Vancouver, British Columbia--(Newsfile Corp. - October 18, 2016) - Thunderstruck Resources Ltd. (TSXV: AWE) ("Thunderstruck") is pleased to announce that it has completed the acquisition of Aljen (Pacific) Limited ("Aljen"), the private Fijian company holding the portfolio of base metal and gold properties in Fiji that Thunderstruck had previously under option (the "Properties").

For terms of the acquisition, please see Thunderstruck's news release dated August 8, 2016.

"This news is very significant in that, after three years of working toward this achievement, we will now own 100% of all the licenses and applications held by Aljen to explore highly prospective zinc, copper and precious metal targets contained in nearly 4% of the main island of Fiji. Moreover, the Company has satisfied the multiple conditions required by the various Fijian authorities, including Investment Fiji, Mineral Resources Department and the Provincial Administration, necessary to the commencement of exploration." stated Bryce Bradley, President/CEO. "With the funds raised in our August financing, we have paid the Vendor in full and are poised to begin the initial phase of our exploration program on this pipeline of promising targets."

Exploration plans

Thunderstruck will be conducting mapping, geochemical and trenching programs on the Nakoro, Liwa Creek and Rama Creek areas to delineate drill targets. After completion of this program, initial drilling can be accomplished effectively and affordably with the man-portable Winkie drill owned by the Company.

Nakoro

A massive sulphide body was delineated by Anglo American drilling that contains grades of around 5%-12% zinc, with zones of high-grade copper at surface. Our upcoming surface exploration program will be focused on expanding the known zones of zinc and copper mineralization.

The gold potential of the property will also be assessed. In 2015 Thunderstruck exposed a small siliceous gold-bearing rock sample of 3.37 g/t Au north of the zinc mineralization.

Liwa Creek

This high priority area contains classic epithermal, high-grade gold veins, breccia bodies, and silicification zones. Little exploration has been done, other than regional sampling, minor trenching and grab sampling. Numerous rock samples over a nine square kilometre area range in grade from 5 g/t -30 g/t Au, with locally high silver.

Rama Creek

The Rama Creek prospect is a copper-gold porphyry 5.5 kilometres northwest of the Liwa Creek prospect. It is similar geologically to the neighboring giant Namosi porphyry copper-gold deposit. Only four wide-spaced holes were drilled by Anglo American, with the central hole DDH 1 intersecting stockwork porphyry mineralization over 244 m grading 0.22% Cu and 0.16 g/t Au, including 72 m @ 0.38% Cu and 0.29 g/t Au. High-grade silver assays were reported in rock samples from the periphery.

Our exploration program will focus on the surrounding area of 14 km² of anomalous gold values derived from stream sediment sampling during the early 1990's. Since there has been little subsequent exploration, this area is highly prospective for gold and silver, as such copper-gold porphyries typically have gold vein systems around them.

This news release has been reviewed and approved by Michael Page of Exploration Services Int'l, a Qualified Person as defined in NI 43-101.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mining exploration company with highly prospective VMS and Precious Metals projects in Fiji.  The Company provides investors with exposure to a diverse portfolio of assets rich in copper, zinc, silver and gold in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol "AWE".

For additional information, please contact:

Bryce Bradley, President, Chief Executive Officer and Director
Telephone: (604) 349-8119
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

or, visit our website: http://www.thunderstruck.ca

Neither the TSX Venture Exchange Inc. 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.

This news release contains certain statements that may be deemed "forward-looking statements". Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Specifically, there is no assurance the default alleged under the Option Agreement will be cured on the terms set out above or at all or that the Option Agreement will not be terminated). Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck's management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

August 29, 2016 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (“Thunderstruck”;TSX-V: AWE) is pleased to announce that co-founding director and shareholder Brien Lundin has accepted the position as Chairman of the Board.

