VICTORIA, BC, February 22, 2017 – Great Thunder Gold Corp. (TSXV: GTG) reports that it is undertaking a non-brokered private placement financing of up to 10,000,000 units at a price of $0.035 per unit.
Each unit will consist of one common share and one share purchase warrant. Each warrant, in turn, will entitle the holder to purchase an additional common share at a price of $0.05 for a period of one year following the closing of the offering.
The proceeds from the offering will be used for exploration of the Company’s gold and lithium prospects, and general working capital purposes. The financing is subject to TSX Venture Exchange acceptance and is open to qualified investors. Great Thunder may pay cash financing fees of up to 10% of the subscription proceeds and up to 10% in the form of warrants exercisable at $0.05 for a period of one year.
ON BEHALF OF THE BOARD
Signed “Kevin C. Whelan”
Kevin C. Whelan, President
Direct line: (250) 474-6640