Thunder Mountain Gold Announces Private Placement Financing

Thunder Mountain Gold Announces Private Placement Financing

Vancouver, British Columbia and Boise, Idaho--(Newsfile Corp. - July 8, 2026) - Thunder Mountain Gold, Inc. (TSXV: THM) (OTCQB: THMG) (the " Company " or " Thunder Mountain ") is pleased to announce that its board of directors has approved a non-brokered private placement, as described further below, for an aggregate value of up to approximately US$6.4 million in gross proceeds raised through the issuance of up to 9,143,000 units of the Company (each, a " Unit ") at a price of US$0.70 (CAD$1.00) (the " Private Placement "). Each Unit will consist of one share of the Company's common stock (each, a " Common Share ") and one-half common share purchase warrant (each whole warrant, a " Warrant "). Each Warrant will entitle the holder to purchase one additional Common Share (each, a " Warrant Share ") at a price of US$1.00 (CAD$1.42) for a period of 24 months from the date of issuance. Subject to regulatory approval, the Company may close the Private Placement in one or more tranches. The proceeds raised pursuant to the Private Placement will be used for advancing the South Mountain Project, including drilling, assaying, geophysical surveys, and general administration to carry out these programs. The completion of the Private Placement remains subject to the approval of the TSX Venture Exchange. The Units, the underlying Common Shares and Warrants, and the Warrant Shares issuable upon exercise of the Warrants, have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the " Securities Act "), or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Private Placement will be conducted (i) in the United States pursuant to Section 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D promulgated thereunder (the " U.S. Offering "), and (ii) outside the United States pursuant to Regulation S under the Securities...