Thunderstruck Resources Ltd. — Capital/Financing Update 2024

Jan 23, 2024

THUNDERSTRUCK RESOURCES LTD. TSXV: AWE OTC: THURF

THUNDERSTRUCK RESOURCES

Thunderstruck Update

January 23, 2024 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (the “Company”) confirms, further to its press releases dated July 18, 2023 and August 28, 2023 that is has discontinued its previously announced private placement (the “Financing”) as at September 25, 2023. The Company completed on July 7, 2023, raising aggregate gross proceeds of $80,499.90 through the sale 536,666 units at a price of $0.15 per unit.

The Company is reviewing its financing options and will provide a further update in due course.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company focused on the discovery of high value gold-silver epithermal and copper-gold porphyry deposits on the main island of Viti Levu in Fiji.

Fiji has a long history of mining with over 75 years of activity at the prolific Vatukoula Gold Mine alongside several advanced development projects including Tuvatu (Lion One LIO:TSX.V), Indicated Resources of 1.00 Mt @ 8.48 g/t Au (274,600 oz), Inferred Resources of 1.33 Mt @ 9.0 g/t Au (384,000 oz) (Tuvatu-PEA-Update-NI-43-101) and Namosi (Newcrest Mining NCM:ASX), Proven, Measured and Indicated Resources of 1.8Bt at 0.35% Cu and 0.11 g/t Au (6.4M oz Au and 6.3Mt Cu) (Newcrest Annual Mineral Resources Update, June 2022).

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:

Bryce Bradley, Chief Executive Officer

Email: bryce@thunderstruck.ca

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 forward-looking 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