Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

AWE.V ·

Thunderstruck Arranges Private Placement

Financings

THUNDERSTRUCK RESOURCES LTD.

www.thunderstruck.ca

TSXV: AWE

OTCQB: THURF

THUNDERSTRUCK ARRANGES PRIVATE PLACEMENT

December 17, 2019 – Vancouver, British Columbia – Thunderstruck Resources Ltd. ( “Thunderstruck”;

TSX-V: AWE, OTCQB: THURF) announces that it has arranged a private placement of up to $250,000.

The non-brokered private placement involves the sale of up to 5,000,000 units at a price of $0.05 per unit

for aggregate gross proceeds of $250,000. Each unit will comprise one common share and one half of

one share purchase warrant. Each whole warrant entitles the holder to purchase a further common share

at a price of $0.10 per share for a period of 36 months. The warrants are subject to accelerated exercise

provisions such that if the closing price of the Company’s common shares exceeds $0.25 per share for a

period of 20 consecutive trading days, the Company may give notice of the accelera tion of the warrants’

term to a period of 30 days following such notice.

“Thunderstruck has a robust exploration program planned for 2020.” stated Bryce Bradley,

Thunderstruck’s President/CEO . “We’ll begin drilling again early January on our Korokayiu

zinc/copper/gold/silver asset and have plans to advance our gold asset at Liwa Creek later in the season.”

Proceeds of the placement will be applied to exploration programs for the Company’s Fiji properties and

general working capital. The placement is subj ect to regulatory approval, including the approval of the

TSX Venture Exchange.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company that has assembled extensive and

highly prospective properties in Fiji on which recent and previous exploration has confirmed VMS, copper

and precious metals mineralization. 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 OTCQB under the symbol “THURF”.

For additional information, please contact:

Rob Christl, Investor Relations

Email: [email protected]

P: 778 840-7180

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 statement s. 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 i n the event that management’s beliefs,

estimates or opinions, or other factors, should change.