Decade Resources Closes Private Placement for Total Gross Proceeds of $1,040,000
Decade Resources (TSXV: DEC) has successfully closed its previously announced private placement, raising gross proceeds of $1,040,000. The company issued 29,714,286 units at 3.5 cents per unit, with each unit comprising one common share and one transferable common share purchase warrant. The warrants are exercisable at $0.06 per share for a 5-year period.
The majority of the proceeds will be used for general working capital purposes, with the possibility of allocating over 10% towards exploration on BC Properties. The company paid a cash finder's fee of $71,400 and issued 2,040,000 warrants at $0.06 to a finder. All securities issued have a statutory hold period until January 31, 2025.
Decade Resources also announced that there will not be a Tranche 2 of its Flow Through PP, as the company has sufficient funding to complete the Del Norte option.
Decade Resources (TSXV: DEC) ha chiuso con successo il collocamento privato precedentemente annunciato, raccogliendo proventi lordi di $1.040.000. L'azienda ha emesso 29.714.286 unità a 3,5 centesimi per unità, con ogni unità composta da un'azione comune e un warrant di acquisto trasferibile di azioni comuni. I warrant sono esercitabili a $0,06 per azione per un periodo di 5 anni.
La maggior parte dei proventi sarà utilizzata per scopi generali di capitale circolante, con la possibilità di destinare oltre il 10% all'esplorazione delle proprietà in BC. L'azienda ha pagato una commissione in contanti di $71.400 e ha emesso 2.040.000 warrant a $0,06 a un intermediario. Tutti i titoli emessi hanno un periodo di bloccaggio statutario fino al 31 gennaio 2025.
Decade Resources ha anche annunciato che non ci sarà un Tranche 2 del suo PP Flow Through, poiché l'azienda dispone di finanziamenti sufficienti per completare l'opzione Del Norte.
Decade Resources (TSXV: DEC) ha cerrado con éxito la colocación privada previamente anunciada, recaudando ingresos brutos de $1,040,000. La empresa emitió 29,714,286 unidades a 3.5 centavos por unidad, donde cada unidad consiste en una acción común y un warrant de compra de acciones comunes transferible. Los warrants son ejercitables a $0.06 por acción durante un periodo de 5 años.
La mayoría de los ingresos se utilizarán para fines generales de capital de trabajo, con la posibilidad de destinar más del 10% a la exploración de propiedades en BC. La empresa pagó una comisión en efectivo de $71,400 y emitió 2,040,000 warrants a $0.06 para un intermediario. Todos los valores emitidos tienen un período de retención legal hasta el 31 de enero de 2025.
Decade Resources también anunció que no habrá una Tranche 2 de su PP Flow Through, ya que la empresa tiene suficiente financiación para completar la opción Del Norte.
Decade Resources (TSXV: DEC)는 이전에 발표된 사모 배정을 성공적으로 마감하였으며, 총 수익 1,040,000 달러를 기록하였습니다. 회사는 29,714,286 유닛을 유닛당 3.5센트에 발행하였으며, 각 유닛은 보통주 1주와 양도 가능한 보통주 매수권 1개로 구성됩니다. 이 매수권은 5년 동안 주당 $0.06에 행사할 수 있습니다.
대부분의 수익금은 일반 운영 자본용으로 사용될 것입니다, 10% 이상을 BC 부동산 탐사에 할당할 가능성도 있습니다. 회사는 현금 중개 수수료 71,400 달러를 지급하였고, 중개인에게 2,040,000 개의 매수권을 $0.06에 발행하였습니다. 발행된 모든 증권은 2025년 1월 31일까지 법정 보유 기간이 있습니다.
Decade Resources는 또한 Flow Through PP의 트랜치 2가 없음을 발표하였는데, 이는 회사가 Del Norte 옵션을 완료할 수 있는 충분한 자금을 확보하였기 때문입니다.
Decade Resources (TSXV: DEC) a clôturé avec succès l'émission privée précédemment annoncée, levant des produits bruts de 1 040 000 $. La société a émis 29 714 286 unités à 3,5 cents par unité, chaque unité comprenant une action ordinaire et un bon de souscription transférable pour actions ordinaires. Les bons de souscription sont exerçables à 0,06 $ par action pendant une période de 5 ans.
La majorité des produits sera utilisée pour des besoins généraux en fonds de roulement, avec la possibilité de consacrer plus de 10 % à l'exploration des propriétés en Colombie-Britannique. La société a payé une commission en espèces de 71 400 $ et a émis 2 040 000 bons de souscription à 0,06 $ à un intermédiaire. Tous les titres émis ont une période de blocage légale jusqu'au 31 janvier 2025.
Decade Resources a également annoncé qu'il n'y aura pas de Tranche 2 de son PP Flow Through, car la société dispose de financements suffisants pour compléter l'option Del Norte.
Decade Resources (TSXV: DEC) hat die zuvor angekündigte Privatplatzierung erfolgreich abgeschlossen und brutto Einnahmen von 1.040.000 US-Dollar erzielt. Das Unternehmen hat 29.714.286 Einheiten zu 3,5 Cent pro Einheit ausgegeben, wobei jede Einheit aus einer Stammaktie und einem übertragbaren Kaufwarrant für Stammaktien besteht. Die Warrants können für 0,06 US-Dollar pro Aktie über einen Zeitraum von 5 Jahren ausgeübt werden.
Der Großteil der Einnahmen wird für allgemeine Betriebskapitalzwecke verwendet, wobei die Möglichkeit besteht, mehr als 10% für die Exploration von Grundstücken in BC einzuplanen. Das Unternehmen hat eine Bargeldprovision von 71.400 US-Dollar gezahlt und 2.040.000 Warrants zu 0.06 US-Dollar an einen Vermittler ausgegeben. Alle ausgegebenen Wertpapiere unterliegen einer gesetzlichen Haltedauer bis zum 31. Januar 2025.
Decade Resources hat außerdem angekündigt, dass es keine Tranche 2 ihrer Flow Through PP geben wird, da das Unternehmen ausreichende Mittel hat, um die Del Norte-Option abzuschließen.
- Raised $1,040,000 in gross proceeds through private placement
- Issued 29,714,286 units at 3.5 cents per unit
- Each unit includes a warrant exercisable at $0.06 for 5 years
- Sufficient funding to complete the Del Norte option
- Potential dilution for existing shareholders due to new share issuance
- Cash finder's fee of $71,400 and 2,040,000 warrants issued to finder
Stewart, British Columbia--(Newsfile Corp. - October 1, 2024) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is pleased to announce that it has closed its previously announced private placement.
A total of 29,714,286 units were issued on a private placement basis at a price of 3.5 cents per unit, for aggregate gross proceeds of
It is expected that the majority of the proceeds will be used for general working capital purposes. The Company may use more then
All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring Jan. 31, 2025, in accordance with applicable securities laws.
In consideration for introducing certain subscribers to the private placement, the company paid a cash finder's fee totaling
The Company further announces that there will not be a Tranche 2 of its Flow Through PP, originally announced on August 19, 2024. The first trance closed on September 11, 2024. The Company currently has enough funding to complete the Del Norte option.
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/225277
FAQ
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