CEO Bryce Bradley comments, “Brien has been a strong supporter of Thunderstruck and the prospectivity of our high grade zinc, gold and copper assets in Fiji.  As the President of the New Orleans Investment Conference, we’re honoured to have him serve as Chairman of the Board, and believe that his vast level of contacts in the mining exploration industry will assure us access to the highest quality of investors and potential JV partners.”

Thunderstruck also announces that, further to its press release dated August 8, 2016, it has closed its previously announced non-brokered private placement of Cdn$400,000 and has received the approval of the TSX Venture Exchange to complete the acquisition of 100% of Aljen (Pacific) Limited, the holder of the exploration licenses in Fiji.  It has also been given approval by the Reserve Bank of Fiji, for the Company’s proposed Share Sale Agreement.

The non-brokered private placement involved the sale of 8,000,000 units at a price of $0.05 per unit for aggregate gross proceeds of Cdn$400,000. Each unit comprised one common share and one half of one share purchase warrant, each whole warrant entitling the holder to purchase a further common share at a price of $0.10 per share until August 25, 2019. The warrants are subject to accelerated exercise provisions such that if the closing price of the Company’s common shares exceeds $0.20 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants’ term to a period of 30 days following such notice.

Subsequent to the signing of the Share Sale Agreement with Aljen Pacific on August 5th, 2016, CEO Bryce Bradley is currently in Fiji to facilitate the necessary approvals with the Fijian regulatory authorities, namely the Minister of Mineral Resources, Reserve Bank of Fiji, Mineral Resources Department (MRD) and Investment Fiji.  Discussions with MRD indicate that exploration licenses encompassing both the highly prospective Nakoro and Wainaleka prospects will be renewed until August 31, 2018.  It is anticipated that the fieldwork will commence in mid-late September.

Proceeds of the placement will be applied to acquisition costs and exploration programs for the Company’s Fijian properties and general working capital. The securities issued in the placement are subject to a hold period in Canada expiring on December 26, 2016. Additional restrictions may apply pursuant to Rule 144 of the Securities Act of 1933, as amended, to U.S. investors.

No finder’s fees were payable in connection with the private placement.

Two insiders of the Company subscribed for a total of 1,022,000 Units, for aggregate subscription proceeds of $51,100, each constituting a “related party transaction” as such term is defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101″). The Company is relying on the exemptions from the formal valuation and minority approval requirements under MI 61- 101. The Company is exempt from the formal valuation requirement of MI 61-101 in reliance on sections 5.5(a) and (b) of MI 61-101 as the fair market value of the transaction, insofar as it involves interested parties, is not more than the 25% of the Company’s market capitalization, and no securities of the Company are listed or quoted for trading on prescribed stock exchanges or stock markets. Additionally, the Company is exempt from minority shareholder approval relying on sections 5.7(1)(a) and (b) of MI 61-101 as, in addition to the foregoing, (i) neither the fair market value of the Units nor the consideration received in respect thereof from interested parties exceeds $2,500,000, (ii) the Company has one or more independent directors who are not employees of the Company, and (iii) all of the independent directors have approved. A material change report was not filed 21 days prior to the closing of the Offering as insider participation had not been established at that time.

Of the insiders noted above, Ms. Bryce Bradley acquired an aggregate 822,000 shares (the “Shares”) and 411,000 warrants (“Warrants”), which securities represent in the aggregate 3.91% of Thunderstruck’s issued and outstanding share capital.  Prior to this transaction Ms. Bradley owned or controlled 1,252,300 common shares of Thunderstruck, directly and indirectly, as well as warrants to acquire a further 268,500 common shares and options to acquire a further 250,000 common shares. Upon the completion of the placement and the option granted noted below, Ms. Bradley owns or controls an aggregate of 2,074,300 common shares of Thunderstruck, representing 6.67% of the issued and outstanding common shares of Thunderstruck, and warrants to acquire 679,500  common shares of Thunderstruck and options to acquire a further 650,000 common shares of Thunderstruck, representing approximately 10.49% of the issued and outstanding shares of Thunderstruck, on a partially diluted basis assuming the exercise of the convertible securities held by Ms. Bradley only. Ms. Bradley acquired these securities for investment purposes, thus depending on the economic or market conditions or matters relating to Thunderstruck, Ms. Bradley may choose to either acquire additional securities or dispose of securities of Thunderstruck.  The Company has granted 1,450,000 stock options having an exercise price of $.085 and a ten year term to certain of its directors, officers and consultants.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mining exploration company with highly prospective VMS and Precious Metals projects in Fiji.  The Company provides investors with exposure to a diverse portfolio of assets rich in copper, zinc, silver and gold in a politically safe and stable jurisdiction.  Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol “AWE”.

