources Ltd (2)
Symbol AWE
Shares Issued 53,439,072
Close 2025-11-26 C$ 0.045
Market Cap C$ 2,404,758
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Thunderstruck issues 3.1M shares for debt of $155,000

2025-11-27 04:31 ET - News Release

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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