Thunderstruck closes $779,430 private placement

Executive Summary

• Thunderstruck Resources Ltd. closed a non‑brokered private placement of 10,677,126 common shares at C$0.073 per share, raising gross proceeds of $779,430.20.
• All securities are subject to a hold period expiring Feb 7 2026; no warrants were issued.
• Proceeds will be used to fund exploration activities on the company’s Fiji properties and for general working capital.

Key Details

• Placement Size: 10,677,126 common shares sold at C$0.073 per share.
• Gross Proceeds: $779,430.20 (CAD).
• Investor Structure: Two arm‑length parties each subscribed for 5,338,563 shares (50 % each).
• Fees Paid: Cash finder's fee of $46,765.81 paid to YBHE Consultants Ltd.
• Hold Period: Shares subject to a hold period in Canada until Feb 7 2026.
• Use of Proceeds: Funding exploration properties in Fiji and general working capital.
• Regulatory Conditions: Placement pending approval by the TSX Venture Exchange and other applicable regulators.
• No Warrants: The placement did not include any warrant issuances.

Notable Quotes

“We’re delighted that Asia Pacific has recognized the exceptional potential of our Fijian exploration assets and are invested in advancing their development…their proven track record and business acumen will help unlock the full value of our mineral‑rich portfolio.” – Bryce Bradley, President & CEO

Materiality Assessment: Material – Positive (significant financing that directly supports ongoing exploration activities).