October 6, 2025 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (The “Company”) announces that it has closed its previously announced non-brokered private placement of 10,677,126 common shares at a price of $0.073 per share for aggregate gross proceeds of $779,430.20. No warrants were issued.
A cash finder’s fee of $46,765.81 was paid to YBHE Consultants Ltd., an arm’s length third party. All securities issued are subject to a hold period in Canada expiring on February 7, 2026.
The shares forming the placement were acquired by with two arm’s length parties subscribing for equal proportions of 5,338,563 shares each.
Asia Pacific Group Pte Ltd (APG) is a +US$1 billion multinational business group headquartered in Singapore with over 60 subsidiaries and affiliates. The group invests in four major sectors: Hospitality and Tourism, Real Estate Development and Building Materials, Health and Leisure, and Environmental Protection.
A wholly owned subsidiary in China, Shanghai New Development Group, has developed a number of well-known real estate projects in China, both residential and commercial, including four high-end Marriott hotels and two companies listed on the Shanghai (SSE:603226)(Market Cap. CNY13.73B/US$1.9B) and Singapore (SGX:596)(Market Cap. CNY68M/US$9.6M) Stock Exchanges.
Recently, it has started investing in international mining and technology companies.Equity investment in non-ferrous metals is one of the main directions of the group's future investment.
Bryce Bradley, Thunderstruck’s President and CEO, stated; “We’re delighted that Asia Pacific has recognized the exceptional potential of our Fijian exploration assets and are invested in advancing their development. As they channel their expertise into the mining sector, we’re confident their proven track record and business acumen will help unlock the full value of our mineral-rich portfolio.”
Proceeds of the placement will be applied to the Company’s Fiji exploration properties and general working capital. The placement is subject to regulatory approval, including the approval of the TSX Venture Exchange.
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 other advanced development projects and mines includingTuvatu (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:
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 thatmanagement’s beliefs, estimates or opinions, or other factors, should change.