Mr. John Newell reports

THUNDERBIRD ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Further to its news releases issued Aug. 21, 2025, and Oct. 7, 2025, Thunderbird Minerals Corp. has closed a non-brokered private placement consisting of 6.7 million units at a price of five cents per unit for gross proceeds of $335,000.

Each unit consists of one common share of the company and one common share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of 10 cents per warrant share for a period of 12 months. However, if, at any time after expiry of the statutory hold period (as defined below), the closing price of the company's common shares on the TSX Venture Exchange is at or above 20 cents per share for a period of 21 consecutive trading days (the triggering event), the company may, within five days of the triggering event, accelerate the expiry date by giving notice thereof to the holders of the warrants, by way of news release, and, in such case, the expiry date will be the first day that is 30 calendar days after the date on which such notice is given by the company announcing the triggering event.

Thunderbird's chief executive officer, John Newell, has subscribed for 400,000 units. This participation by Mr. Newell constitutes a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the units acquired by the insider nor the consideration for the units paid by such insider exceeds 25 per cent of the company's market capitalization.

The proceeds of the offering will be used for general working capital purposes, including the settlement of current liabilities, continuing exploration expenditures, option payments in respect of mineral properties, and other corporate and administrative expenses.

The securities issued under the offering, and any shares that may be issuable on exercise of any such securities, are subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.

No finders' fees are payable in connection with the offering.

The offering is subject to final approval of the TSX-V.

About Thunderbird Minerals Corp.

Thunderbird Minerals is a Canadian junior exploration company focused on high-quality precious and base metal projects in mining-friendly jurisdictions. With a strategic portfolio and a commitment to responsible exploration, Thunderbird aims to deliver shareholder value through discovery and innovation.