For additional information, please contact:

Bryce Bradley, President, Chief Executive Officer and Director
Telephone: (604) 349-8119
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

or, visit our website: http://www.thunderstruck.ca

Neither the TSX Venture Exchange Inc. 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.

This news release contains certain statements that may be deemed “forward-looking statements”.Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Specifically, there is no assurance the private placement will be closed on the terms set out above or at all or that) TSX Venture Exchange approval will be received. Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck’s management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

August 8, 2016 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (“Thunderstruck”;TSX-V: AWE) is pleased to announce that it has entered into an agreement to acquire the portfolio of base metal and gold properties in Fiji it had previously had under option.

“This purchase is significant in a number of ways,” stated Bryce Bradley, President and CEO. ”Anglo spent nearly $10 million (today’s dollars) drilling these assets in the late ’70s, and we have been able to acquire the properties for just about 2% of Anglo’s expenditures.”

“With clear title to the land, in what appears to be the beginnings of a bull market, Thunderstruck is poised to bring significant shareholder value in the coming months. Thunderstruck’s current market cap is only a fraction of the money already spent in the ground by Anglo. With strengthening commodity prices and an experienced team on the ground in Fiji, our future is very exciting,” noted Bradley.

Under a Share Sale Agreement dated August 5, 2016, with Aljen Holdings Pty Ltd. (a private Australian company) and Alan and Jenny Wolstencroft (the principals of Aljen Holdings Pty Ltd., and collectively, the “Vendors”) Thunderstruck will acquire Aljen (Pacific) Limited (“Aljen”), the private Fijian company holding the portfolio of properties (the “Properties”).

Pursuant to the Share Sale Agreement, Thunderstruck, through its wholly owned Fijian subsidiary, will acquire all of the issued and outstanding securities of Aljen for an aggregate of AUS$233,000 plus VAT payable in cash and the issuance of an aggregate of 1,800,000 common shares of Thunderstruck as follows:

