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Great Thunder Gold arranges private placement for Fenelon

Nov 23, 2020


Great Thunder Gold Corp. has announced a private placement financing of 619,048 shares at a price of $1.05 per share with no warrant attached for aggregate gross proceeds of $650,000.

The proceeds from the offering will be used to fund exploration of the Company's properties in the Fenelon Gold Camp of Quebec.

The shares will be subject to a hold period of four months following the closing date, except as permitted by applicable securities legislation and the Canadian Securities Exchange. The Company will pay a cash finder's fees of 6% of the gross proceeds from the offering.

About Great Thunder Gold

Great Thunder Gold is a junior Canadian mining exploration company focused on exploration and development along the Detour Gold trend in Quebec. The Company is one of the largest mineral claim holders next to the leading Wallbridge Mining.



Tags: Quebec / Exploration / Gold / All Articles