Each one in plain English, with the numbers worked through for a shareholder.
8 June 2026auditor change▼ Bad
Auditor Assure CPA merged into Sadler Gibb & Associates and resigned; Sadler Gibb was engaged for fiscal 2026. Assure's audit reports for fiscal 2024 and 2025 both carried a going-concern qualification -- a real financial-health flag that predates and survives the auditor switch.
THUNDER MOUNTAIN GOLD INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
Closed a $2.5M private placement (10M units at $0.25, warrants at $0.40) -- continuing the trend of larger raises at improved pricing.
What it means for a shareholder
10.0m new shares at US$0.250 to raise about US$2.5m. That's 9.7% dilution: every existing holder's slice gets 9.7% smaller. If you held US$1,000 of shares (4,000 at the issue price), your slice goes from 0.00429% to 0.00387% of the company. To keep it you'd need 429 more shares - about US$107 at the issue price.
Signed a new, more modest deal for South Mountain: MFD Investment Holdings can earn a 10% project interest by spending $1M on exploration by October 2026, and will fund 100% of the capital needed to reach small-scale production, splitting revenue 80/20 in MFD's favor until it recoups 1.5x its investment, then 50/50 -- a concrete near-term path to cash flow after the larger BeMetals option collapsed.
Closed a $1.2M private placement (10M units, $0.18 warrants) -- a larger raise at a healthier implied price than the company's typical penny-stock financings of the prior decade, in the post-BeMetals era.
THUNDER MOUNTAIN GOLD INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
THUNDER MOUNTAIN GOLD INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
THUNDER MOUNTAIN GOLD INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
THUNDER MOUNTAIN GOLD INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).