News Releases

December 8, 2024 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (The “Company”) announces that it has arranged a private placement of up to US$100,000 on the basis of an exchange rate of US$1.00 to CDN$1.40.

The non-brokered private placement involves the sale of up to 2,500,000 units at a price of US$0.04 (CDN$0.056) per unit.  Each unit will comprise one common share and one share purchase warrant. Each whole warrant entitles the holder to purchase a further common share at a price of US$0.08 (CDN$0.112) per share for a period of 60 months. The warrants will be subject to accelerated exercise provisions such that if the closing price of the Company’s common shares exceeds CDN$0.30 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants’ term to a period of 30 days following such notice.  Use of proceeds will be for general working capital as the company negotiates with potential joint venture partners.

The placement is subject to regulatory approval, including the approval of the TSX Venture Exchange. Finder’s fees may be payable in accordance with the policies of the TSX Venture Exchange.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company focused on the discovery of high value copper-gold porphyry, gold-silver epithermal, and VMS base-metal deposits on the main island of Viti Levu in Fiji.

Fiji has a long history of mining with over 75 years of activity at the prolific Vatukoula Gold Mine alongside several advanced development projects including Tuvatu (Lion One Metals), Indicated Resources of 1.00 Mt @ 8.48 g/t Au (274,600 oz), Inferred Resources of 1.33 Mt @ 9.0 g/t Au (384,000 oz) (Tuvatu-PEA-Update-NI-43-101) and Namosi (Newmont), Proven, Measured and Indicated Resources of 1.8Bt at 0.35% Cu and 0.11 g/t Au (6.4M oz Au and 6.3Mt Cu) (Newcrest Annual Mineral Resources Update, June 2022).

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 OTC under the symbol “THURF.”

For additional information, please contact:

Bryce Bradley, Chief Executive Officer

Email: This email address is being protected from spambots. You need JavaScript enabled to view it. 

P: 1-604-349-8119

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 statements. 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 in the event that management’s beliefs, estimates or opinions, or other factors, should change.

October 31, 2024 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (the “Company”) is pleased to provide the following corporate updates.

Mr. Bobby Dhaliwal has resigned as Chief Financial Officer of the Company effective October 31, 2024. The Company thanks Mr. Dhaliwal for his valuable contributions during his tenure with the Company and wishes him well in his future projects.

Mr. Wilson Michael, who held the role previously, has been appointed as the Company’s interim Chief Financial Officer to fill the vacancy left by Mr. Dhaliwal.

In addition, the Company also wishes to announce that it granted 1,850,000 stock options in accordance with its stock option plan to directors and consultants, with each option being exercisable into one common share at a price of 0.065 cents per share for a period of 10 years.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company focused on the discovery of high value copper-gold porphyry, gold-silver epithermal, and VMS base-metal deposits on the main island of Viti Levu in Fiji.

Fiji has a long history of mining with over 75 years of activity at the prolific Vatukoula Gold Mine alongside several advanced development projects including Tuvatu (Lion One Metals), Indicated Resources of 1.00 Mt @ 8.48 g/t Au (274,600 oz), Inferred Resources of 1.33 Mt @ 9.0 g/t Au (384,000 oz) (Tuvatu-PEA-Update-NI-43-101) and Namosi (Newmont), Proven, Measured and Indicated Resources of 1.8Bt at 0.35% Cu and 0.11 g/t Au (6.4M oz Au and 6.3Mt Cu) (Newcrest Annual Mineral Resources Update, June 2022).

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 TSX Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol "THURF."

For additional information, please contact:                      

Bryce Bradley, Chief Executive Officer
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
D: +1 604 349-8119
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 statements. 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 in the event that management’s beliefs, estimates or opinions, or other factors, should change.

July 9, 2024 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (the “Company”) announces, further to its press release dated May 12, 2024 and June 4, 2024, it completed its previously announced non-brokered private placement (the “Placement”).

