Decade Resources Closes Flow Through Private Placement for Total Gross Proceeds of $120,000
Decade Resources (TSXV: DEC) has successfully closed a flow-through private placement, raising gross proceeds of $120,000. The company issued 4,000,000 flow-through units at $0.03 per unit. Each unit includes one flow-through common share and one transferable warrant exercisable at $0.05 per share for 36 months.
The proceeds will be used for Canadian exploration expenses and flow-through critical mineral mining expenditures on the company's British Columbia properties in the "Golden Triangle" area. All issued securities are subject to a four-month statutory hold period expiring December 13, 2025.
Decade Resources (TSXV: DEC) ha completato con successo un collocamento privato flow-through, raccogliendo proventi lordi di $120,000. La societ脿 ha emesso 4,000,000 di unit脿 flow-through a $0.03 per unit脿. Ciascuna unit脿 include una azione ordinaria flow-through e una warrant trasferibile esercitabile a $0.05 per azione per 36 mesi.
I proventi saranno destinati a spese di esplorazione in Canada e a spese ammissibili per l'estrazione di minerali critici sulle propriet脿 della societ脿 nella regione del "Golden Triangle" in British Columbia. Tutti i titoli emessi sono soggetti a un periodo di detenzione statutario di quattro mesi che scade il 13 dicembre 2025.
Decade Resources (TSXV: DEC) ha cerrado con 茅xito una colocaci贸n privada flow-through, recaudando ingresos brutos de $120,000. La compa帽铆a emiti贸 4,000,000 de unidades flow-through a $0.03 por unidad. Cada unidad incluye una acci贸n com煤n flow-through y un warrant transferible ejercitable a $0.05 por acci贸n durante 36 meses.
Los fondos se destinar谩n a gastos de exploraci贸n en Canad谩 y a desembolsos elegibles relacionados con la miner铆a de minerales cr铆ticos en las propiedades de la empresa en la zona del "Golden Triangle" en Columbia Brit谩nica. Todos los valores emitidos est谩n sujetos a un periodo de retenci贸n legal de cuatro meses que expira el 13 de diciembre de 2025.
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Decade Resources (TSXV: DEC) a cl么tur茅 avec succ猫s un placement priv茅 flow-through, levant des produits bruts de $120,000. La soci茅t茅 a 茅mis 4,000,000 d鈥檜nit茅s flow-through 脿 $0.03 l鈥檜nit茅. Chaque unit茅 comprend une action ordinaire flow-through et un bon de souscription transf茅rable exer莽able 脿 $0.05 par action pendant 36 mois.
Les fonds seront utilis茅s pour des d茅penses d鈥檈xploration au Canada et des d茅penses admissibles d鈥檈xploitation mini猫re pour les minerais critiques sur les propri茅t茅s de la soci茅t茅 dans la r茅gion du "Golden Triangle" en Colombie-Britannique. Tous les titres 茅mis sont assujettis 脿 une p茅riode de blocage statutaire de quatre mois expirant le 13 d茅cembre 2025.
Decade Resources (TSXV: DEC) hat eine Flow-through-Privatplatzierung erfolgreich abgeschlossen und Bruttoerl枚se von $120,000 erzielt. Das Unternehmen hat 4,000,000 Flow-through-Einheiten zu $0.03 pro Einheit ausgegeben. Jede Einheit umfasst eine Flow-through-Stammaktie und eine 眉bertragbare Warrant, die innerhalb von 36 Monaten zu $0.05 pro Aktie ausge眉bt werden kann.
Die Mittel werden f眉r kanadische Explorationsausgaben und flow-through-f枚rderf盲hige Bergbauausgaben f眉r kritische Mineralien auf den Grundst眉cken des Unternehmens im "Golden Triangle" von British Columbia verwendet. S盲mtliche ausgegebenen Wertpapiere unterliegen einer viermonatigen gesetzlichen Haltefrist, die am 13. Dezember 2025 endet.
- Secured $120,000 in new funding for exploration activities
- Warrants provide potential for additional future funding at $0.05 per share
- Funds will be used for qualified flow-through mining expenditures, providing tax benefits to investors
- Small financing amount may limit exploration scope
- Potential dilution from warrant exercise
Stewart, British Columbia--(Newsfile Corp. - August 12, 2025) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is pleased to announce that it has closed a flow through private placement.
A total of 4,000,000 flow-through units were issued on a private placement basis at a price of 3 cents per unit, for aggregate gross proceeds of
Proceeds from the sale of flow-through units will be utilized for incurring flow through expenses that qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures as defined in the Income Tax Act (Canada). Flow-through proceeds will be spent on the Company's BC properties.
All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring December 13, 2025, in accordance with applicable securities laws.
Decade Resources Ltd. is a Canadian based mineral exploration company actively seeking opportunities in the resource sector. Decade holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are all located in the "Golden Triangle" area of northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website at which is presently being updated. For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.
ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
"Ed Kruchkowski"
Ed Kruchkowski, President
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
"This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements."
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