THUNDER ENERGIES CORP - TNRG STOCK NEWS

Thunder Energies (OTC: TNRG) has announced a strategic move to transfer its assets and shareholders to a fully reporting OTCQB company. This transfer is part of a larger strategy aimed at driving significant growth opportunities and ensuring shareholder value. The agreement allows Thunder Energies shareholders to receive new shares on a one-to-one basis, with the transaction expected to complete in early June 2024. The company will remain domiciled in Georgia and aims to qualify as an investment company, aligning with its growth and value creation goals. CEO Ricardo Haynes highlighted the transformative nature of the agreement and the commitment to transparency during the transition.

Thunder Energies Corp (OTC: TNRG) has applied for listing on OTCQB, enhancing its trading status from a pink sheet stock. The company corrected delinquent SEC filings for 2022 and 2021 with help from independent auditors. Management believes it meets OTCQB requirements, aiming to remove trading restrictions on TNRG's common stock and targeting accredited investors. A Regulation A offering is also planned to raise funds. President Ric Haynes stated this uplist represents a significant step toward increasing company value and improving its balance sheet.

Thunder Energies Corp (TNRG) announced a fair market value assessment of its mining property in Nevada, performed by geologist Lane A. Griffin. The report values the property at $33 million based on rock sample analyses. Seven samples indicate various levels of minerals, with notable ore grade mineralization found in Sample 4, showcasing 22% lead and nearly 20 oz/ton silver. The property includes vital water rights for mining operations. Thunder Energies is also in a joint venture with Fourth and One to develop the property further.

Thunder Energies Corp (OTC: TNRG) has entered into a significant partnership with the Las Vegas Aces of the WNBA. This collaboration aims to enhance community engagement and promote equality in women's sports. TNRG will have a strong marketing presence at Michelob Ultra Arena and engage fans through various activations. TNRG President Rick Haynes highlights the company's real estate and mining interests in Nevada, positioning this partnership as a step toward establishing TNRG as a leading business in Northern Nevada.

Thunder Energies Corp (OTC: TNRG) has filed delinquent SEC 10Q reports for 2022 and the 10K report for 2021, with audits performed by Paris Kreit & Chiu CPA. The company has updated its documentation with OTC Markets, which is essential for removing trading restrictions on TNRG stock. TNRG aims to restore its trading status and plans to list on OTCQB while filing a Regulation A offering. President Rick Haynes praised the team's efforts to achieve compliance, indicating this will enhance the company's financial standing and market value.

Thunder Energies Corp (OTC: TNRG) has engaged geologist Lane A. Griffin to evaluate mineral reserves at its Nevada mining property, focusing on gold and other valuable minerals. Initial assessments will include drone flyovers to identify prime mining locations. Thunder Energies recently entered into a joint venture with Fourth and One and aims to quantify reserves, with nearby properties showing proven gold reserves exceeding 138,000 ounces. Griffin's report suggests potential for substantial mineral reserves, although further exploration is required to confirm this.

Thunder Energies Corp (OTC: TNRG) has engaged Paris Kreit & Chiu CPA as independent auditors to achieve full SEC compliance. Lead auditor Stephen Kreit will oversee the audit, which is expected to resolve delinquent filings within 60 to 90 days. After the audit, the company aims to uplist to NASDAQ or OTC Q markets. President Ricardo Haynes emphasizes that the new management is focused on regulatory compliance to strengthen the company's public equity base. Kreit CPA believes in Thunder Energies' significant upside potential, reinforcing confidence in this new direction.