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News Focus
C.GRCM | 5 hours ago VANCOUVER, BC, June 7, 2024 – Geologica Resource Corp. (CSE:GRCM, FSE:862 ) (“Geologica” or the “Company”) is pleased to announce the closing of its previously announced financing and property acquisition. The Company intends to issue 4,301,450 Units at $0.035 per unit for total proceeds of $150,550 (the “Units”) each Unit consists of a share and a whole warrant. Each warrant may be exercised for 1 (one) share for 2 (two) years from closing for $0.05. A warrant holder must exercise the Warrant, within 30 days of the shares of the Company trading at a 20 day VWAP of $0.20 or greater once the 4 month statutory hold has expired. The Company paid finders fees of $10,928 and issued 312,229 finders warrants. The warrants have the same terms as above. The proceeds of the financing will be used for exploration work and general administration. In a sperate transaction the Company issued 2,000,000 shares to complete the acquisition of the Topley West Property as announced March 28, 2024. The Company has also issued 100,000 shares at a deemed price of $0.045 to settle outstanding debt with an unrelated party. The securities issued under the financing will be subject to restrictions on resale for 4 (Four) months and a day, pursuant to applicable Canadian securities laws and the rules of the Canadian Securities Exchange. TOPLEY LANDING PROJECT TOPLEY LANDING PROJECT The claims to be explored at Topley Landing are overlapped by Lake Babine Nation (LBN) traditional territory; In consultation with the Lake Babine Nation, Geologica has been granted access to Topley for completion of an IP survey; Geochemistry has identified high priority exploration target areas and kilometer-scale VMS target areas; The region is known for its large porphyry, copper/gold, and copper/molybdenum deposits including the on-trend past-producing Granisle and Bell copper mines; American Eagle Gold Corp. has discovered a copper deposit on trend with Topley; The property is located in central BC, is road accessible and cost effective to explore year round BC Hydro power lines transect the property and several water sources are available on the property; Rail Access to tide water is only 40km away; Porphyries contain the largest reserves of Copper and close to 50% of gold reserves in BC; Topley Property consists of 11 mineral claims totaling 4,216 Ha with six known prospects and showings. About Geologica Resource Corp. Geologica Resource Corp. is a mineral explorer, building shareholder value through the acquisition of projects with significant technical merit. The Company has an option agreement and a purchase agreement for 100% of the mineral claims known as the Topley Project, located in central British Columbia. Further information on Geologica Resource Corp. can be found on the Company’s website https://geologicaresource.com/ and on SEDAR at https://www.sedarplus.ca Doug Unwin President & CEO (604) 762-5355 doug.unwin@geologicaresource.com Forward-Looking Statements This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “ensuring”, “believe”, “anticipate”, “will”, “would” and other similar words, or statements that certain events or conditions “may” or “will” occur. In particular, this news release contains forward-looking information pertaining to the Company’s plans and objectives with respect to the Topley Project. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, failure to obtain all necessary regulatory approvals, risks and uncertainties inherent in the exploration and development of mineral properties, and other risk factors set forth in the long-form prospectus of the Company dated July 22, 2022 under the heading “Risk Factors”, a copy of which is available on the Company’s SEDAR profile at www.sedarplus.ca. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, but not limited to, the assumption that general business and economic conditions will not change in a materially adverse manner. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws. Tags: INDUSTRIAL METALS & MINERALS 0 Related News @ the Bell: Resource stocks lift TSX 21 hours ago @ the Bell: How did markets react to the BoC rate cut? 1 day ago @ the Bell: TSX hits one-month low 2 days ago Recent U.S. Press Releases Geologica Closes Financing And Property Acquisition 5 hours ago INDUSTRIAL METALS & MINERALS ADDITION OF NEW COPPER CLAIMS AT TOPLEY PROJECT April 18, 2024 INDUSTRIAL METALS & MINERALS Xcyte Digital Corp. Purchases Assets of A+ Conferencing April 3, 2024 TECHNOLOGY More Press Releases » Featured News Links Flow Test and Laboratory Analysis Confirm a Major New HELIUM Discovery in Minnesota This Small-Cap Gold Stock Keeps Notching Up High-Grade Gold in Nevada Thematic Insights: Free Podcast Exploring Market Trends & Emerging Sectors Get the latest news and updates from Stockhouse on social media facebook twitter linkedin Follow STOCKHOUSE Today (click to learn more)
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Bullboard - Stock Discussion Forum Thunderstruck Resources Ltd V.AWE

