Thunderstruck Resources Announces $620,500 Private Placement for Fiji Exploration

Thunderstruck Resources ( (TSE:AWE) ) just unveiled an announcement.

Thunderstruck Resources Ltd. has announced a non-brokered private placement of 8,500,000 common shares at $0.073 per share, aiming to raise $620,500. The proceeds will fund exploration programs for its Fiji properties and general working capital, pending regulatory approval. This move is expected to bolster the company’s exploration efforts and strengthen its position in the mineral exploration industry.

More about Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company focused on discovering high-value copper-gold porphyry, gold-silver epithermal, and VMS base-metal deposits on Viti Levu, Fiji. The company offers investors a diverse portfolio of exploration stage projects with potential for zinc, copper, gold, and silver in a politically stable jurisdiction.

YTD Price Performance: -10.0%

Average Trading Volume: 19,638

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.54M

For an in-depth examination of AWE stock, go to TipRanks’ Stock Analysis page.