Thunderstruck Resources (TSE:AWE) has released an update.
Thunderstruck Resources Ltd. has successfully completed the initial tranche of its private placement, raising $300,000 by selling 5 million units at $0.06 each, which includes a common share and a purchase warrant. The proceeds will be used to further develop the company’s Copper/Gold Prospect in Fiji as well as for general working capital. Notably, insiders bought a significant portion of the units, with the company utilizing specific exemptions for related party transactions.
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