Contact: (208) 658-1037

News & Media

THUNDER MOUNTAIN GOLD ANNOUNCES COMPLETION OF NON-BROKERED PRIVATE PLACEMENT

Vancouver, British Columbia and Boise, Idaho — November 8, 2011 – Thunder Mountain Gold, Inc. (the “Company”) (TSX-V: THM; OTCQB: THMG), is pleased to announce that it has completed its previously announced non-brokered private placement of 1,200,000 units (each a “Unit”) at a price of CAD$0.17 per Unit for aggregate gross proceeds of CAD$204,000 (the “Private Placement”). Each Unit is comprised of one share of common stock and one common stock purchase warrant (each a “Warrant”) entitling the holder to purchase one additional share of common stock of the Company for a period of two years following the closing of the Private Placement at a price of CAD$0.20 per share. The Warrants are subject to an accelerated exercise period in the event that the Company’s shares trade at a price of greater than CAD$0.25 per share for 20 consecutive trading days at any time during the period following six months after the closing of the Private Placement. T

Neither the Units, the shares of common stock, the Warrants, the Finders’ Warrants or the shares of common stock issuable upon exercise of the Warrants and the Finders’ Warrants have been registered under the United States Securities Act of 1993, as amended. Accordingly, such securities may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

This press release shall not constitute an offer to sell or a solicitation of any offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Thunder Mountain Gold, Inc.:

Thunder Mountain Gold, founded in 1935, holds a 100% interest in several U.S. gold projects. The Company’s principal assets are The South Mountain Project — a historic former producer of polymetallic ore located in southern Idaho, just north of the Nevada border, and their Trout Creek Project — a grass roots gold target in the Eureka-Battle Mountain trend of central Nevada, currently under Joint Exploration Agreement with Newmont Gold.

Cautionary Note to Investors
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The website of Thunder Mountain Gold Inc. is: www.thundermountaingold.com.

For further information, please contact:
Eric Jones Jim Collord
Chief Financial Officer President and Chief Executive Officer
eric@thundermountaingold.com jim@thundermountaingold.com
Tel: (208) 658-1037 Tel: (208) 658-1037

 
Posted by tmgadmin at 11/8/2011 7:25:00 PM
Permalink | Trackback
Share |

Contact Us

We welcome inquiries from investors, analysts, and others interested in learning more about our company. Please fill in the contact form with your details and how we can help you, and we'll respond promptly.

*Note: All fields marked with an asterisk (*) are required.