Decade Announces $1.2 Million over Subscribed Private Placement; Eric Sprott to Purchase 10 Million Units

Decade Resources Ltd.

426 King Street

Stewart, BC

V0T 1W0

TSX.V Trading Symbol: DEC

NEWS RELEASE

July 6, 2020

DECADE ANNOUNCES $1.2 MILLION OVER SUBSCRIBED PRIVATE

PLACEMENT; ERIC SPROTT TO PURCHASE 10 MILLION UNITS

Stewart, BC – Decade Resources Ltd. has arranged, subject to approval from the TSX

Venture Exchange, a non-brokered private placement of up to 24 million units for gross

proceeds of up to $1.2-million. The offering will comprise 24 million flow-through units,

at a price of five cents per flow-through unit. Each flowthrough unit will be comprised of

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 $0.08 per share, for a two year period.

Mr. Eric Sprott has agreed to invest $500,000 in th e private placement, for the

acquisition of 10 million units.

Ed Kruchkowski, president of Decade, commented: "We are very pleased to welcome

Mr. Sprott as a key shareholder in our company. His investment is a strong

endorsement of our exploration efforts in testing t he gold-silver potential of the Del

Norte property optioned from Teuton Resources Corp.."

The proceeds of the private placement will be used for an exploration program at the

Del Norte gold-silver project. Finders' fees may be paid on the offering pursuant to the

policies of the TSX Venture Exchange. All securitie s issued will be subject to a four-

month hold period, which will expire on the date th at is four months and one day from

the date of issue.

The Del Norte property was optioned from Teuton Res ource Corp. in January of 2020

with terms allowing the Company to earn up to a 55% interest in the property by

spending $4 million over a five year period. The Company can an earn an additional

Ed Kruchkowski, P. Geo., a qualified person under N ational Instrument 43-101 is

responsible for the contents of this release. E. Kr uchkowski is not independent of

Decade as he is the president of the Company.

Decade Resources Ltd. is a Canadian based mineral e xploration company actively

seeking opportunities in the resource sector. Decad e 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 Com pany 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.”