Blue Thunder Mining Inc.: Blue Thunder Announces Closing of $2.41 Million Upsized Private Placement TSXV: BLUE) (" BLUE" or the " Company") announces that is has completed the closing of its upsized private placement of $2.41 million (" the Offering") (please see press releases from November 20, December 7 and December 8, 2020 for details of the Offering). As consideration for the private placement, the Company issued: 2,700,000 Units (the "Units") at a price of $0.10 per unit; 19,420,066 flow-through common shares of the Company (the Flow-Through Shares"). Common Share") and one-half of one common share purchase warrant (each whole warrant, a " Warrant"). Each Warrant will be exercisable by the holder to acquire one Common Share at a price of $0.15 for a period of 24 months following the closing of the Offering.