New Issue: Rolling Thunder prices C$7.5 million private placement

By Sheri Kasprzak

New York, April 28 - Rolling Thunder Exploration Ltd. said it intends to raise up to C$7,500,172 in a private placement.

The deal includes up to 1,197,600 class A shares at C$1.67 each, 549,500 class A shares on a flow-through basis for Canadian development expenses at C$1.82 each and up to 2,142,900 class A shares on a flow-through basis for Canadian exploration expenses at C$2.10 each.

The offering is being placed through a syndicate of underwriters led by Dundee Securities Corp. and Acumen Capital Finance Partners Ltd. The syndicate has a greenshoe for up to C$1 million, comprised of either Canadian development expenses flow-through shares or class A shares.

The placement is scheduled to settle on May 18.

Based in Calgary, Alta., Rolling Thunder is an oil and natural gas exploration, development and production company.

Issuer:	Rolling Thunder Exploration Ltd.
Issue:	Class A shares, class A flow-through shares for Canadian development expenses, class A flow-through shares for Canadian exploration expenses
Amount:	C$7,500,172
Greenshoe:	For up to C$1 million
Underwriters:	Dundee Securities Corp. (lead), Acumen Capital Finance Partners Ltd. (lead)
Pricing date:	April 28
Settlement date:	May 18
Stock symbol:	TSX Venture: ROL
Stock price:	C$1.77 at close April 27
Class A shares
Shares:	1,197,600
Price:	C$1.67
Warrants:	No
Class A flow-through shares for CDE
Shares:	549,500
Price:	C$1.82
Warrants:	No
Class A flow-through shares for CEE
Shares:	2,142,900
Price:	C$2.10
Warrants:	No

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