“We are in discussions with several potential joint venture partners on our 100% owned and highly prospective suite of copper, zinc and precious metals assets in Fiji ”, reported Bryce Bradley, President/CEO, “These funds will keep our assets and corporate entity in good standing as we advance these negotiations while maintaining a tight share structure of only 32,261,946 shares outstanding.”

Thunderstruck’s portfolio includes the  Korokayiu and Nakoro zinc/copper VMS assets, the Liwa gold/silver epithermal prospect and the  Rama copper/gold porphyry.

A total of $321,000 was raised in the Placement over two tranches from the sale of 5,350,000 Units. On May 12, 2024, the Company completed an initial tranche of the Placement generating gross proceeds of $300,000 through the sale of 5,000,000 Units.  On June 5, 2024, gross proceeds of $21,000 were generated through the sale of 350,000 units at a price of $0.06 per unit (each a “Unit”). Each Unit comprises one common share and one share purchase warrant. Each whole warrant entitles the holder in the final tranche to purchase a further common share at a price of $0.10 per share until July 5, 2027. The warrants are subject to accelerated exercise provisions such that if the closing price of the Company’s common shares exceeds $0.20 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants’ term to a period of 30 days following such notice. All securities issued in the final tranche are subject to a hold period in Canada expiring on November 6, 2024. Finder’s fees of $1,470.00 were paid in connection with the final tranche of the Placement.

The Placement is subject to regulatory approval, including the approval of the TSX Venture Exchange.

The Company is also pleased to announce the results of its annual general meeting of shareholders held on June 21, 2024 (the "Meeting"). The Company’s shareholders voted in favour of each of the matters considered at the Meeting, including electing each of Bryce Bradley, Brien Lundin, Eric Roth and Linnea Von Hessert as directors of the Company to hold office for the ensuing year, appointing DeVisser Gray LLP as the Company's auditors for the ensuing year and authorizing the board of directors to set their remuneration and approving and ratifying the Company’s stock option plan.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company focused on the discovery of high value copper-gold porphyry, gold-silver epithermal, and VMS base-metal deposits on the main island of Viti Levu in Fiji.

Fiji has a long history of mining with over 75 years of activity at the prolific Vatukoula Gold Mine alongside several advanced development projects including Tuvatu (Lion One Metals), Indicated Resources of 1.00 Mt @ 8.48 g/t Au (274,600 oz), Inferred Resources of 1.33 Mt @ 9.0 g/t Au (384,000 oz) (Tuvatu-PEA-Update-NI-43-101) and Namosi (Newmont), Proven, Measured and Indicated Resources of 1.8Bt at 0.35% Cu and 0.11 g/t Au (6.4M oz Au and 6.3Mt Cu) (Newcrest Annual Mineral Resources Update, June 2022).

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 TSX Venture  Exchange  (TSX-V)  under the symbol "AW E" and United States OTC under the symbol "THURF."

For additional information, please contact:
Bryce Bradley, Chief Executive Officer
Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.
D: +1 604 349-8119
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 statements. 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 in the event that management’s beliefs, estimates or opinions, or other factors, should change.

June 4, 2024 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (The “Company”) announces, further to its press release dated May 12, 2024, it has received the consent of the TSX Venture Exchange to further extend the time for completion of the remaining tranches of its previously announced non-brokered private placement (the “Placement”) until July 5, 2024.

As announced by the Company on April 12, 2024, the Company proposed to raise up to $1,000,000 through the sale of up to 16,666,666 units at a price of $0.06 per unit (each a “Unit”). Each Unit comprises one common share and 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 $0.20 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants’ term to a period of 30 days following such notice.

On May 12, 2024, the Company completed an initial tranche of the Placement generating gross proceeds of $300,000 through the sale of 5,000,000 Units. The Company also clarifies that all Units issued in the initial tranche included warrants exercisable at a price of $0.10 per share, and not $0.20 per share.

Proceeds of the Placement will be used to advance the Company's Rama-Senikura Copper/Gold Prospect in Fiji and general working capital. The Placement is subject to regulatory approval, including the approval of the TSX Venture Exchange

The Company will provide additional updates on the remaining tranches of the Placement in due course.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company focused on the discovery of high value copper-gold porphyry, gold-silver epithermal, and VMS base-metal deposits on the main island of Viti Levu in Fiji.

