Decade Increases Non-Brokered Private Placement
Decade Resources (TSXV: DEC) has increased its non-brokered private placement to 29,714,286 units at $0.035 per unit, aiming to raise $1,040,000. Each unit includes 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 focuses on mineral exploration in British Columbia's 'Golden Triangle' area.
Decade Resources (TSXV: DEC) ha aumentato la sua offerta privata senza intermediari a 29.714.286 unità a $0,035 per unità, con l'obiettivo di raccogliere $1.040.000. Ogni unità include un'azione comune e un warrant per l'acquisto di azioni, esercitabile per cinque anni a $0,06 per azione. La maggior parte dei proventi sarà utilizzata per capitale circolante generale, con oltre il 10% potenzialmente assegnato all'esplorazione delle proprietà in BC. Saranno pagate commissioni di intermediazione dell'8% in contante e warrant per alcuni investitori. Il finanziamento è soggetto all'
Decade Resources (TSXV: DEC) ha incrementado su colocación privada no intermediada a 29,714,286 unidades a $0.035 por unidad, con el objetivo de recaudar $1,040,000. Cada unidad incluye una acción común y una garantía de compra de acciones, ejercitable por cinco años a $0.06 por acción. La mayoría de los ingresos se utilizarán para capital de trabajo general, con más del 10% potencialmente asignado a la exploración de propiedades en BC. Se pagarán comisiones de buscadores del 8% en efectivo y garantías para ciertos inversores. El financiamiento está sujeto a la aprobación de TSX-V y a un periodo de retención legal de cuatro meses. Decade Resources se centra en la exploración mineral en el área del 'Golden Triangle' de Columbia Británica.
Decade Resources (TSXV: DEC)는 비중개 사모 배치를 29,714,286 단위로 단위당 $0.035에 증가시켰으며, $1,040,000을 모금하는 것을 목표로 하고 있습니다. 각 단위에는 하나의 보통주와 주식 매수 워런트가 포함되어 있으며, 이는 주당 $0.06에 5년 동안 행사 가능합니다. 대부분의 수익금은 일반 운영 자금으로 사용되며, 10% 이상은 BC 속성 탐사에 배정될 수 있습니다. 특정 투자자에게는 현금과 워런트로 8%의 수수료가 지급됩니다. 이 자금 조달은 TSX-V의 승인과 4개월 법적 보유 기간에 따라야 합니다. Decade Resources는 브리티시컬럼비아의 '골든 트라이앵글' 지역에서 광물 탐사에 주력하고 있습니다.
Decade Resources (TSXV: DEC) a augmenté son placement privé sans courtage à 29 714 286 unités à $0,035 par unité, visant à lever $1 040 000. Chaque unité comprend une action ordinaire et un bon de souscription d'actions, exerçable pendant cinq ans à $0,06 par action. La majorité des produits sera utilisée pour le capital de travail général, avec potentiellement plus de 10% alloués à l'exploration des propriétés en Colombie-Britannique. Des frais de recherche de 8% en espèces et des bons seront versés pour certains investisseurs. Le financement est soumis à l'approbation de la TSX-V et à une période de blocage légale de quatre mois. Decade Resources se concentre sur l'exploration minérale dans la région du 'Golden Triangle' en Colombie-Britannique.
Decade Resources (TSXV: DEC) hat seine nicht vermittelte Privatplatzierung auf 29.714.286 Einheiten zu $0,035 pro Einheit erhöht, mit dem Ziel, $1.040.000 zu beschaffen. Jede Einheit umfasst eine Stammaktie und einen Aktienoptionsschein, der fünf Jahre lang zu $0,06 pro Aktie ausgeübt werden kann. Der Großteil der Einnahmen wird für allgemeine Betriebsmittel verwendet, wobei möglicherweise über 10% für die Erforschung von BC-Immobilien vorgesehen sind. Für bestimmte Investoren werden Findergebühren von 8% in bar und Optionen gezahlt. Die Finanzierung unterliegt der Genehmigung der TSX-V und einer viermonatigen gesetzlichen Sperrfrist. Decade Resources konzentriert sich auf die Mineralexploration im 'Goldenen Dreieck' von British Columbia.
- Increased private placement size to raise $1,040,000
- Each unit includes a share purchase warrant exercisable at $0.06 for 5 years
- Potential allocation of over 10% of funds for exploration on BC Properties
- Dilution of existing shareholders due to issuance of 29,714,286 new units
- 8% finders' fees in cash and warrants for certain investors, reducing net proceeds
Stewart, British Columbia--(Newsfile Corp. - September 18, 2024) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is increasing the size of its previously announced non-brokered private placement (the "Private Placement"), previously announced on September 9, 2024 and September 11, 2024.
The Company will now issue 29,714,286 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/223778
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