1. AUS$158,000 plus VAT in cash and 450,000 common shares will be paid and issued on closing;
2. A further AUS$75,000 plus VAT and 350,000 common shares will be paid and issued within five business days of Thunderstruck receiving certain landowner approvals relating to their Wainaleka VMS asset, provided however that if such approvals are not obtained on or before August 5, 2018, this payment obligation will cease; and
3. 1,000,000 common shares are issuable in the event Thunderstruck or its successors either (i) identifies an indicated mineral resources (or better and as prepared in compliance with NI 43-101) containing a minimum of 250,000 ounces of gold or 3,000,000 tonnes of copper, zinc or silver on the Properties or (ii) completes a prefeasibility study on the Properties. As a result of Thunderstruck acquiring Aljen, the Share Sale Agreement will (i) supersede the Option Agreement dated July 11, 2014, under which Thunderstruck was to pay an aggregate of AUS$600,000 in cash, issue an aggregate of 1,500,000 in shares and incur AUS$1,500,000 on the Properties over a three-year period, and (ii) release Thunderstruck from certain obligations to parties other than Aljen. In conjunction with the transaction, Thunderstruck has arranged a concurrent non-brokered private placement to raise up to $400,000 through the sale of up to 8,000,000 units at a price of $0.05 per unit (the “Financing”). Each unit will comprise one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to purchase of a further common shares at a price of $0.10 per share for a period of 36 months from closing. The warrants will be subject to accelerated exercise provisions such that if the closing price of Thunderstruck’s common shares exceeds $0.20 per share for a period of 20 consecutive trading days, Thunderstruck may give notice of the acceleration of the warrants’ term to a period of 30 days following such notice.
4. The net proceeds of the Financing will be used to pay the Vendor for the acquisition, including a man-portable Winkie drill. The Company will also be conducting an exploration program this fall on its Nakoro and Rama Creek properties, details of which will be provided in subsequent news releases. The Financing is subject to the approval of the TSX Venture Exchange.  No finder’s fees will be payable on any portion of the Financing.
5. Completion of the transaction is subject to; (i) the approval of the TSX Venture Exchange (the “Exchange’), (ii) the approval of Investment Fiji and the Reserve Bank of Fiji, (iii) the renewal of the special prospecting licenses for a further 12-month term and (iv) the completion by Thunderstruck of a non-brokered private placement generating aggregate gross proceeds of at least $200,000, which conditions are to be satisfied or waived by Thunderstruck within two months of the date of the Share Sale Agreement. All shares to the Vendor will be subject to four-month resale restrictions in accordance with the Canadian securities legislation and the policies of the Exchange.
6. Brien Lundin, a co-founder and Director commented, “The suite of exploration properties acquired by Thunderstruck comprises nearly 4% of the main island of Fiji, and includes two high-grade, VMS zinc/copper targets (Nakoro/Wainaleka) already discovered in previous drilling by Anglo, one large copper/gold porphyry target (Rama Creek) and a promising gold target outlined by sampling (Liwa Creek). We have over 40 years of exploration and drilling data, including drill core, from these assets. All of these targets are finally open for exploration by Thunderstruck, as well as potential joint venture, and we are eager to begin work.”

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mining exploration company with highly prospective VMS and Precious Metals projects in Fiji.  The Company provides investors with exposure to a diverse portfolio of assets rich in copper, zinc, silver and gold in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol “AWE”.

For additional information, please contact:

Bryce Bradley, President, Chief Executive Officer and Director Telephone: (604) 349-8119 Email:This email address is being protected from spambots. You need JavaScript enabled to view it.

or, visit our website: http://www.thunderstruck.ca

Neither the TSX Venture Exchange Inc. 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.

This news release contains certain statements that may be deemed “forward-looking statements”.Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Specifically, there is no assurance the default alleged under the Option Agreement will be cured on the terms set out above or at all or that the Option Agreement will not be terminated). Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck’s management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

September 22, 2015 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (“Thunderstruck”; TSX-V: AWE) is pleased to provide shareholders with an update on their exploration program at its Nakoro project in Fiji.

Thunderstruck’s CEO and President, Bryce Bradley, commented: “The mineral exploration industry has been enduring an unrelenting bear market like never witnessed before. Many good companies have been forced to sell off assets, lie dormant or have blown up their share structure by raising capital at highly dilutive share prices, and many have gone completely under.

“Thunderstruck has thus far been fortunate, financing strategically and conservatively in order to maintain an impressively tight share structure with only 20.8m shares outstanding. Equally as impressive, our quality team on the ground has advanced one of our flagship assets, Nakoro, on a shoe-string budget. Over the summer a 2.5km access road was bulldozed to the site of previous drilling by Anglo American that returned mine-able widths of historic grades up to 12% zinc and 2% copper.

“Along the access road to Nakoro Village, outcropping zinc mineralization has been discovered, with samples being sent to Perth for analysis. Positive results from this sampling would significantly expand the size of our Nakoro zinc/copper target. The team is currently conducting stream sediment sampling and mapping in order to define the limits of the base metal mineralization, and drill sites for Thunderstruck’s impending drill program are being planned.

