Thunderstruck Resources Arranges Private Placement

Thunderstruck Resources (TSXV:AWE) announced a private placement of $250,000.

As quoted in the press release:

Thunderstruck Resources Ltd. (“Thunderstruck”; TSX-V: AWE) announces that it has arranged a private placement of $250,000.

The non-brokered private placement involves the sale of up to 2,500,000 units at a price of $0.10 per unit for aggregate gross proceeds of $250,000. Each unit comprises one common share and one half of one share purchase warrant. Each whole warrant will entitle the holder to purchase of a further common share at a price of $0.15 per share for a period of two years from closing.

Finder’s fees may be payable on all or portion of the financing. Proceeds of the placement will be applied to exploration programs for the Company’s Fiji properties and general working capital. The completion of the placement is subject to regulatory approval, including the approval of the TSX Venture Exchange.

Click here to read the Thunderstruck Resources (TSXV:AWE) press release