Alternate Symbol(s):  THURF

Metals & Mining Industrial Metals & Minerals
Thunderstruck Resources Ltd. is a Canada-based mining exploration company. The Company is focused on the discovery of gold-silver epithermal and copper-gold porphyry deposits on the main island of Viti Levu in Fiji. Its projects include Korokayiu Copper-Zinc Prospect, Liwa Gold-Silver Prospect, Rama Copper-Gold Prospect and Nakoro Zinc-Copper Prospect. The Korokayiu prospect is located on the... see more

Bullboard (TSXV:AWE)

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Post by TonyDjon Jun 08, 2024 11:57pm

I Lost It A Long Time Ago

Now that's Funny. Look We are Voting  FOR Bryce and Thunderstruck Team. That's a YES.
100
Post by Exploration11on Jun 08, 2024 7:54pm

Tony, your losing it.

Babbling along, dancing in circles, and now random name calling.  Your true colors are showing DJ. Stick to Thunderstruck. What has Bryce, as ceo done since 2016, done for shareholders to add ...more  
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Comment by TonyDjon Jun 08, 2024 5:58pm

RE:Tony doesn't know if thunder will drill

IMHO. Exploration 11 . Your thinking is flawed as you do not look at the Big picture. If I was Bryce I would be approaching a Major. They are already in country. Jimmyjazz I mean Exploration 11 think ...more  
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Post by Exploration11on Jun 08, 2024 4:13pm

Tony doesn't know if thunder will drill

Then this play is very risky and chances are, imo, they go insolvent if they don't raise money to prove up the assets by drilling.
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Discussion
Comment by Exploration11on Jun 07, 2024 11:07pm

RE:RE:RE:RE:RE:Exploration 11 Are You OK ????

Nobody asked you " to guide" anyone. I asked a simple question, shareholder to shareholder. Will thunderstruck raise the money to drill in 2024 was the question /discussion Tony. I answered ...more  
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Discussion
Comment by TonyDjon Jun 07, 2024 4:54pm

RE:RE:RE:RE:Exploration 11 Are You OK ????

This is getting weird. You were probably the one Doxxing me on CEO and got kicked off. Not a normal conversation. I am not here to guide you all I can say is I have Voted For the Thunderstruck Team ...more  
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Comment by Exploration11on Jun 07, 2024 4:13pm

RE:RE:RE:Exploration 11 Are You OK ????

It's a simple question and as a true believer in everything bryce/ Thunderstruck you would answer, but you are not, therefore are you as big believer as you try to convey? You skirt questions ...more  
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Comment by TonyDjon Jun 07, 2024 2:28pm

RE:RE:Exploration 11 Are You OK ????

Why won't I answer ? Let me see because I'm not management ,director or an Advisor . This Yes , No thing you are doing is kind of Dumb.. IMHO. I told you my opinion which you totally ignored ...more  
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Comment by Exploration11on Jun 07, 2024 1:30pm

RE:Exploration 11 Are You OK ????

Tony, why cant/ won't you answer? If you are such a believer just answer yes or no. Will thunderstruck raise enough money to drill in 2024?
7
Discussion
Post by TonyDjon Jun 07, 2024 1:28pm

Exploration 11 Are You OK ????

Go do some Exercise..You are making things up where they don't exist..All in your head. Websites down now up  ???? Relax.
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Discussion
Comment by Exploration11on Jun 07, 2024 11:08am

RE:Oh oh...website shut down

It's back up but no changes that I see. Presentation still does not match web info and links to social media still not working except linkedin.
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Discussion
Post by Exploration11on Jun 07, 2024 9:29am

Oh oh...website shut down

Www.thunderstruck.ca says closed for maintenance. Are thunders doors open for much longer? 
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Discussion
Post by TonyDjon Jun 06, 2024 9:03pm

What I Can Answer.

I just submitted my proxy vote online FOR Bryce and the board.
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Comment by Exploration11on Jun 06, 2024 8:56pm

RE:RE:Why won't you answer Tony?

I am also retail, I say No, they will not raise enough money to drill in 2024. What's your answer tonydj?
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