“The Company has opted to conduct an inexpensive and efficient 250-meter drill program using a man-portable Winkie drill that is owned by Thunderstruck in Fiji. The drilling will focus on five key step-out holes that, if successful, could considerably extend the size of the target. Results from this drilling, road mapping, outcrop sampling and detailed stream sediment sampling will provide a much enhanced base for defining follow-up exploration with larger drill rigs.“

FINANCING

The Company also announces it has completed the second tranche of its proposed non-brokered private placement, as announced on July 13, 2015. Gross proceeds of $125,000 were raised through the sale of 2,500,000 units at a price of $0.05 per unit. The Company will continue to finance its exploration efforts over the coming months.

An aggregate of 5,597,000 units were sold in both tranches of the private placement for aggregate gross proceeds of $279,850. Each unit comprised one common share and one share purchase warrant. Each warrant entitles the holder to purchase of a further common share at $0.10 for a period of two years.

All securities issued in the final tranche are subject to a hold period in Canada expiring on January 22, 2016. Proceeds of the placement will be applied to exploration programs for the Company’s Fiji properties and general working capital.

Additionally, the Company has granted an aggregate of 215,000 stock options having an exercise price of $0.05 per share and a 10-year term to directors, officers and consultants.

INVESTOR RELATIONS ENGAGEMENT

Thunderstruck has engaged the services of FronTier Merchant Capital Group (“FronTier”) for Investor Relations Services. Under the terms of the engagement, FronTier, with a home office in Toronto, Canada, has been retained for a 12-month period at $6,000 per month plus direct expenses. FronTier will assist the Company by increasing market awareness for the company utilizing a number of financial market communications initiatives, the core of which will be facilitating in-person introductions for the company with institutional and retail brokers and investors in a number of cities across Canada, the US, Europe and Australasia. FronTier and its principals own 2 million of the Company’s shares.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mining exploration company with highly prospective VMS and Precious Metals projects in Fiji. The Company provides investors with exposure to a diverse portfolio of assets rich in zinc, copper, silver and gold in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol “AWE”.

For additional information, please contact:
Bryce Bradley, President, Chief Executive Officer and Director
Telephone: (604) 349-8119
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
or, visit our website: http://www.thunderstruck.ca

Neither the TSX Venture Exchange Inc. 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.

This news release contains certain statements that may be deemed “forward-looking statements”. Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Specifically, there is no assurance the private placement will be closed on the terms set out above or at all or that) TSX Venture Exchange approval will be received. Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck’s management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

July 13, 2015 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (“Thunderstruck”; TSX-V: AWE) is pleased to provide the following updates.

NAKORO EXPLORATION PROGRAM

The Company announces that it has finalized its plan for a detailed surface exploration program on Nakoro, one of its two flagship VMS assets in order to prepare for a drilling program for Q3 2015.  The exploration program will begin this month and will include mapping and trenching, geochemical analyses and a detailed drone topographic survey.  This program will be headed by consulting geologist Geoff Taylor, Project Manager, and will include the services of local labourers and a local contractor who will provide an excavator for trenching and drill site preparation.

Click to view Thunderstruck video

ADVISORY BOARD ADDITIONS

Thunderstruck is pleased to announce the addition of Jim Franklin and Garfield McVeigh to the Company’s Advisory Board.

Dr. Franklin, PhD., FRSC, P.Geo, has focused much of his professional life in the pursuit of understanding and discovering volcanogenic massive sulphide (VMS) deposits similar to Thunderstruck’s Nakoro and Wainaleka high-grade zinc/copper assets.

Highlights of Jim’s career include fundamental work on “black smoker” systems on the modern seafloor. This research provided a new understanding of the way in which giant VMS deposits form, allowing him to develop a robust set of geological guidelines that will help steer Thunderstruck’s VMS exploration and drilling efforts.  Jim has consulted for several VMS companies in the Ring of Fire, and been associated with VMS discoveries throughout North and South America, Europe and Asia.  He’s also worked on vein-type gold deposits resembling Thunderstruck’s Liwa Creek epithermal gold project.

The major portion of Jim’s career, from 1975 to 1991, was with the Geological Survey of Canada, and culminated as Chief Geologist, when he coordinated the GSC’s entire scientific program. He has been honoured with multiple awards, including SEG’s Thayer Lindsley and Distinguished Lecturer awards.  Notably, this year he will receive SEG’s top honor, the Penrose Medal.

