Mr. Wes Hanson reports

THUNDER GOLD ANNOUNCES $2.5 MILLION FINANCING

Thunder Gold Corp. has arranged a non-brokered private placement of 25 million units of the company at a price of 10 cents per unit, for total proceeds of $2.5-million.

Each unit consists of one common share of the company and one-half of one common share purchase warrant. Each warrant is exercisable for an additional common share of the company at an exercise price of 15 cents for 18 months from the date of issue.

Proceeds from the offering shall be used to finance continuing exploration and definition drilling at the company's 100-per-cent-owned, 2,100-hectare, Tower Mountain gold property, located in the Shebandowan greenstone belt, 40 kilometres west of the port city of Thunder Bay, Ont.

Wes Hanson, president and chief executive officer, states: "This offering allows us to advance the Tower Mountain property through rapid conversion of the inferred resource to the measured and indicated category in advance of an updated mineral resource estimate and initial scoping study in Q4 2026. We also plan to solicit bids from qualified independent consultants to establish the environmental baseline framework for the property with a view to initiating baseline sampling in 2026 as well."

The offering is expected to close on or about March 15, 2026, and is subject to approval by the TSX Venture Exchange. All securities issued pursuant to the offering will be subject to a four-month-plus-one-day hold period from the date of issuance in accordance with applicable securities legislation and policies of the TSX-V.

In connection with the offering, the company may pay finders' fees to eligible finders in accordance with the policies of the TSX-V consisting of a cash fee equal to up to 6 per cent of the gross proceeds raised under the offering and finders' warrants equal to up to 6 per cent of the units and FT shares sold under the offering. Each finder's warrant entitles the holder thereof to acquire one common share at a price of 15 cents for a period of 18 months from the closing date.

Qualified person

Technical information in this news release has been reviewed and approved by Wes Hanson, PGeo, president and CEO of Thunder Gold, who is a qualified person under the definitions established by National Instrument 43-101.

About the Tower Mountain gold property

The 100-per-cent-owned Tower Mountain gold property is located adjacent to the Trans-Canada Highway, approximately 40 kilometres west of Thunder Bay, Ont. The 2,100-hectare property surrounds the largest, exposed, intrusive complex in the eastern Shebandowan greenstone belt, where most known gold occurrences have been described as occurring either within, or proximal to, intrusive rocks. Gold at Tower Mountain is localized within extremely altered rocks parallel to the western contact of the intrusive center. Drilling has established anomalous gold extending out from the intrusive contact for over 500 metres along a 1,500-metre strike length, to depths of over 500 metres from surface. The remaining 75 per cent of the perimeter surrounding the intrusion shows identical geology, alteration and geophysical response, offering a compelling exploration opportunity.

About Thunder Gold Corp.

Thunder Gold is a junior exploration company focused on gold discovery in Canada.

We seek Safe Harbor.