Domo signs strategic collaboration agreement with AWS for AI solutions
BOISE, ID – Thunder Mountain Gold Inc. has concluded a private placement offering, securing $1.2 million in funding, according to a recent 8-K filing with the Securities and Exchange Commission. The Idaho-based metal mining company, which operates under the SIC code 1000 for Metal Mining, announced the completion of the offering on Monday.
The private placement, which began on April 23, 2025, involved the sale of 10 million units at a minimum individual subscription of $5,000 for non-insiders. Each unit consisted of one share of common stock and a warrant to purchase an additional half share of common stock at an exercise price of $0.18 per share, valid for two years following the close of the offering. Participation was limited to eight accredited investors, and no placement agent fees or expense allowances were paid in connection with the offering.
Thunder Mountain Gold filed the final Form 4B with the Toronto Stock Exchange - Venture Exchange on May 26, 2025, following the closing of the financing on May 25, 2025. The securities offered in this private placement have not been registered under the Securities Act of 1933 or any state securities laws. They were sold under an exemption which allows transactions by an issuer not involving any public offering, as stated in Section 4(6) of the Securities Act of 1933.
The company’s recent filing also incorporates by reference the details of the unregistered sales of equity securities. Thunder Mountain Gold, represented by President, Director, and Chief Executive Officer Eric T. Jones, confirmed the authorization of the report on May 30, 2025.
This strategic financial move comes as Thunder Mountain Gold continues to focus on its mining operations, with the fresh capital expected to contribute towards the company’s growth and development projects. The information disclosed in the 8-K filing is based on a press release statement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.