Thunder Gold closes first tranche of non-brokered private placement Page 1

Thunder Bay, Ontario–(Newsfile Corp. – September 3, 2024) – Thunder Gold Corp (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) (formerly White Metal Resources Corp) (“Thunder Gold” or the “Company”) is pleased to announce that it has closed the first tranche of the non-brokered private placement previously announced on August 14, 2024 (the “Financing”). The Company issued 22,116,667 Units under the first tranche of the Financing at a price of $0.03 per Unit for total gross proceeds of approximately $663,500.

Each Unit consists of one common share of the Company and one common share purchase warrant (the “Warrant”) entitling the holder to purchase one additional common share of the Company at a price of $0.10 per Share for a period of 36 months from the date of issuance. Each Warrant is subject to an accelerated expiry at the option of the Company if the twenty (20) daily volume weighted average price of the Company’s common shares on the TSX Venture Exchange (the “TSXV”) is $0.20 or more for twenty (20) consecutive trading days.