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Thunder Mountain Gold ( (TSE:THM) ) has shared an announcement.
On October 27, 2025, Thunder Mountain Gold completed a non-brokered private placement, raising US$2.5 million by issuing 10,000,000 units at US$0.25 per unit. The funds will support technical work and corporate growth plans for the South Mountain Project, including drilling, metallurgy, and resource planning. This financing underscores investor confidence in the company’s strategy and management, aiming to advance the South Mountain Project and reduce associated risks.
More about Thunder Mountain Gold
Thunder Mountain Gold Inc., established in 1935, is a junior exploration company with interests in base and precious metals projects in the western U.S. Its primary asset is the South Mountain Mine, a historic site rich in zinc, silver, gold, lead, and copper, located in Idaho. The company also owns the Trout Creek Project, a gold exploration site in Nevada.
Average Trading Volume: 61,002
Technical Sentiment Signal: Buy
Current Market Cap: C$47.43M
Find detailed analytics on THM stock on TipRanks’ Stock Analysis page.