---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-000533"
form_type: "8-K"
ticker: "THMG"
cik: "0000711034"
company_name: "THUNDER MOUNTAIN GOLD INC"
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T19:04:57.998817+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# THMG terminates BeMetals option agreement for South Mountain Project

## Summary
- Termination effective Dec. 29, 2022; option originally signed Feb. 28, 2019.
- BeMetals invested $8.5M and issued 10M BMET shares to THMG under the agreement.
- THMG regains full control of South Mountain high-grade Zn-Ag-Au-Cu project in Idaho.
- Company plans to raise capital via equity or strategic partnership to advance project.

## SEC filing metadata
- accession: 0001062993-23-000533
- form_type: 8-K
- ticker: THMG
- cik: 0000711034
- company_name: THUNDER MOUNTAIN GOLD INC
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711034/000106299323000533/0001062993-23-000533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711034/000106299323000533/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-000533
- JSON: https://secwatch.observer/filing/0001062993-23-000533.json
- Plain text: https://secwatch.observer/filing/0001062993-23-000533.txt

## Key facts
- Material Agreements
  THUNDER MOUNTAIN GOLD INC terminated BeMetals Option Agreement with BeMetals Corporation and BeMetals USA Corporation (effective 2022-12-30).
  - Action: termination
  - Counterparty: BeMetals Corporation and BeMetals USA Corporation
  - Effective: 2022-12-30
  source text: Thunder Mountain Gold, Inc. by and through its subsidiaries Thunder Mountain Resources, Inc., a Nevada Corporation, and South Mountain Mines, Inc., an Idaho Corporation ("SMMI") (collectively the "Company", "THMG", or "We", "Our" or "Us") agreed to terminate an Option Agreement, (the " BeMetals Option Agreement ") with BeMetals Corporation, a British Columbia corporation, and BeMetals USA Corporation, a Delaware corporation (" BeMetals BMET ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/711034/000106299323000533/0001062993-23-000533-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.