Decade Closed over Subscribed Private Placement
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DECADE RESOURCES LTD.
611 - 8th Street
Stewart, British Columbia, V0T 1W0
Telephone: (250) 636 -2264 Fax: (250) 636 -2265
NEWS RELEASE
May 18 , 2017 TSX -V: DEC
DECADE CLOSED OVER SUBSCRIBED PRIVATE PLACEMENT
Stewart, BC – Decade Resources Ltd. (the “Company”) is pleased to report it has closed its
previously announced non-brokered private placement.
The Company issued a total of 10,700,000 flow-throu gh units, at a price of $0.06 per unit, to raise
gross proceeds of $642,000. Each flow-through unit consists of one flow-through common share
and one transferable warrant to purchase an additio nal common share, at $0.08 per share, until
May 18, 2019. No finder’s fees or commissions were paid in connection with the private
placement.
All of the shares, warrants and any shares issued upon exercise of the warrants comprising the units
are subject to a hold period until September 19, 20 17, except as permitted by applicable Canadian
securities laws and TSX Venture Exchange requirements.
The proceeds from the private placement will be exp ended on the Company’s mineral properties
located in British Columbia.
Edward Kruchkowski, of 23 Templeside Bay N.E., Calg ary, Alberta, T1Y 3L6, acquired ownership of
500,000 units in the private placement. Mr. Kruchk owski is a director and officer of the Company.
K-6 Consulting Group Ltd., a company in which Mr. K ruchkowski owns 100% of the issued shares,
and Mr. Kruchkowski's spouse, Hopi Kruchkowski, are deemed to be associates of Mr. Kruchkowski
pursuant to Multilateral Instrument 62-104. Immedi ately prior to the private placement,
Mr. Kruchkowski and his associates collectively held 9,881,219 common shares of the Company and
1,250,000 incentive stock options of the Company re presenting 11.55% of the Company's issued
and outstanding common shares or 12.82% on a partia lly-diluted basis assuming the exercise of his
stock options. After the private placement, Mr. Kr uchkowski and his associates collectively held
10,381,219 common shares, 500,000 warrants and 1,25 0,000 incentive stock options of the
Company representing 10.78% of the Company's issued and outstanding common shares or 12.37%
on a partially-diluted basis assuming the exercise of his stock options and warrants. The private
placement resulted in a 2.33% decrease in the share holdings of Mr. Kruchkowski and his associates
(2.55% decrease on a partially-diluted basis).
For copies of the early warning reports, please contact Mr. Kruchkowski at (250) 636-9283.
BY ORDER OF THE BOARD OF DIRECTORS OF
DECADE RESOURCES LTD
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"Randolph Kasum"
Randolph Kasum,
Director
“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.”