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  • Blue Thunder Mining (BLUE) has announced a non-brokered private placement for gross proceeds of up to $500,000
  • The company will issue up to 33,333,333 units priced at $0.015 per unit
  • Proceeds will be used for general working capital purposes and project expenditures
  • Blue Thunder is a gold exploration company that controls 100 per cent of a large land position near Chibougamau, Québec
  • Blue Thunder Mining Inc. (BLUE) opened trading at C$0.015

Blue Thunder Mining (BLUE) has announced a non-brokered private placement for gross proceeds of up to $500,000.

The company will issue up to 33,333,333 units priced at $0.015 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable to purchase one additional share for a period of three years.

Warrants are subject to an acceleration clause.

Proceeds will be used for general working capital purposes and project expenditures.

The offering is expected to close on or about July 8, 2022, and is subject to the approval of the TSXV and other customary closing conditions.

Blue Thunder is a gold exploration company that controls 100 per cent of one of the largest land positions near the Chapais-Chibougamau gold district of Québec.

Blue Thunder Mining Inc. (BLUE) opened trading at C$0.015.

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