Great Thunder Gold Corp.
TSX VENTURE : GTG

April 16, 2013 08:30 ET

Great Thunder Announces Private Placement

VICTORIA, BRITISH COLUMBIA--(Marketwired - April 16, 2013) - Great Thunder Gold Corp. (TSX VENTURE:GTG) is pleased to announce that it has negotiated, subject to regulatory acceptance, a non-brokered private placement of 4,000,000 units at a price of $0.05 per unit.

Each unit consists of one common share and one warrant. Each warrant, in turn, entitles the holder to purchase an additional common share at a price of $0.10 for a period of five years following the closing of the offering.

The proceeds from the private placement will be used for working capital. Great Thunder may pay cash finders' fees of up to 7% of the subscription proceeds and 7% in the form of brokers' warrants in respect of the offering.

ON BEHALF OF THE BOARD

Kevin C. Whelan, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Great Thunder Gold Corp.
    Kevin C. Whelan
    President
    (250) 474-6640