Decade Announces Non-Brokered Private Placement

Decade Announces Non-Brokered Private

Placement

Stewart, British Columbia--(Newsfile Corp. - December 17, 2024) - Decade Resources Ltd. (TSXV:

DEC) ("Decade" or the Company) is pleased to announce a non-brokered private placement of flow-

through shares to raise aggregate gross proceeds of up to $125,000.

The flow-through offering will comprise of 2,500,000 flow-through units, at a price of $0.05 per flow-

through unit, for gross proceeds of $125,000. Each unit will comprise one common share and one

transferable 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 24-month period. The federal proposal for

the Mineral Exploration Tax Credit (METC) provides an additional income tax benefit for individuals who

invest in mining flow-through shares, which augments the tax benefits associated with the deductions that

are flowed through. The METC is equal to 15 per cent of specified mineral exploration expenses

incurred in Canada and renounced to flowthrough share investors. The proposed 2022 Budget proposed

to introduce a new 30-percent Critical Mineral Exploration Tax Credit (CMETC) for specified minerals.

The specified minerals that would be eligible for the CMETC are: copper, nickel, lithium, cobalt, graphite,

rare earth elements, scandium, titanium, gallium, vanadium, tellurium, magnesium, zinc, platinum group

metals and uranium. These minerals are used in the production of batteries and permanent magnets,

both of which are used in zero-emission vehicles or are necessary in the production and processing of

advanced materials, clean technology, or semi-conductors.

Finders' fees may be payable in connection with the private placement.

The proceeds from the sale of the flow-through shares will be expended on the company's projects

located in British Columbia.

Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is responsible for the

contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the

Company.

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/234213