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THM.V ·

Thunder Mountain GOLD, Inc. Completes Private Placement

Financings

THUNDER MOUNTAIN

GOLD INC.

11770 W. President Dr., Ste. F Telephone: (208) 658-1037

Boise, Idaho 83713

Website: www.thundermountaingold.com OTCBB: THMG

TSX-V: THM

News Release

THUNDER MOUNTAIN GOLD, INC. COMPLETES PRIVATE PLACEMENT

Boise, Idaho and Vancouver B.C. – April 27, 2018: Thunder Mountain Gold, Inc. (OTCBB: THMG; TSX-V:

THM), (Company) is pleased to announce that it has just completed a special non-brokered private placement.

The Company will receive net proceeds of $357,000 from the sale of 2,650,000 units. Each Unit consists of one

share of common stock, and one-half of a warrant exercisable at $0.20. No finder’s fees were paid.

Thunder Mountain Gold will utilize the net proceeds from this financing for working capital, mineral leases,

and administrative expenses.

The securities were offered and sold in connection with applicable exemptions under U.S. and Canadian

securities laws; and cannot be offered or sold in the United States absent registration with the Securities and

Exchange Commission or an applicable exemption from registration requirements.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor there any sale of

these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful.

Regarding Thunder Mountain Gold, Inc.

Thunder Mountain Gold Inc., a junior exploration company founded i n 1935, owns interests in base and

precious metals projects in the western U.S . The Company’s principal asset is The South Mountain Mine, an

historic former producer of gold, silver, zinc, lead, and copper located on private land in southern Idaho, just north of

the Nevada bo rder. The Company also has 100% of the Trout Creek Project – a grass roots gold target in the

Eureka-Battle Mountain trend of central Nevada. For more information on Thunder Mountain, please visit the

Company’s website at www.Thundermountaingold.com.

Forward-Looking Statements

This press release contains forward-looking statements that are based on the beliefs of management and reflect

the Company's current expectations. The forward-looking statements in this press release include statements

with respect to the terms and use of proceeds of the Private Placement, the ability of the Company to complete

the Private Placement and the impact of the Private Placement on the Company. Generally, forward-looking

statements can be identified by the use of forward-looking terminology such as “plans”, “expects”, “is

expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” or variations of

such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or

“will be taken”, “occur” or “be achieved” or the negative connotation thereof. The forward-looking statements

are based on certain assumptions, which could change materially in the future, including the assumption that the

Private Placement will be completed. By their nature, forward-looking information involves known and

unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be

materially different from any future results, performance or achievements expressed or implied by the forward-

looking information. Such factors include the risk of completion of the Private Placement and uncertainties

affecting the expected use of proceeds. There can be no assurance that forward-looking information will prove

to be accurate, as actual results and future events could differ materially from those anticipated in such

statements. Accordingly, investors should not place undue reliance on forward-looking information. Forward-

looking information is provided as of the date of this press release, and the Company assumes no obligation to

update or revise them to reflect new events or circumstances, except as required in accordance with applicable

laws.

Cautionary Note to Investors

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Thunder Mountain Gold, Inc.

Eric Jones Jim Collord

President and Chief Executive Officer Chief Operating Officer

[email protected] [email protected]

Tel: (208) 658-1037 Tel: (208) 658-1037