Thundermin Raises $749,975 in Private Placements

Thundermin Resources Inc. ("Thundermin") (TSX: THR) is pleased to announce that it has raised $749,975 (the "Offering") by way of a non-brokered private placement with MineralFields Group ("MineralFields"), as to $350,000, and other accredited investors, as to $399,975. The Offering consists of 2,343,672 units ("Units") at a price of $0.32 per Unit. Each Unit consists of one flow-through common share and one-half of one common share purchase warrant. Each whole common share purchase warrant will entitle the holder to purchase an additional common share at a price of $0.50 per share on or before December 27, 2008. In the event that Thundermin's shares trade at a weighted average price of $0.70 or more per share over a period of at least 20 consecutive trading days, Thundermin will have the right, upon giving notice to the warrant holders, to accelerate the expiry date of the warrants to the date that is 30 days from the date that notice was provided.

A finder's fee of $28,000 was paid to Limited Market Dealer Inc. and Global Maxfin Capital Inc. with respect to $350,000 of the Offering.

The net proceeds from the financing will be used to fund Thundermin's exploration activities in Canada, in particular additional diamond drilling at the Little Deer copper deposit in west-central Newfoundland. Thundermin will incur and renounce qualifying Canadian Exploration Expenditures under the Income Tax Act (Canada) to MineralFields and the other accredited investors in an amount equal to the subscription price of the subscribed for shares.

MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about the MineralFields Group is available at www.mineralfields.com . First Canadian Securities®, a division of Limited Market Dealer Inc., is active in leading resource financings (both flow-through and hard dollar) on competitive, effective and service-friendly terms, with investors both within and outside of MineralFields Group.

This document may contain or refer to forward-looking information based on current expectations. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. These forward-looking statements are made as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances.

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

Contacts: Thundermin Resources Inc. John B. Heslop President & CEO (416) 364-0001 Email: info@thundermin.com