THUNDER GOLD CORP. ("TGOL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 26, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange ("Exchange") has accepted for filing documentation the Property Sale Agreement ("Agreement") dated June 8, 2023, between the Company and an arm's length party ("Vendor"). Pursuant to the terms of the Agreement, the Company has purchased a 100% interest in the mineral claims known as the Valgold Conmee Claims ("Property"). As consideration for the purchase, the Company has issued to the Vendor 4,000,000 common shares of the Company ("Shares") at a deemed price of $0.035 per Share. The Vendor will retain a 2% net smelter royalty return on the gross revenues of sales of all ores or minerals extracted or produced from the Property.
Insider / Pro Group Participation: None
Finders' Fees: None
This acquisition is considered an Arm's Length transaction.
For further information, please refer to the Company's news releases dated June 12, 2023, and June 22, 2023.
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