Fiji has a long history of mining with over 75 years of activity at the prolific Vatukoula Gold Mine alongside several advanced development projects including Tuvatu (Lion One Metals), Indicated Resources of 1.00 Mt @ 8.48 g/t Au (274,600 oz), Inferred Resources of 1.33 Mt @ 9.0 g/t Au (384,000 oz) (Tuvatu-PEA-Update-NI-43-101) and Namosi (Newmont), Proven, Measured and Indicated Resources of 1.8Bt at 0.35% Cu and 0.11 g/t Au (6.4M oz Au and 6.3Mt Cu) (Newcrest Annual Mineral Resources Update, June 2022).

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 TSX Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol "THURF.".”

For additional information, please contact:                      

Bryce Bradley, Chief Executive Officer

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

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 statements. 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 in the event that management’s beliefs, estimates or opinions, or other factors, should change.

May 12, 2024 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (The “Company”) announces, further to its press release dated April 9, 2024, it has closed an initial tranche of its previously announced non-brokered private placement (the “Placement”).

Gross proceeds of $300,000 were raised through the sale of 5,000,000 units at a price of $0.06 per unit (each a “Unit”). Each Unit comprised one common share and one share purchase warrant. Each whole warrant entitles the holder to purchase a further common share at a price of $0.20 per share until May 10, 2027. The warrants are subject to accelerated exercise provisions such that if the closing price of the Company’s common shares exceeds $0.20 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants’ term to a period of 30 days following such notice.

Finder’s fees of $4,746.00 and 79,100 finder’s warrants, issuable on the same terms as the unit warrants, were paid in connection with the initial tranche of the Placement.

All securities issued in the first tranche are subject to a hold period in Canada expiring on September 11, 2024. Additional restrictions may apply pursuant to Rule 144 of the Securities Act of 1933, as amended, to U.S. investors.

Proceeds of the Placement will be used to advance the Company's Rama-Senikura Copper/Gold Prospect in Fiji and general working capital. The Placement is subject to regulatory approval, including the approval of the TSX Venture Exchange

Insiders participated in the Placement acquiring an aggregate of 1,673,000 units on the same basis as other subscribers. The participation in the Placement by insiders of the Company constitutes a "related party transaction" as such term is defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation and minority approval requirements under MI 61-101. The Company relied on Section 5.5(a) of MI 61-101 for an exemption from the formal valuation requirement and Section 5.7(1)(a) of MI 61-101 for an exemption from the minority shareholder approval requirement of MI 61-101 as the fair market value of the Placement in so far as the Placement involved interested parties did not exceed 25% of the Company's market capitalization.

The Company will provide additional updates on the remaining tranches of the Placement in due course. The Company will extend the time for completion of the remaining tranches of the Placement, subject to the approval of the TSX Venture Exchange, for an additional 30 days.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company focused on the discovery of high value copper-gold porphyry, gold-silver epithermal, and VMS base-metal deposits on the main island of Viti Levu in Fiji.

Fiji has a long history of mining with over 75 years of activity at the prolific Vatukoula Gold Mine alongside several advanced development projects including Tuvatu (Lion One Metals), Indicated Resources of 1.00 Mt @ 8.48 g/t Au (274,600 oz), Inferred Resources of 1.33 Mt @ 9.0 g/t Au (384,000 oz) (Tuvatu-PEA-Update-NI-43-101) and Namosi (Newmont), Proven, Measured and Indicated Resources of 1.8Bt at 0.35% Cu and 0.11 g/t Au (6.4M oz Au and 6.3Mt Cu) (Newcrest Annual Mineral Resources Update, June 2022).

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 TSX Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol "THURF.".”

For additional information, please contact:
Bryce Bradley, Chief Executive Officer
P: 604 349-8119
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
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 statements. 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 in the event that management’s beliefs, estimates or opinions, or other factors, should change.