Decade Amends Non-Brokered Private Placement
Decade Resources (TSXV: DEC) has amended its previously announced non-brokered private placement. The company will now issue 25,714,286 units at $0.035 per unit, for gross proceeds of $900,000. Each unit consists of one common share and one share purchase warrant, exercisable for five years at $0.06 per share. The majority of proceeds will be used for general working capital, with potentially over 10% allocated to exploration of BC Properties. Finders' fees of 8% in cash and warrants will be paid for certain investors. The financing is subject to TSX-V approval and a four-month statutory hold period.
Decade Resources (TSXV: DEC) ha modificato il suo precedente annuncio riguardante una collocazione privata non mediata. L'azienda emetterà ora 25.714.286 unità a $0,035 per unità, per un ricavato lordo di $900.000. Ogni unità consiste in un'azione comune e un warrant di acquisto di azioni, esercitabile per cinque anni a $0,06 per azione. La maggior parte dei proventi sarà utilizzata per capitale di lavoro generale, con oltre il 10% potenzialmente destinato all'esplorazione delle proprietà della Columbia Britannica. Le commissioni per i collocatori sono dell'8% in contante e warrant saranno pagate per alcuni investitori. Il finanziamento è soggetto all'approvazione di TSX-V e a un periodo di blocco legale di quattro mesi.
Decade Resources (TSXV: DEC) ha modificado su anuncio previo sobre una colocación privada no mediada. La compañía ahora emitirá 25,714,286 unidades a $0.035 por unidad, lo que generará ingresos brutos de $900,000. Cada unidad consiste en una acción común y un warrant de compra de acciones, ejercitable por cinco años a $0.06 por acción. La mayor parte de los ingresos se utilizará para capital de trabajo general, con potencialmente más del 10% asignado a la exploración de propiedades de BC. Las comisiones para encontradores son del 8% en efectivo y warrants se pagarán a ciertos inversores. El financiamiento está sujeto a la aprobación de TSX-V y a un periodo de retención legal de cuatro meses.
Decade Resources (TSXV: DEC)는 이전에 발표한 비중개 사모배정을 수정했습니다. 회사는 이제 25,714,286 유닛을 $0.035 per unit에 발행하여 총 수익 $900,000을 확보할 예정입니다. 각 유닛은 하나의 보통주와 하나의 주식 매입 워런트로 구성되며, 이는 5년 동안 $0.06 per share에 행사할 수 있습니다. 수익의 대부분은 일반 운영 자본에 사용되며, 10% 이상이 BC 자산 탐사에 배정될 가능성이 있습니다. 특정 투자자에게는 8%의 현금 및 워런트가 수수료로 지급됩니다. 이 자금 조달은 TSX-V의 승인을 받고 4개월의 법적 보유 기간을 준수해야 합니다.
Decade Resources (TSXV: DEC) a modifié son précédent annonce concernant un placement privé sans intermédiaire. La société émettra maintenant 25.714.286 unités à $0.035 par unité, pour des recettes brutes de $900.000. Chaque unité se compose d'une action ordinaire et d'un bon de souscription d'actions, exerçable pendant cinq ans à $0.06 par action. La majorité des produits sera utilisée pour le fonds de roulement, avec potentiellement plus de 10% alloué à l'exploration des propriétés de la Colombie-Britannique. Des frais de recherche de 8% en espèces et en bons seront versés à certains investisseurs. Le financement est soumis à l'approbation de TSX-V et à une période de blocage légal de quatre mois.
Decade Resources (TSXV: DEC) hat die zuvor angekündigte nicht vermittelte Privatplatzierung geändert. Das Unternehmen wird jetzt 25.714.286 Einheiten zu $0,035 pro Einheit ausgeben, was eine Bruttoeinnahme von $900.000 ergibt. Jede Einheit besteht aus einer Stammaktie und einem Aktienkaufwarrant, der fünf Jahre lang zu $0,06 pro Aktie ausgeübt werden kann. Der Großteil der Einnahmen wird für allgemeines Betriebskapital verwendet, wobei potenziell mehr als 10% für die Erschließung von Grundstücken in British Columbia vorgesehen sind. Vermittlungsgebühren von 8% in bar und Warrants werden für bestimmte Investoren gezahlt. Die Finanzierung unterliegt der Genehmigung von TSX-V und einer gesetzlichen Haltefrist von vier Monaten.
- Raising $900,000 in gross proceeds through private placement
- Potential allocation of over 10% of funds towards exploration of BC Properties
- 5-year warrant exercise period at $0.06 per share, providing long-term potential for investors
- Dilution of existing shareholders due to issuance of 25,714,286 new units
- 8% finders' fees in cash and warrants, reducing net proceeds for the company
Stewart, British Columbia--(Newsfile Corp. - September 11, 2024) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is amending the terms of its previously announced non-brokered private placement (the "Private Placement"), previously announced on September 9, 2024.
The Company will now issue 25,714,286 units (the "Units") at a price of
It is expected that the majority of the proceeds will be used for general working capital purposes. The Company may use more then
Finders' fees of 8 per cent in cash and 8 per cent in finders' warrants will be paid in connection with the private placement for certain investors.
The financing is subject to TSX-V approval. The Units shall be subject to the statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.
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 www.decaderesources.ca 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 https://www.newsfilecorp.com/release/223026
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