Thunderstruck Closes $250,450 Private Placement

Thunderstruck Resources (TSXV:AWE) announced the closing of a $250,450 private placement consisting of 2,504,500 units at a price of $0.10 per unit.

The non-brokered private placement involves the sale of up to 2,504,500 units at a price of $0.10 per unit for aggregate gross proceeds of $250,450. Each unit comprised one common share and one half of one share purchase warrant, each whole warrant entitling the holder to purchase a further common share at a price of $0.15 per share until November 24, 2016.

Proceeds of the placement will be applied to exploration programs for the Company’s Fiji properties and general working capital. The securities issued placement are subject to a hold period in Canada expiring on March 25, 2015. Additional restrictions may apply pursuant to Rule 144 of the Securities Act of 1933, as amended, to U.S. investors. A fee of $1,750 was paid to a finder.

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