Decade Announces Non-Brokered Private Placement
Decade Resources (TSXV: DEC) has announced a non-brokered private placement of 30,000,000 units at $0.03 per unit, aiming to raise $900,000. Each unit includes one common share and one share purchase warrant, exercisable at $0.06 per share for 28 months. The majority of proceeds will be used for general working capital, with potential allocation of over 10% towards exploration of BC Properties. The company will pay 8% finders' fees in cash and warrants for certain investors. The private placement is subject to TSX-V approval and a four-month statutory hold period. Decade Resources focuses on mineral exploration in British Columbia's 'Golden Triangle' area.
Decade Resources (TSXV: DEC) ha annunciato un collocamento privato non riservato di 30.000.000 di unità a $0.03 per unità, con l'obiettivo di raccogliere $900.000. Ogni unità include una azione comune e un'opzione di acquisto azioni, esercitabile a $0.06 per azione per 28 mesi. La maggior parte dei proventi sarà utilizzata per capitale circolante generale, con una potenziale allocazione di oltre il 10% per l'esplorazione delle proprietà nella Columbia Britannica. L'azienda pagherà commissioni per i mediatori dell'8% in contanti e opzioni per determinati investitori. Il collocamento privato è soggetto all'approvazione del TSX-V e a un periodo di blocco statutario di quattro mesi. Decade Resources si concentra sull'esplorazione mineraria nell'area del 'Triangolo d'Oro' della Columbia Britannica.
Decade Resources (TSXV: DEC) ha anunciado un colocación privada no intermediada de 30.000.000 de unidades a $0.03 por unidad, con el objetivo de recaudar $900.000. Cada unidad incluye una acción común y un warrant de compra de acciones, ejercitable a $0.06 por acción durante 28 meses. La mayor parte de los fondos se utilizará para capital de trabajo general, con una posible asignación de más del 10% para la exploración de las propiedades en Columbia Británica. La empresa pagará comisiones del 8% en efectivo y warrants a ciertos inversores. La colocación privada está sujeta a la aprobación del TSX-V y a un período de retención legal de cuatro meses. Decade Resources se enfoca en la exploración mineral en el área del 'Triángulo Dorado' de Columbia Británica.
Decade Resources (TSXV: DEC)는 30,000,000 유닛을 유닛당 $0.03에 공개하지 않는 사모 배정을 발표하였으며, $900,000의 자금을 모집할 계획입니다. 각 유닛은 하나의 보통주와 28개월 동안 주당 $0.06에 행사 가능한 하나의 주식 매수 권리를 포함하고 있습니다. 수익금의 대부분은 일반 운전 자금으로 사용되며, 캘리포니아 주를 탐사하는 데 10% 이상이 배정될 가능성이 있습니다. 이 회사는 특정 투자자에게 8%의 탐색 수수료를 현금과 권리로 지급합니다. 이 사모 배정은 TSX-V의 승인과 4개월의 법적 유보 기간이 필요합니다. Decade Resources는 브리티시컬럼비아주의 '골든 트라이앵글' 지역에서 광물 탐사에 집중하고 있습니다.
Decade Resources (TSXV: DEC) a annoncé un placement privé non intermédiaire de 30 000 000 d'unités à 0,03 $ par unité, visant à lever 900 000 $. Chaque unité comprend une action ordinaire et un bon de souscription d'actions, exerçable à 0,06 $ par action pendant 28 mois. La majorité des produits sera utilisée pour le fonds de roulement général, avec une allocation potentielle de plus de 10 % pour l'exploration des propriétés en Colombie-Britannique. La société versera 8 % de frais de recherche en espèces et en bons de souscription à certains investisseurs. Le placement privé est soumis à l'approbation du TSX-V et à une période de blocage statutaire de quatre mois. Decade Resources se concentre sur l'exploration minérale dans la région du 'Triangle d'Or' en Colombie-Britannique.
Decade Resources (TSXV: DEC) hat eine nicht vermittelte Privatplatzierung von 30.000.000 Einheiten zu einem Preis von 0,03 $ pro Einheit angekündigt, mit dem Ziel, 900.000 $ zu sammeln. Jede Einheit umfasst eine Stammaktie und ein Aktienbezugsrecht, das für 28 Monate zu 0,06 $ pro Aktie ausgeübt werden kann. Der Großteil der Einnahmen wird für allgemeines Betriebskapital verwendet, wobei eine mögliche Zuweisung von über 10% für die Exploration von Immobilien in British Columbia vorgesehen ist. Das Unternehmen wird bestimmten Investoren 8% Findergebühren in bar und Warrants zahlen. Die Privatplatzierung unterliegt der Genehmigung durch TSX-V und einer gesetzlichen Sperrfrist von vier Monaten. Decade Resources konzentriert sich auf die Mineralexploration im 'Goldenen Dreieck' der British Columbia.
- Raising $900,000 through private placement
- Potential for additional capital through warrant exercise at $0.06 per share
- Flexibility to allocate funds for exploration of BC Properties
- Dilution of existing shareholders' ownership
- 8% finders' fees reducing net proceeds
- Subject to TSX-V approval, which may delay or prevent the financing
Stewart, British Columbia--(Newsfile Corp. - September 9, 2024) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is pleased to announce a non-brokered private placement of 30,000,000 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/222743
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