Decade Announces Non-Brokered Private Placement of Flow-Through and Non-Flow- Through Units

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DECADE RESOURCES LTD.

611 - 8 th Street

Stewart, British Columbia, V0T 1W0

Telephone: (250) 636-2264 Fax: (250) 636-2265

NEWS RELEASE

May 7, 2018 TSX-V: DEC

Decade Announces Non-Brokered Private Placement of Flow-Through and Non-Flow-

Through Units

Stewart, BC – Decade Resources Ltd. (the “Company”) is pleased to announce it is using its

best efforts to complete a non-brokered private pla cement of flow-through and non-flow-

through units to raise aggregate gross proceeds of up to $600,000.

The flow-through offering will be comprised of up t o 7,142,857 flow-through units, at a price

of $0.07 per flow-through unit, for gross proceeds of up to $500,000. Each flow-through unit

will be comprised of one flow-through common share and one transferable non-flow-through

common share purchase warrant, each warrant being e xercisable for the purchase of one

additional common share, at a price of $0.08 per sh are, for a two year period.

The offering of non-flow-through units will be comp rised of up to 1,666,666 units, at a price of

$0.06 per unit, for gross proceeds of up to $100,00 0. Each unit will be comprised of one

common share and one transferable common share purc hase warrant, each warrant being

exercisable for the purchase of one additional comm on share, at a price of $0.07 per share,

for a two year period.

The proceeds from the sale of the flow-through unit s will be expended on the Company’s

properties located in British Columbia and the proc eeds from the sale of non-flow-through

units will be used for working capital purposes.

Certain directors and officers of the Company may p articipate in the private placement. Any

such participation would be considered to be a “rel ated party transaction” as defined under

Multilateral Instrument 61-101 (“MI 61-101”). The transaction will be exempt from the formal

valuation and minority shareholder approval require ments of MI 61-101 as neither the fair

market value of any units issued to or the consider ation paid by such persons will not exceed

25% of the Company’s market capitalization. Finder s’ fees may be payable in connection

with the private placement.

Decade Resources Ltd. is a Canadian based mineral e xploration 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” a rea of northern British Columbia. For a

complete listing of the Company assets and developm ents, visit the Company website at

www.decaderesources.ca which is presently being updated. For investor inf ormation please

call 250-636-2264 or Gary Assaly at 604-377-7969.

BY ORDER OF THE BOARD OF DIRECTORS OF

DECADE RESOURCES LTD

"Randolph Kasum"

Randolph Kasum,

Director



    

   

  

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