Thunder Mountain Gold Raises US$2.5 Million in Private Placement
Reuters
Nov 05, 2025
<a href="https://laohu8.com/S/THMG">Thunder Mountain Gold</a> Raises US$2.5 Million in Private Placement
Thunder Mountain Gold Inc. has closed a non-brokered private placement, raising gross proceeds of US$2.5 million. The financing involved the sale of 10 million units at US$0.25 per unit, with each unit comprising one common share and one-half of a common share purchase warrant. Each whole warrant allows the holder to purchase an additional share at US$0.40 until October 24, 2027. The private placement was made to accredited investors and the securities are subject to a four-month hold period, expiring February 24, 2026. Proceeds from the placement will be used to advance technical work at the company's South Mountain project and for general working capital purposes. The securities have not been registered under the U.S. Securities Act and may not be offered or sold in the United States without an exemption. Final acceptance of the placement is subject to approval by the TSX Venture Exchange.
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