Mr. MacVeigh, B.Sc Geology, is the president and CEO of Constantine Metals Ltd. (CEM:TSXV), which is currently exploring its Palmer VMS project in Southeast Alaska in partnership with Dowa Metals & Mining.  Garfield directed the exploration that resulted in the Palmer VMS discovery that now has an 8.1 million tonnes inferred resource averaging 1.41% copper and 5.25% zinc, and the deposit is open to expansion.  Garfield has 43 years of experience in gold and base metal exploration, and has contributed to the exploration and discovery of several VMS projects, including the HW zinc/copper mine and other zones at Nystar’s Myra Falls operation in British Columbia.  He also participated in the discovery of the Hoyle Pond gold mine, Newfoundland, currently operated by Goldcorp.  Garfield also served as president, CEO and chairman of the board of Rubicon Minerals Corporation.

“We are excited that Thunderstruck’s projects, including two high-grade zinc-copper discoveries made by Anglo Pacific in the 1970s, have attracted such world-renowned experts as Jim Franklin and Garfield MacVeigh,” notes Brien Lundin, a Thunderstruck director and co-founder. “Their expertise will prove invaluable as we follow up on these discoveries in the weeks ahead.”

PROJECT MANAGER

The Company is also pleased to announce the hiring of Geoff Taylor as Project Manager for our upcoming exploration program.  Geoff has extensive knowledge of Thunderstruck’s VMS and gold properties, having worked with Anglo Pacific (1975-1981) as Senior Geologist on Nakoro, Wainaleka and Liwa Creek.  He carried out detailed geological mapping and geochemical sampling for massive sulphide copper/zinc deposits on Nakoro, using his findings to supervise the drill program on both Nakoro and Wainaleka.

Concurrent with these efforts at Anglo Pacific, Geoff undertook his M,Sc. Degree at Imperial College, London, for which he completed his dissertation on “The Criteria for Massive Sulphide Exploration in Volcanic Environments, with Particular Reference to Fiji.”

“Geoff has lived and worked in Fiji for over 40 years, bringing invaluable relationships, cultural sensitivity and a deep understanding of the island’s geological potential,” says Bryce Bradley, Thunderstruck’s president and CEO. “We’re lucky to find someone who not only conducted the historic drill program with Anglo, but also completed his Master’s thesis on our properties.”

FINANCING

The Company also announces that it has arranged a private placement of $750,000 with a $250,000 over-allotment option.  The non-brokered private placement involves the sale of up to 15,000,000 units at a price of $0.05 per unit. In the event the over-allotment option is filled, an additional 5,000,000 units would be issued.

Each unit comprises one common share and one share purchase warrant, each warrant entitling the holder to purchase a further common share at a price of $0.10 per share for a period of 24 months. The warrants will be subject to accelerated exercise provisions such that if the closing price of the Company’s common shares exceeds $0.20 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants’ term to a period of 30 days following such notice.

Proceeds of the placement will be applied to exploration programs for the Company’s Fiji properties and general working capital. Finder’s fees may be payable on all or any portion of the placement, which is subject to regulatory approval, including the approval of the TSX Venture Exchange.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mining exploration company with highly prospective VMS and precious metals projects in Fiji.  The Company provides investors with exposure to a diverse portfolio of assets rich in zinc, copper, silver and gold in politically safe and stable jurisdictions.  Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol “AWE.”

For additional information, please contact:

Bryce Bradley, President, Chief Executive Officer and Director
Telephone: (604) 349-8119
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

or, visit our website: http://www.thunderstruck.ca

Neither the TSX Venture Exchange Inc. 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.

This news release contains certain statements that may be deemed “forward-looking statements”.Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Specifically, there is no assurance the private placement will be closed on the terms set out above or at all or that TSX Venture Exchange approval will be received. Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck’s management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.