Mr. Bryce Bradley reports

THUNDERSTRUCK ANNOUNCES ADOPTION OF QUARTERLY EXEMPTION UNDER COORDINATED BLANKET ORDER 51-993, CLARIFIES SIZE OF PRIVATE PLACEMENT

Thunderstruck Resources Ltd. has elected to rely upon Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, and move to semi-annual financial reporting (SAR).

The blanket order allows eligible venture issuers to voluntarily move from quarterly to semi-annual financial reporting. By adopting SAR, the company aims to reduce the administrative and financial burden associated with quarterly reporting.

Under the blanket order, the company will be exempt from filing interim financial reports and related management's discussion and analysis (MD&A) for its first and third quarters. As a result, the company will not file interim financial statements and related MD&A for the three-month period ending March 31, 2026, and nine-month period ending Sept. 30, 2026. The company will continue to file audited annual financial statements and MD&A (due within 120 days of Dec. 31) and six-month interim financial statements and MD&A (due within 60 days of June 30).

The company confirms it meets the blanket order's eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million, having a disclosure record of over 12 months and having filed all required periodic and timely continuous disclosure documents.

This news release is being filed pursuant to the blanket order.

Financing updates

In addition to the proposed strategic investment with Zhaojin International Gold Co. Ltd., a Shenzhen Stock Exchange-listed gold mining company (see news release dated March 31, 2026), the company clarifies that its private placement of shares at a price of 11 cents per share will comprise an aggregate of 14,532,134 shares, generating aggregate proceeds of $1,598,534.74, of which Zhaojin will acquire 14,207,134 shares, representing 19.99 per cent of the issued and outstanding shares following completion of the offering.

As previously announced, the net proceeds from the offering are expected to be used to finance the company's 2026 exploration programs on its mineral prospects in Fiji, as well as for general working capital purposes. No finders' fees are payable in connection with the offering. The offering remains subject to the execution of definitive documentation and is also subject to receipt of al required approvals, including approval of the TSX Venture Exchange and applicable Chinese regulatory authorities.

In connection with the proposed strategic investment, the company and Zhaojin also intend to enter into an investor rights agreement, pursuant to which, subject to certain conditions and ownership thresholds, Zhaojin will be granted certain rights, including the right to appoint one director to the company's board of directors, which right will increase to two directors on certain conditions, and to designate a vice-president, exploration, for the company.

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 90 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 (t) at 8.48 grams per tonne (g/t) gold (Au) (274,600 ounces (oz)), inferred resources of 1.33 million t at 9.0 g/t Au (384,000 oz) (Tuvatu PEA (preliminary economic assessment) update, National Instrument 43-101), and Namosi (Newmont), proven, measured and indicated resources of 1.8 billion t at 0.35 per cent copper (Cu) and 0.11 g/t Au (6.4 million oz Au and 6.3 million t 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 the United States OTC (over the counter) market under the symbol THURF.

We seek Safe Harbor.