Thunder Mountain Gold Inc.

05/07/2021 | Press release | Archived content

Completion of Acquisition or Disposition of Assets

Completion of Acquisition or Disposition of Assets

On May 04, 2021, the Company sold 2,000,000 of the 10,000,000 common shares held in BeMetals Corp., for a total of CAD$800,000 ( US$556,820), less brokerage fees. The shares of common stock were sold in an arranged transaction through the Toronto Stock Exchange - Venture Exchange at a price of CAD$0.40 (US$0.278). This sale meets all the requirements under the terms of the BeMetals Option Agreement. The Disposition was unanimously approved by the Company`s Board, and the sale was made on the Toronto Stock Exchange-Venture Exchange pursuant to the exemption provided in rule 904.