Decade Resources Ltd (TSXV: DEC) has announced a non-brokered private placement of flow-through shares to raise $287,500. The offering consists of 8,214,286 flow-through units priced at $0.035 per unit, with each unit including one common share and one transferable purchase warrant exercisable at $0.05 per share for 24 months. The offering benefits from the Mineral Exploration Tax Credit (METC) providing a 15% tax benefit and the new 30% Critical Mineral Exploration Tax Credit (CMETC) for specified minerals. The proceeds will fund exploration projects in British Columbia's Golden Triangle area. The company focuses on resource exploration with various properties at different development stages in the region.
Decade Resources Ltd (TSXV: DEC) ha annunciato un collocamento privato senza intermediari di azioni flow-through per raccogliere 287.500 dollari. L'offerta prevede 8.214.286 unit脿 flow-through al prezzo di 0,035 dollari per unit脿, ciascuna composta da un'azione ordinaria e da un warrant trasferibile esercitabile a 0,05 dollari per azione per 24 mesi. L'offerta beneficia del Credito d'Imposta per l'Esplorazione Mineraria (METC), che offre un vantaggio fiscale del 15%, e del nuovo Credito d'Imposta per l'Esplorazione di Minerali Critici (CMETC) del 30% per minerali specifici. I proventi finanzieranno progetti di esplorazione nell'area del Golden Triangle nella British Columbia. L'azienda 猫 focalizzata sull'esplorazione delle risorse con diverse propriet脿 a vari stadi di sviluppo nella regione.
Decade Resources Ltd (TSXV: DEC) ha anunciado una colocaci贸n privada sin intermediarios de acciones flow-through para recaudar 287,500 d贸lares. La oferta consta de 8,214,286 unidades flow-through a un precio de 0.035 d贸lares por unidad, cada una incluye una acci贸n com煤n y un warrant transferible ejercitable a 0.05 d贸lares por acci贸n durante 24 meses. La oferta se beneficia del Cr茅dito Fiscal para la Exploraci贸n Mineral (METC), que otorga un beneficio fiscal del 15%, y del nuevo Cr茅dito Fiscal para la Exploraci贸n de Minerales Cr铆ticos (CMETC) del 30% para minerales espec铆ficos. Los fondos se destinar谩n a financiar proyectos de exploraci贸n en el 谩rea del Golden Triangle en Columbia Brit谩nica. La compa帽铆a se centra en la exploraci贸n de recursos con diversas propiedades en diferentes etapas de desarrollo en la regi贸n.
Decade Resources Ltd (TSXV : DEC) a annonc茅 un placement priv茅 sans interm茅diaire d鈥檃ctions flow-through visant 脿 lever 287 500 dollars. L鈥檕ffre comprend 8 214 286 unit茅s flow-through au prix de 0,035 dollar par unit茅, chaque unit茅 incluant une action ordinaire et un bon de souscription transf茅rable exer莽able 脿 0,05 dollar par action pendant 24 mois. L鈥檕ffre b茅n茅ficie du Cr茅dit d鈥橧mp么t pour l鈥橢xploration Mini猫re (METC) offrant un avantage fiscal de 15 %, ainsi que du nouveau Cr茅dit d鈥橧mp么t pour l鈥橢xploration des Min茅raux Critiques (CMETC) 脿 hauteur de 30 % pour certains min茅raux sp茅cifi茅s. Les fonds serviront 脿 financer des projets d鈥檈xploration dans la r茅gion du Golden Triangle en Colombie-Britannique. La soci茅t茅 se concentre sur l鈥檈xploration des ressources avec plusieurs propri茅t茅s 脿 diff茅rents stades de d茅veloppement dans la r茅gion.
Decade Resources Ltd (TSXV: DEC) hat eine nicht vermittelte Privatplatzierung von Flow-Through-Aktien angek眉ndigt, um 287.500 US-Dollar zu beschaffen. Das Angebot umfasst 8.214.286 Flow-Through-Einheiten zum Preis von 0,035 US-Dollar pro Einheit, wobei jede Einheit eine Stammaktie und einen 眉bertragbaren Kaufoptionsschein enth盲lt, der f眉r 24 Monate zum Aus眉bungspreis von 0,05 US-Dollar pro Aktie ausge眉bt werden kann. Das Angebot profitiert vom Mineral Exploration Tax Credit (METC), der einen Steuervorteil von 15 % bietet, sowie vom neuen 30 % Critical Mineral Exploration Tax Credit (CMETC) f眉r bestimmte Mineralien. Die Erl枚se werden zur Finanzierung von Explorationsprojekten im Golden Triangle in British Columbia verwendet. Das Unternehmen konzentriert sich auf die Rohstoffexploration mit verschiedenen Grundst眉cken in unterschiedlichen Entwicklungsstadien in der Region.
Positive
Raising $287,500 in additional capital for exploration projects
Investors benefit from both 15% METC and 30% CMETC tax credits
24-month warrant provision offers additional investment opportunity at $0.05 per share
Negative
Potential dilution for existing shareholders through new share issuance
Warrant exercise price of $0.05 represents a relatively low premium to the unit price
Stewart, British Columbia--(Newsfile Corp. - June 11, 2025) - Decade Resources Ltd (TSXV: DEC) ("Decade" or the Company) is pleased to announce a non-brokered private placement of flow-through shares to raise aggregate gross proceeds of $287,500.
The flow-through offering will comprise of 8,214,286 flow-through units, at a price of $0.035 per flow-through unit, for gross proceeds of $287,500. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.05 per share, for a 24-month period. The federal proposal for the Mineral Exploration Tax Credit (METC) provides an additional income tax benefit for individuals who invest in mining flow-through shares, which augments the tax benefits associated with the deductions that are flowed through. The METC is equal to 15 per cent of specified mineral exploration expenses incurred in Canada and renounced to flowthrough share investors. The 2022 Budget proposed to introduce a new 30-percent Critical Mineral Exploration Tax Credit (CMETC) for specified minerals. The specified minerals that would be eligible for the CMETC are: copper, nickel, lithium, cobalt, graphite, rare earth elements, scandium, titanium, gallium, vanadium, tellurium, magnesium, zinc, platinum group metals and uranium. These minerals are used in the production of batteries and permanent magnets, both of which are used in zero-emission vehicles or are necessary in the production and processing of advanced materials, clean technology, or semi-conductors.
Finders' fees may be payable in connection with the private placement.
The proceeds from the sale of the flow-through shares will be expended on the company's projects located in British Columbia.
Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is responsible for the contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the Company.
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."
To view the source version of this press release, please visit
FAQ
What is the size and price of Decade Resources' (DECXF) private placement offering?
Decade Resources is offering 8,214,286 flow-through units at $0.035 per unit to raise $287,500 in gross proceeds
What tax benefits are available for investors in Decade Resources' flow-through shares?
Investors can benefit from both the 15% Mineral Exploration Tax Credit (METC) and the 30% Critical Mineral Exploration Tax Credit (CMETC) for specified minerals
What are the warrant terms in Decade Resources' private placement?
Each unit includes one warrant exercisable at $0.05 per share for a 24-month period
How will Decade Resources (DECXF) use the proceeds from the private placement?
The proceeds will be used to fund exploration on the company's projects located in British Columbia's Golden Triangle area
What minerals is Decade Resources exploring for in the Golden Triangle?
The company could explore for various critical minerals including copper, nickel, lithium, cobalt, graphite, rare earth elements, and other minerals eligible for the CMETC
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