VANCOUVER, BRITISH COLUMBIA, April 25 /CNW/ - Thunder Sword Resources
Inc. ('Thunder Sword' or the 'Company') (TSX Venture:THU) is pleased to
announce that it has received the approval of the TSX and has now closed the
earlier announced $500,000 non-brokered private placement of 333,333 Units at
a price of $1.50 per Unit, each unit consisting of one share and one warrant.
The warrant will entitle the holder to acquire one additional common share at
$1.75 for a two year period. The proceeds from the placement will be used
towards the Company's ongoing assessment work on its Uranium properties.
About Thunder Sword Resources Inc.
Thunder Sword's primary objective is to identify and develop significant
uranium discoveries in the Athabasca Basin in Saskatchewan. Thunder Sword also
operates, under license, the Geermu project which produces high purity
magnesium chloride in China and holds and operates the Pipe Lake gold property
situated in Ontario which consists of 42 claims.
Forward Looking Statements
This News Release may contain forward-looking statements including but
not limited to comments regarding the timing and contents of upcoming work
programs, geophysical, geological interpretations, etc. Forward-looking
statements address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ substantially from those
currently anticipated in such statements. Thunder Sword Resources relies on
litigation protection for forward-looking statements.
Matty Goldstein, Director
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this News Release.
For further information:
For further information: Thunder Sword Resources Inc. Gordon Nesbitt,
Investor Relations Toll Free: 866-328-3188