STOCK TITAN

Thunder Gold Engages Altitude Capital Consultants Inc. and ECM Capital Advisors Inc.

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Thunder Gold Corp (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) has announced the engagement of Altitude Capital Consultants Inc. and ECM Capital Advisors Inc. to develop their capital markets strategy. Michael A. Wekerle and Eugene C. McBurney, managing partners of the respective firms, bring extensive experience in capital markets and investment banking.

The company's focus is on their flagship Tower Mountain gold property in the Shebandowan Greenstone Belt, Ontario. The 2,500-hectare property is located near infrastructure and is believed to have significant discovery potential for large-scale gold deposits.

In conjunction with this announcement, Thunder Gold is issuing 3.85 million stock options to its Management and Directors, with an exercise price of $0.025 and a 5-year expiry.

Thunder Gold Corp (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) ha annunciato l'impegno di Altitude Capital Consultants Inc. e ECM Capital Advisors Inc. per sviluppare la loro strategia di mercati dei capitali. Michael A. Wekerle ed Eugene C. McBurney, soci direttori delle rispettive aziende, portano un'ampia esperienza nei mercati finanziari e nella banca d'investimento.

Il focus dell'azienda è sulla loro proprietà d'oro di punta Tower Mountain nel Shebandowan Greenstone Belt, Ontario. La proprietà di 2.500 ettari si trova vicino alle infrastrutture ed è ritenuta avere un significativo potenziale di scoperta per depositi d'oro su larga scala.

In concomitanza con questo annuncio, Thunder Gold sta emettendo 3,85 milioni di stock option per il suo Management e Direttori, con un prezzo di esercizio di $0.025 e una scadenza di 5 anni.

Thunder Gold Corp (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) ha anunciado el compromiso de Altitude Capital Consultants Inc. y ECM Capital Advisors Inc. para desarrollar su estrategia de mercados de capital. Michael A. Wekerle y Eugene C. McBurney, socios gerentes de las respectivas firmas, aportan una amplia experiencia en mercados de capital e inversión bancaria.

El enfoque de la empresa está en su propiedad insignia de oro Tower Mountain en el Shebandowan Greenstone Belt, Ontario. La propiedad de 2,500 hectáreas se encuentra cerca de infraestructuras y se cree que tiene un potencial significativo de descubrimiento para depósitos de oro a gran escala.

Junto con este anuncio, Thunder Gold está emitiendo 3,85 millones de opciones sobre acciones para su Management y Directores, con un precio de ejercicio de $0.025 y una expiración de 5 años.

Thunder Gold Corp (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF)는 Altitude Capital Consultants Inc.와 ECM Capital Advisors Inc.를 참여시켜 자본 시장 전략을 개발한다고 발표했습니다. 각 회사의 관리 파트너인 Michael A. Wekerle와 Eugene C. McBurney는 자본 시장 및 투자 은행 분야에서 풍부한 경험을 가지고 있습니다.

회사의 초점은 온타리오에 위치한 주요 금 자산인 타워 마운틴입니다. 2,500 헥타르의 이 자산은 인프라 근처에 위치하고 있으며 대규모 금 매장지가 발견될 잠재력이 상당하다고 알려져 있습니다.

이 발표와 함께 Thunder Gold는 350만 주식 매입 선택권을 경영진 및 이사들에게 부여하고 있으며, 행사 가격은 $0.025이고 만기는 5년입니다.

Thunder Gold Corp (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) a annoncé le partenariat avec Altitude Capital Consultants Inc. et ECM Capital Advisors Inc. pour développer sa stratégie de marchés des capitaux. Michael A. Wekerle et Eugene C. McBurney, partenaires gérants des sociétés respectives, apportent une vaste expérience dans les marchés des capitaux et la banque d'investissement.

Le point focal de l'entreprise est sa propriété phare d'or Tower Mountain dans la Ceinture de Greenstone de Shebandowan, Ontario. La propriété de 2 500 hectares est située près des infrastructures et il est cru avoir un potentiel de découverte significatif pour des dépôts d'or à grande échelle.

En liaison avec cette annonce, Thunder Gold émet 3,85 millions d'options d'achat d'actions à sa direction et à ses administrateurs, avec un prix d'exercice de 0,025 $ et une expiration de 5 ans.

Thunder Gold Corp (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) hat die Zusammenarbeit mit Altitude Capital Consultants Inc. und ECM Capital Advisors Inc. bekannt gegeben, um ihre Kapitalmarktstrategie zu entwickeln. Michael A. Wekerle und Eugene C. McBurney, geschäftsführende Partner der jeweiligen Firmen, bringen umfangreiche Erfahrungen in den Kapitalmärkten und im Investment Banking mit.

Fokus des Unternehmens liegt auf ihrem Flaggschiff-Goldprojekt Tower Mountain im Shebandowan Greenstone Belt, Ontario. Das 2.500 Hektar große Grundstück befindet sich in der Nähe von Infrastrukturen und wird für sein erhebliches Entdeckungspotenzial für großflächige Goldvorkommen gehalten.

Im Zusammenhang mit dieser Ankündigung emittiert Thunder Gold 3,85 Millionen Aktienoptionen an seine Geschäftsführung und Direktoren, mit einem Ausübungspreis von $0.025 und einer Laufzeit von 5 Jahren.

