On December 20, 2023, Blue Thunder Mining Inc. closed the transaction. The company announced that it has issued 1,238,572 hard dollar common shares at an issue price of CAD 0.07 per share for the gross proceeds of CAD 86,700.04 and 6,050,000 flow-through shares at an issue price of CAD 0.075 for the gross proceeds of CAD 43,750; aggregate gross proceeds of CAD 540,450.04 in the second and final tranche. The HD Shares sold in the second tranche closing are subject to a four-month resale hold period which ends on April 20, 2024. The company paid CAD 14,175 in cash, 750,000 shares of the Company, and 939,000 finder's warrants to Red Cloud Securities Inc and CAD 7,927 in cash and 107,800 finder's warrants of the Company to Canaccord Genuity Corp, who acted as finders for the offering. 31,500 of the Finder's Warrants are exercisable to acquire one common share of the Company at a price of CAD 0.07 per share, and 76,300 of the Finder's Warrants are exercisable to acquire one common share of the Company at a price of CAD 0.075 per share on or before December 20, 2025. The FT Shares are subject to a four-month resale hold period which ends on April 20, 2024. The Company sold 13,581,428 HD Shares for aggregate gross proceeds of CAD 950,699.96 and 6,050,000 flow-through shares at an issue price of CAD 0.075 per FT Share for aggregate proceeds of CAD 453,750; aggregate gross proceeds of CAD 1,491,150 in the transaction. The transaction was oversubscribed.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 17 placees including existing insider involvement of 2 insiders for 3,982,383 shares and Finder's fee of CAD 22,102 for 750,000 shares and 1,046,800 warrants.