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  • Blue Thunder Mining (BLUE) has extended the closing of its non-brokered private placement of up to C$500,000
  • The placement is now expected to close on or about August 18, 2022
  • The offering comprises 33,333,333 units priced at $0.015 per unit
  • 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$0.01

Blue Thunder Mining (BLUE) has extended the closing of its previously announced non-brokered private placement of up to C$500,000.

The offering comprises 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 three years.

Warrants are subject to an acceleration clause.

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

The placement is now expected to close on or about August 18, 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$0.01.

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