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Thundermin Resources Inc.-Toronto Stock Exchange Listing
Published : August 13, 2013
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Mots clés associés :   Canada | Chrome | Copper |

TORONTO, ONTARIO--(Marketwired - Aug. 13, 2013) - Thundermin Resources Inc. ("Thundermin")(News - Market indicators) announces that the Continued Listings Committee of the Toronto Stock Exchange ("TSX") has notified Thundermin of its intent ion to delist Thundermin's securities from trading on the TSX at the close of market on September 12, 2013. The delisting was imposed for failure of Thundermin to meet the continued listing requirements of the TSX. In particular, Thundermin's market capitalization fell below $3.0 million for 30 consecutive trading days and has not sufficiently recovered to regain compliance at the present time. As a result, Thundermin intends to seek to have its securities listed for trading on the TSX Venture Exchange prior to September 12, 2013.

About Thundermin

Thundermin is a Canadian-based mineral exploration company focused on the exploration for and the discovery of economically viable base metal and gold deposits in Canada. Thundermin has an interest in, or the right to earn an interest in, 12 base metal and gold properties in Canada. The most significant of these is the Little Deer copper property in the Springdale area of Newfoundland that hosts the Little Deer and Whalesback copper deposits. Thundermin and 50% joint venture partner Cornerstone Resources Inc. have outlined Indicated Resources of 1,911,000 tonnes grading 2.37% copper and Inferred Resources of 3,748,000 tonnes grading 2.13% copper at Little Deer and Indicated Resources of 797,000 tonnes grading 1.67% copper and Inferred Resources of 443,000 tonnes grading 1.57% copper at Whalesback. A positive Preliminary Economic Assessment undertaken by P&E Mining Consultants Inc. was announced for Little Deer, on a stand-alone basis, in November 2011. On July 17, 2013, Thundermin received a binding offer from Cornerstone to sell its 50% participating interest in Little Deer to Thundermin for $550,000 and a 0.75% NSR. The purchase price may, at Thundermin's election, be paid in cash only or alternatively with $200,000 in cash and the balance in shares of Thundermin. Thundermin will assess the Cornerstone offer and make a decision prior to the expiry of the offer on September 15, 2013. Thundermin owns a 100% interest in the Lebel Township gold property, which is located on the Kirkland Lake Main Break in the prolific Kirkland Lake gold camp. Thundermin has royalty interests in 12 base metal and gold properties located in Manitoba, Saskatchewan, British Columbia and Quebec, the most significant being a 2.5% net smelter return royalty in the Pelletier Lake gold deposit which is under option to QMX Gold Corporation. Thundermin also has various shareholdings in fifteen other junior resource companies that are actively exploring for base metal, gold, chrome, vanadium-titanium and diamond deposits in Canada.

Forward-Looking Statements

This news release may contain "Forward-Looking Statements" that involve risks and uncertainties, such as statements of Thundermin's plans, objectives, strategies, intentions and expectations. The words "potential," "anticipate," "forecast," "believe," "estimate," "expect," "may," "project," "plan," and similar expressions are intended to be among the statements that identify "Forward-Looking Statements". Although Thundermin believes that its expectations reflected in these "Forward-Looking Statements" are reasonable, such statements may involve unknown risks, uncertainties and other factors disclosed in our regulatory filings that can be viewed on the SEDAR website at www.sedar.com. For us, uncertainties arise from the behavior of financial and metals markets and from numerous other matters of national, regional, and global scale, including those of an environmental, climatic, natural, political, economic, business, competitive, or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our "Forward-Looking Statements". Although Thundermin believes the facts and information contained in this news release to be a s correct and current as possible, Thundermin does not warrant or make any representation as to the accuracy, validity or completeness of any facts or information contained herein and these statements should not be relied upon as representing its views subsequent to the date of this news release.

For further information on Thundermin Resources Inc. please visit Thundermin's website at www.thundermin.com or the SEDAR website at www.sedar.com.



Thundermin Resources Inc.
John B. Heslop
President & CEO
(647) 344-1167
or
Thundermin Resources Inc.
James W. Gill
Chairman
(416) 450-1851
www.thundermin.com
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Thundermin Resources Inc

PRODUCTEUR
CODE : THR.TO
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Thundermin est une société de production minière de zinc et d'or basée au Canada.

Thundermin détient divers projets d'exploration au Canada.

Son principal projet en production est PELLETIER LAKE (STADACONA MINE) au Canada et ses principaux projets en exploration sont LAC PELLETIER, ROD-LINDA-MCKAYSEFF (RLM), SCOTT LAKE, CAPE RAY, LITTLE DEER, DONALDA, PELLETIER LAKE et WESTARM MINE au Canada.

Thundermin est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,8 millions CA$ (1,8 millions US$, 1,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 0,58 CA$, et son plus bas niveau récent le 27 septembre 2013 à 0,01 CA$.

Thundermin possède 92 207 000 actions en circulation.

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Rapports annuels de Thundermin Resources Inc
2008 Annual Report
Financements de Thundermin Resources Inc
03/01/2012Completes $1,219,140 Flow Through Private Placement
29/11/2011Announces Non-Brokered Private Placement of Up to $1,500,000
11/02/2011Arranges Up to $1,750,000 Flow Through Private Placement
Rapports Financiers de Thundermin Resources Inc
14/04/2011. Re-Files September 30, 2010 Interim Financial Statements t...
Projets de Thundermin Resources Inc
16/10/2013(Little Deer)and Rambler Metals Become Joint Venture Partners on the Litt...
30/07/2013(Little Deer)Receives Offer from Cornerstone to Purchase Cornerstone's 50...
20/12/2011and Cornerstone File NI 43-101 Technical Report and Prelimin...
31/08/2011(Little Deer)and Cornerstone Exercise Their Option to Acquire A 100% Inte...
16/06/2011(Little Deer)and Cornerstone Report Final Drill Results for the First Hal...
Communiqués de Presse de Thundermin Resources Inc
13/09/2013. Responds to TSX Bulletin
13/08/2013.-Toronto Stock Exchange Listing
01/11/2012Discovers Additional Copper Mineralization on the Stirling B...
24/07/2012Commences 2,000 Metre Diamond Drilling Program on the Stirli...
28/06/2012and Cornerstone Retain P&E Mining Consultants Inc. to Undert...
10/05/2012and Cornerstone Extend Copper Mineralization at the Whalesba...
23/02/2012and Cornerstone Intersect High Grade Copper Mineralization a...
05/12/2011Receives Encouraging Results from a First Phase Exploration ...
09/08/2011(Little Deer)and Cornerstone File NI 43-101 Technical Report on Sedar in ...
21/07/2011Executes Formal Agreement to Earn a 100% Interest in a Large...
22/06/2011and Cornerstone Announce 66% Increase in Indicated and 61% I...
26/04/2011(Little Deer)& Cornerstone Intersect High Grade Copper Over Mineable Widt...
22/03/2011and Cornerstone Intersect 4.1% Copper Over 10.6 m and 4.5% C...
04/03/2011Completes $1 Million Flow Through Private Placement
31/10/2007 and Cornerstone intersect 2.5% Cu over 5.5 m at the Little ...
01/05/200707-09 - Cornerstone and Thundermin to Acquire 100% Interest ...
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