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Blue Thunder Mining (TSXV:BLUE) extends $500,000 private placement

Mining, The Market Online Deal Room
TSXV:BLUE
12 July 2022 08:45 (EST)

Source: Blue Thunder Mining.

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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