On December 29, 2022, Thunder Gold Corp. closed the transaction. The company issued a total of 19,400,068 flow-through units for gross proceeds of CAD 1,164,004.08. The transaction included participation from one insider for 250,000 flow-through units. The company paid total finders' fees of CAD 81,520.24 and issued 358,671 broker warrants exercisable at CAD 0.06 for two years.

On the same date, the company issued 2,533,401 flow-through units for gross proceeds of CAD 152,004.06 in its second and final tranche closing. The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement. The transaction included participation from eight placees including existing insider involvement of one placee for 250,000.