May 16, 2022
TNRG announce their intention to sign a joint venture and purchase agreement for a Nevada gold and marble mine with football legend Terrell Davis and his partner, Frank White
ATLANTA, GA – THUNDER ENERGIES CORP. [ OTCPK:TNRG ] announces its intention to sign a joint venture and purchase agreement with professional football legend Terrell Davis and his partner, Frank White, for purchase, development, and operation of a gold and marble mine in Elko and White Pine counties, Nevada.
Davis and White, through their business, Fourth and One, LLC, will be transferring a 50% plus interest in 98 unpatented and 4 patented claims. Cash and stock consideration will be paid to their firm at closing and up to one year thereafter.
As part of the joint venture, Thunder Energies intends to agree to Davis and White to be elected board members of Thunder Energies. In addition, White will also be employed as project manager for the extraction of the gold and other valuable minerals from the properties purchased.
“This agreement,” stated Thunder Energies President Ricardo Haynes, “ is confirmation that Thunder Energies is embarking on an exciting, expectedly profitable, path.” Haynes added that to have the confidence of experienced investors, such as Davis and his associate, was reassuring.
“We are dealing with a joint venture partner that has been to the Superbowl, and has a networth in the tens of millions.” Haynes added, explaining that White will oversee daily operation at the mine.
Mr. Collings explained, “The Thunder Energies team is constantly scanning the market for business opportunities that provide significant upside potential to our investors and capital partners. Our unique entrepreneurial mindset and broad industry experience allow us to capture value in many markets. We are a small and highly effective team with substantial specific industry knowledge and experience. We work directly on all sides of transactions and corporate strategy including as advisor, development, project analysis, negotiator, specialty consulting and day to day management oversight and management services.
“Our approach is to work collaboratively with joint venture partners to identify issues, seek mutually beneficial solutions, introduce skills, networks and investors and ultimately implement corporate strategy outcomes.
For more information about Thunder Energies, please visit: www.thunderenergiescorp.com
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.