Mining Discovery

Blue Thunder Announces Extension of C$500,000 Financing

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Blue Thunder Mining has been granted an extension by the TSX Venture Exchange to complete the previously announced non-brokered private placement of up to C$500,000, by no later than September 17, 2022. The terms of the offering remain unchanged from those set out in the press releases dated July 4, 2022 and July 11, 2022, comprised of a total of 33,333,333 units at a price of C$0.015 per unit. Insiders will be among the significant participants. Shareholders wishing to participate in the offering should contact Grove Issuer Services Inc. at [email protected] or indicate interest through the Sharechest Connector on Blue Thunder’s website at www.bluethundermining.com. Toronto, Ontario, August 18, 2022 – Blue Thunder Mining Inc. (TSXV: BLUE, OTCQB: BLTMF) (“Blue Thunder” or the “Company”) announces that the Company has been granted an extension by the TSX Venture Exchange (the “TSXV”) to complete the previously announced non-brokered private placement (the “Offering”) of up to C$500,000, by no later than September 17, 2022. The terms of the Offering remain unchanged from those set out in the press releases dated July 4, 2022 and July 11, 2022, comprised of a total of 33,333,333 units of the Company (each, a “Unit”) at a price of C$0.015 per Unit. Each Unit consists of one common share and one common share purchase warrant (a “Warrant”). Each Warrant will be exercisable to purchase an additional share of the Company at a price of C$0.05 for a period of three years, subject to early acceleration under certain conditions. Insiders will be among the significant participants. Shareholders wishing to participate in the Offering should contact the Company through Grove Issuer Services Inc. at [email protected], or indicate interest through the Sharechest connector on Blue Thunder’s website at www.bluethundermining.com. The Offering remains subject to the receipt of all necessary approvals, including the final approval of the TSXV. The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States (“U.S.”) or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This news release does not constitute an offer for sale of securities in the U.S. About Blue Thunder Blue Thunder (TSXV: BLUE, OTCQB:BLTMF) is a gold exploration company that controls 100% of one of the largest land positions near the Chapais-Chibougamau gold district of Quebec with significant historical production and major recent discoveries. The Muus Project is situated on the two major regional trends hosting IAMGOLD’s Nelligan and Northern Superior Resources’ Lac Surprise to the south, and IAMGOLD’s Monster Lake to the north with excellent highway and road access. The Project covers approximately 51,000 hectares in five separate blocks of prospective ground in the eastern part of the Abitibi Greenstone Belt. The Project is considered particularly prospective for gold mineralization, as a series of prominent ductile and brittle fault-sets transect the Property, including the Guercheville and Fancamp deformation zones, both of which are associated with numerous past and currently producing precious and base metal mines in the district. ON BEHALF OF THE BOARD Chad Williams, Non-Executive Chairman and Director Blue Thunder Mining Inc.

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