Thunder Gold Upsizes Private Placement of Flow-Through Units to $2.15 Million
Thunder Gold Secures Exploration Funds as Maiden Resource Estimate Looms
On December 17, 2025, Thunder Gold Corp. announced an increase to its previously announced (December 12, 2025) non-brokered private placement. The financing has been upsized from C$2.0 million to C$2.15 million due to strong investor demand.
The offering consists of up to 28,666,667 flow-through units at a price of C$0.075 per unit. Each unit includes one flow-through common share and one common share purchase warrant. Each warrant allows the holder to purchase an additional common share at an exercise price of C$0.10 for 18 months.
The proceeds will be used to fund the ongoing exploration program at the company's 100%-owned Tower Mountain Gold Property in Ontario, with expenditures qualifying as "flow-through mining expenditures".
The news of upsizing the private placement is a routine but positive development. It follows strong Phase 3 drill results released on December 8 and precedes a highly anticipated maiden Mineral Resource Estimate (MRE) expected in January 2026.
Thunder Gold Corp. is a junior mineral exploration company focused on gold. Its flagship asset is the 100%-owned Tower Mountain Gold Property, a 2,500-hectare project located approximately 50 km west of Thunder Bay, Ontario. The property has excellent infrastructure, being adjacent to the Trans-Canada Highway. The geological thesis is centered on a large-scale, intrusion-related, bulk-tonnage gold system. The company's work has demonstrated gold mineralization on both the western and eastern perimeters of the Tower Mountain Intrusive Complex, suggesting significant size potential.