other material
confidence high
sentiment positive
materiality 0.60
Thunder Mountain Gold closes US$5.66M private placement of 8.09M units
THUNDER MOUNTAIN GOLD INC
- Closed private placement of 8,090,451 units at US$0.70/unit for gross proceeds of US$5,663,316.
- Each unit has one common share plus half warrant; each whole warrant buys one share at US$1.00 for 24 months.
- Proceeds will fund South Mountain Project drilling, assaying, geophysical surveys, and general administration.
- Paid US$66,563 cash finder fee and issued 94,089 finder warrants to four Canadian brokers.
- Private placement under Regulation S; securities restricted, four-month hold for Canadian subscribers.