Thunder Mountain Gold closes US$ 5.66 million private placement at US$ 0.70 per unit
THMG•Private placement closes
Thunder Mountain Gold closed a non-brokered private placement of 8,090,451 units at US$ 0.7 per unit.
THMG•THMG•THMG•Thunder Mountain Gold closed a non-brokered private placement of 8,090,451 units at US$ 0.7 per unit.
Gross proceeds totaled US$ 5.66 million.
Each unit includes one common share and one-half warrant exercisable at US$ 1 for 24 months.
Proceeds are earmarked for the South Mountain Project, including drilling, assaying and geophysical surveys.
The company paid US$ 66,563 in cash finder’s fees and issued 94,089 finder warrants exercisable at US$ 1 for 24 months.
