Novo Resources

Great Thunder Announces Interim Closing Of Private Placement

VICTORIA, BC / ACCESSWIRE / February 14, 2020 / Great Thunder Gold Corp. (TSXV:GTG) is pleased to report the interim closing of its previously announced non-brokered private placement. The Company has completed the non-flow-through portion of the financing and issued 3,000,000 shares at a price of $0.25 per share to raise $750,000 of non-flow-through proceeds. Great Thunder expects to issue the remaining 2,275,000 flow-through shares at a price of $0.44 per share by February 28.

Among the participants in the interim closing, with a $431,250 investment was Mr. Eric Sprott. Great Thunder welcomes Mr. Sprott and looks forward to working with him in the future.

The proceeds from the offering will be used for general working capital purposes. The shares are subject to a hold period and may not be traded until June 15, 2020, except as permitted by applicable securities legislation and the TSX Venture Exchange.

ON BEHALF OF THE BOARD

Signed "Richard Macey"

Richard Macey

President and Chief Executive Officer

Direct line: (604) 537-4174

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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TriStar Gold

TriStar Gold

TriStar Gold is an exploration and development company focused on precious metals properties in the Americas that have the potential to become significant producing mines. The Company's current flagship property is the Castelo de Sonhos in Pará State, Brazil, which is host to a robust PEA outlining a small capex, high IRR production profile. Tristar and Royal Gold recently completed an $8 million financing package to advance Castelo de Sonhos through feasibility in 2020... LEARN MORE

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