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Thunder Mountain Gold Announces Closing of Private Placement

Vancouver, British Columbia and Boise, Idaho--(Newsfile Corp. - August 21, 2026) - Thunder Mountain Gold, Inc.(TSXV: THM) (OTCQB: THMG) (the "Company" or "Thunder Mountain") is pleased to announce that, further to its news release dated July 8, 2026, the Company has closed its non-brokered private placement (the "Private Placement") consisting of 8,090,451 units of the Company (each, a "Unit") at a price of US$0.70 (CAD$1.00) per Unit for gross proceeds of US$5,663,316 (CAD$8,090,451). Each Unit consists of one share of the Company's common stock (each, a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant").