On July 7, 2023, Thunderstruck Resources Ltd. closed the transaction. The company announced that it has issued 536,666 units at an issue price of CAD 0.15 per unit for gross proceeds of CAD 80.499.9 in the transaction. The company paid CAD 1,417.50 as Finders' fees and issued 9,450 finders' warrants in connection with the transaction. Each finder warrant entitles the holder to purchase a further common share at a price of CAD 0.20 per share for a period of 36 months. All securities issued in the first tranche are subject to a hold period in Canada expiring on November 8, 2023. The transaction included participation from insiders for 201,666 units.

The company announced that it has discontinued the financing. The Company is reviewing its financing options and will provide a further update in due course.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from three placees, 1 existing insider for 200,000 units and 1 pro group for 201,666 units.