Thunderstruck announces adoption of quarterly exemption under Coordinated Blanket Order 51-993, clarifies size of private placement
THUNDERSTRUCK RESOURCES LTD.
www.thunderstruck.ca TSX-V: AWE OTC: THURF
TSXV: AWE
OTC: THURF
Thunderstruck announces adoption of quarterly exemption under
Coordinated Blanket Order 51-993, clarifies size of private
placement
April 16, 2026 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (the “Company”)
announces its electon to rely upon Coordinated Blanket Order 51-933 - Exemptions to Permit Semi-Annual
Reporting for Certain Venture Issuers (the "Blanket Order") 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 & 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 September 30, 2026. The Company will continue to file audited annual
financial statements and MD&A (due within 120 days of December 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. (“Zhaojin”), a
Shenzhen Stock Exchange -listed gold mining company, (see press release dated March 31, 2026), the
Company clarifies that its private placement of shares at a price of $0.11 per share will comprise an
aggregate of 14,532,134 shares generating aggregate proceeds of $1,598,534.74 (the “Offering”), of which
Zhaojin will acquire 14,207,134 shares, representing 19.99% 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 fund the Company's
2026 exploration programs on its mineral prospects in Fiji, as well as for general working capital purposes.
No finder's fees are payable in connection with the Offering.
THUNDERSTRUCK RESOURCES LTD.
www.thunderstruck.ca TSXV: AWE; OTC: THURF
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
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 90 years of activity at the prolific Vatukoula Gold Mine
alongside several other advanced development project s 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: [email protected]
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 looki ng 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.