Vancouver, BC, November 25th, 2020 – Great Thunder Gold Corp. (CSE: GTG, OTC: GTGFF, FSE: M4KQ-FF) is pleased to announce that due to strong demand, it has expanded its previously announced non-brokered private placement from 619,048 flow-through shares at a price of $1.05 per share to 1,476,190 shares to raise gross proceeds of $1,550,000. The aggregate amount issued is over double the planned announced. The Company has now closed its offering.
Great Thunder will use the proceeds for Canadian mineral exploration expenses.
The Company has paid finders’ fees of $93,000. All securities issued pursuant to this offering have a hold period expiring March 26, 2021.
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.
On Behalf of the Board of Directors,
GREAT THUNDER GOLD CORP.
President & CEO
Direct Line: (236) 513-4653
This news release may contain certain “forward-looking statements”. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.