Positive
  • Engagement of experienced capital market advisors to develop strategy
  • Strategic location of Tower Mountain gold property near infrastructure
  • Potential for large-scale gold deposits in a rising gold price environment
Negative
  • Issuance of 3.85 million stock options may lead to potential dilution for existing shareholders

Thunder Bay, Ontario--(Newsfile Corp. - August 12, 2024) - Thunder Gold Corp (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) (formerly White Metal Resources Corp) ("Thunder Gold" or the "Company") is pleased to announce their engagement of Altitude Capital Consultants Inc. ("Altitude") working in conjunction with ECM Capital Advisors Inc. ("ECM"). Michael A. Wekerle is the Managing Partner of Altitude and Eugene C. McBurney is the Managing Partner of ECM.

Wes Hanson, President and CEO stated, "We are extremely pleased to have engaged Altitude Capital and ECM, as we develop our capital markets strategy. Messrs. Wekerle and McBurney, offer unparalleled experience in capital markets and have an enviable track record of success, both as advisors and investors. This engagement allows us to benefit from their knowledge and experience. Their mandate is to offer business advice to the Company as we focus our efforts on our flagship gold property, Tower Mountain, in the Shebandowan Greenstone Belt, less than 50 km. west of Thunder Bay, Ontario."

Michael Wekerle notes, "Gene and I are excited and optimistic to be collaborating in providing capital market advisory services to Thunder Gold. The timing is perfect as we believe we are at the start of a multi-year boom for the junior mining cycle. Thunder Gold's 100%-owned Tower Mountain gold property, totalling 2,500 hectares, in the eastern Shebandowan greenstone belt, is beside power, rail and the Trans-Canada highway, and just outside of the international port city of Thunder Bay. We believe the district offers excellent discovery potential for large scale gold deposits and that Tower Mountain shows tremendous potential in a rising gold price environment."

Mr. McBurney, B.A., M.A., LL.B., LL.D., brings over 25 years of international investment banking experience, establishing him as a trusted advisor, especially in the global mining sector. McBurney has a notable history of leading landmark transactions in natural resources, demonstrating his capability to deliver strategic outcomes for his clients. Additionally, Gene has extensive investment banking experience throughout the Caribbean and Latin America, with a special emphasis on Colombia.

Mr. Wekerle has had a very successful career in capital markets. Early in his career he joined First Marathon and quickly rose up to become the head trader for the firm, where he was a key player in Roger's takeover of McLean Hunter in 1994. He then joined GMP (Griffiths McBurney and Partners) as Vice Chairman of trading, where he was involved with the 1997 initial public offering of Research in Motion (RIM). In 2012, he formed his own firm, Difference Capital where he invested in companies such as Thunderbird Films, Vision Critical, Appinions and HootSuite. Mr. Wekerle is well known for the 4 seasons (seasons 9 through 12) that he was an investor on the Canadian television show, Dragon's Den.

In accordance with the Company's stock option plan the Company is issuing 3.85 million options with an exercise price of $0.025 and a 5-year expiry to the Company's Management and Directors.

Qualified Person

Technical information in this news release has been reviewed and approved by Wes Hanson, P.Geo., President and CEO of Thunder Gold Corp., who is a Qualified Person under the definitions established by NI 43-101.

About the Tower Mountain Gold Property

The 100%-owned Tower Mountain Gold Property is located adjacent to the Trans-Canada highway, approximately 50-km west of Thunder Bay, Ontario. The 2,500-hectare property surrounds the largest, exposed, intrusive complex in the eastern Shebandowan Greenstone Belt where most known gold occurrences have been described as occurring either within, or proximal to, intrusive rocks. Gold at Tower Mountain is localized within extremely altered rocks parallel to the western contact of the intrusive center. Drilling has established anomalous gold extending out from the intrusive contact for over 500 metres along a 1,500-metre strike length, to depths of over 500 metres from surface. The remaining 75% of the perimeter surrounding the intrusion shows identical geology, alteration, and geophysical response, offering a compelling exploration opportunity.

About Thunder Gold Corp.

Thunder Gold Corporation, formerly White Metal Resources. is a junior exploration company focused on gold discovery in Canada. For more information about the Company please visit: www.thundergoldcorp.com.

On behalf of the Board of Directors,

Wes Hanson, P.Geo., President and CEO

For further information contact:

Wes Hanson, CEO
(647) 202-7686
whanson@thundergoldcorp.com

NEITHER THE 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.

The information contained herein contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management's estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219551

FAQ

What is Thunder Gold Corp's stock symbol on the OTCQB?

Thunder Gold Corp's stock symbol on the OTCQB is TGOLF.

Who has Thunder Gold Corp (TGOLF) engaged for capital markets strategy?

Thunder Gold Corp has engaged Altitude Capital Consultants Inc. and ECM Capital Advisors Inc. for their capital markets strategy.

Where is Thunder Gold Corp's (TGOLF) flagship Tower Mountain property located?

The Tower Mountain gold property is located in the Shebandowan Greenstone Belt, less than 50 km west of Thunder Bay, Ontario.

How many stock options is Thunder Gold Corp (TGOLF) issuing and at what price?

Thunder Gold Corp is issuing 3.85 million stock options with an exercise price of $0.025 and a 5-year expiry.

THUNDER GOLD CORP

OTC:TGOLF

TGOLF Rankings

TGOLF Latest News

TGOLF Stock Data

7.37M
165.70M
18.97%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Thunder Bay