Decade Resources (TSXV: DEC) has successfully closed an oversubscribed flow-through private placement, raising gross proceeds of $308,500. The company issued 8,814,286 flow-through units at $0.035 per unit, with each unit consisting of one flow-through common share and one transferable warrant. The warrants are exercisable at $0.05 per share for 24 months. The proceeds will be used for Canadian exploration expenses and flow-through critical mineral mining expenditures on the company's BC properties in the Golden Triangle area. The company paid $16,200 in finder's fees and issued 462,857 warrants to finders. All securities are subject to a four-month hold period ending October 14, 2025.
Decade Resources (TSXV: DEC) ha completato con successo un collocamento privato flow-through sovraccarico, raccogliendo proventi lordi di 308.500 dollari. La societ脿 ha emesso 8.814.286 unit脿 flow-through al prezzo di 0,035 dollari per unit脿, ciascuna composta da un'azione ordinaria flow-through e un warrant trasferibile. I warrant sono esercitabili a 0,05 dollari per azione per un periodo di 24 mesi. I proventi saranno utilizzati per spese di esplorazione in Canada e per spese minerarie flow-through su minerali critici nelle propriet脿 della societ脿 nella regione del Golden Triangle, in British Columbia. La societ脿 ha pagato commissioni di intermediazione pari a 16.200 dollari e ha emesso 462.857 warrant agli intermediari. Tutti i titoli sono soggetti a un periodo di blocco di quattro mesi che termina il 14 ottobre 2025.
Decade Resources (TSXV: DEC) ha cerrado con 茅xito una colocaci贸n privada flow-through sobresuscrita, recaudando ingresos brutos de 308,500 d贸lares. La compa帽铆a emiti贸 8,814,286 unidades flow-through a 0.035 d贸lares por unidad, cada una compuesta por una acci贸n com煤n flow-through y un warrant transferible. Los warrants son ejercibles a 0.05 d贸lares por acci贸n durante 24 meses. Los fondos se destinar谩n a gastos de exploraci贸n en Canad谩 y a gastos flow-through para miner铆a de minerales cr铆ticos en las propiedades de la compa帽铆a en la regi贸n del Golden Triangle, Columbia Brit谩nica. La compa帽铆a pag贸 16,200 d贸lares en comisiones a intermediarios y emiti贸 462,857 warrants a los mismos. Todos los valores est谩n sujetos a un per铆odo de retenci贸n de cuatro meses que finaliza el 14 de octubre de 2025.
Decade Resources (TSXV : DEC) a cl么tur茅 avec succ猫s un placement priv茅 flow-through sursouscrit, levant ainsi 308 500 dollars brut. La soci茅t茅 a 茅mis 8 814 286 unit茅s flow-through 脿 0,035 dollar chacune, chaque unit茅 comprenant une action ordinaire flow-through et un warrant cessible. Les warrants sont exer莽ables 脿 0,05 dollar par action pendant 24 mois. Les fonds seront utilis茅s pour des d茅penses d'exploration au Canada et des d茅penses flow-through li茅es 脿 l'exploitation de min茅raux critiques sur les propri茅t茅s de la soci茅t茅 en Colombie-Britannique, dans la r茅gion du Golden Triangle. La soci茅t茅 a vers茅 16 200 dollars de frais d'interm茅diaire et 茅mis 462 857 warrants aux interm茅diaires. Tous les titres sont soumis 脿 une p茅riode de blocage de quatre mois se terminant le 14 octobre 2025.
Decade Resources (TSXV: DEC) hat eine 眉berzeichnete Flow-Through-Privatplatzierung erfolgreich abgeschlossen und dabei Bruttoerl枚se von 308.500 US-Dollar erzielt. Das Unternehmen gab 8.814.286 Flow-Through-Einheiten zu je 0,035 US-Dollar aus, wobei jede Einheit aus einer Flow-Through-Stammaktie und einem 眉bertragbaren Warrant besteht. Die Warrants sind 24 Monate lang zum Preis von 0,05 US-Dollar pro Aktie aus眉bbar. Die Erl枚se werden f眉r kanadische Explorationsausgaben und Flow-Through-Ausgaben f眉r den Abbau kritischer Mineralien auf den BC-Liegenschaften des Unternehmens im Golden Triangle verwendet. Das Unternehmen zahlte 16.200 US-Dollar an Vermittlungsgeb眉hren und gab 462.857 Warrants an Vermittler aus. Alle Wertpapiere unterliegen einer viermonatigen Haltefrist, die am 14. Oktober 2025 endet.
Positive
Successfully raised $308,500 through oversubscribed private placement
Funds will be used for exploration of BC properties in the resource-rich Golden Triangle area
Warrants provide potential for additional future funding at $0.05 per share
Negative
Dilution of existing shareholders through issuance of 8.8 million new units
Additional potential dilution from 9.27 million warrants if exercised
Relatively small raise amount may require additional future financings
Stewart, British Columbia--(Newsfile Corp. - June 16, 2025) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is pleased to announce that it has closed its previously announced flow through private placement.
A total of 8,814,286 flow-through units were issued on a private placement basis at a price of 3.5 cents per unit, for aggregate gross proceeds of $308,500. Each unit comprised one flow through common share and one transferable non flow through 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.
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 October 14, 2025, in accordance with applicable securities laws.
In consideration for introducing certain subscribers to the private placement, the company paid cash finder's fees totaling $16,200 and issued 462,857 warrants at $0.05 to the finders. The warrants are exercisable for a 24-month period.
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
How much did Decade Resources (DECXF) raise in their June 2025 private placement?
Decade Resources raised gross proceeds of $308,500 through an oversubscribed flow-through private placement
What is the exercise price and expiry of DECXF's warrants from the June 2025 placement?
The warrants are exercisable at $0.05 per share for a 24-month period
How many flow-through units did Decade Resources issue in the June 2025 placement?
Decade Resources issued 8,814,286 flow-through units at $0.035 per unit
What will Decade Resources use the proceeds for from their June 2025 placement?
The proceeds will be used for Canadian exploration expenses and flow-through critical mineral mining expenditures on their BC properties in the Golden Triangle area
What finder's fees did Decade Resources pay for the June 2025 private placement?
The company paid $16,200 in cash finder's fees and issued 462,857 warrants at $0.05 to the finders
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