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Thunderstruck Resources Ltd. Capital/Financing Update 2021

Mar 3, 2021

46978_rns_2021-03-02_39771cf4-9812-4f37-9e44-395b643030b0.pdf

Capital/Financing Update

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TSXV: AWE OTC: THURF

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THUNDERSTRUCK EXTENDS WARRANT EXPIRY DATE

March 2, 2021 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (the “Company”; TSX-V: AWE, OTC: THURF) announces that it has extended the expiry date of an aggregate 5,250,000 outstanding share purchase warrants. The subject warrants were originally issued on March 13, 2018 with an original expiry date of March 31, 2021. The new expiry date will provide a two year extension to the warrants such that they will expire on March 13, 2023. The warrants continue to be exercised at their original exercise price of $0.15.

The amendment to the terms of the warrants is subject to TSX Venture Exchange approval

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company that has assembled extensive and highly prospective properties in Fiji on which recent and previous exploration has confirmed VMS, copper and precious metals mineralization. The Company provides investors with exposure to a diverse portfolio of exploration stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol “THURF”.

For additional information, please contact:

Rob Christl, Investor Relations Email: [email protected] P: 778 840-7180 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. 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 forwardlooking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

THUNDERSTRUCK RESOURCES LTD. www.thunderstruck.ca TSX-V: AWE OTC: THURF