Capital Financing
Thunder Gold announces non-brokered flow-through private placement of up to approximately C$5,000,000
Amount raised
Up to approximately C$5,000,000
Issue price
C$0.13 per FT Share
Securities issued
Up to 38,461,539 FT Shares
Settlement or listing date
On or about November 13, 2026
Expected closing date
Summary
Thunder Gold Corp. has announced a non-brokered private placement for aggregate gross proceeds of up to approximately C$5,000,000. The Company may issue up to 38,461,539 common shares qualifying as flow-through shares at a price of C$0.13 per FT Share. The Company states the proceeds will be used to incur Canadian exploration expenses on its 100%-owned Tower Mountain Gold Property in Ontario, Canada. The Company expects the Offering to close on or about November 13, 2026, subject to TSX Venture Exchange approval.
Offer terms
| Term | Detail |
|---|---|
| Instrument | Common shares qualifying as flow-through shares under subsection 66(15) of the Income Tax Act (Canada) |
| Price | C$0.13 per FT Share |
| Shareholder approval | Not stated in the announcement; the Offering remains subject to the approval of the TSX Venture Exchange |
Use of proceeds
- Gross proceeds to be used to incur exploration expenses that qualify as Canadian exploration expenses under subsection 66.1(6) of the Tax Act and flow-through mining expenditures under subsection 127(9) of the Tax Act
- Expenditures to be incurred on the Company’s 100%-owned Tower Mountain Gold Property, located in Ontario, Canada
- Qualifying Expenditures to be incurred on or before December 31, 2027, and renounced to subscribers with an effective date no later than December 31, 2026
Timetable
| On or about November 13, 2026 | Expected closing of the Offering, subject to TSX Venture Exchange approval |
|---|---|
| December 31, 2026 | Latest effective date for renouncing Qualifying Expenditures to subscribers |
| December 31, 2027 | Qualifying Expenditures to be incurred on or before this date |
Source: Thunder Gold announcement dated 4 November 2026. This page summarises information from the company's public announcement and is provided for general information only. It is not financial product advice, a recommendation or an offer, and it does not take into account any person's objectives, financial situation or needs. Figures and terms are taken from the announcement and may be incomplete or may have changed since publication. Refer to the original announcement for full details. Kamoa Capital has not independently verified the information.
