October 16th, 2020, Vancouver, British Columbia – Great Thunder Gold Corp. (CSE: GTG, OTC: GTGFF, FSE: M4KQ-FF) is pleased to announce the closing of a non-brokered private placement of 160,000 units at a price of $0.65 per unit to raise gross proceeds of $104,000. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each full warrant entitles the holder to purchase an additional common share of the Company at a price of $0.85 per share until October 16, 2022.
All securities issued pursuant to this offering are subject to a four-month hold period and may not be traded until February 17, 2021, except as permitted by applicable securities legislation. The net proceeds of this financing will be used for general working capital purposes.
About Great Thunder Gold
Great Thunder Gold is a junior Canadian mining exploration company focused on exploration and development along the Detour Gold trend in Quebec. The Company is one of the largest mineral claim holders next to the leading Wallbridge Mining (post-completed merger with Balmoral Resources).
On Behalf of the Board of Directors,
GREAT THUNDER GOLD CORP.
President & CEO
Direct Line: (236) 513-4653