Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

DEC.V ·

Decade Increases Non-Brokered Private Placement

Financings

Decade Increases Non-Brokered Private

Placement

Stewart, British Columbia--(Newsfile Corp. - September 18, 2024) - Decade Resources Ltd. (TSXV:

DEC) ("Decade" or the Company) is increasing the size of its previously announced non-brokered

private placement (the "Private Placement"), previously announced on September 9, 2024 and

September 11, 2024.

The Company will now issue 29,714,286 units (the "Units") at a price of $0.035 per Unit, for gross

proceeds of $1,040,000 (the "Private Placement"). Each Unit will consist of one common share and one

share purchase warrant, each whole share purchase warrant being exercisable for a period of five years

at a price of $0.06 per share.

It is expected that the majority of the proceeds will be used for general working capital purposes. The

Company may use more then 10% of the funds towards exploration on its BC Properties. None of the

proceeds from the financing will be used for payments to non-arm's-length parties of the company other

than normal course compensation of its officers, directors, employees and consultants as part of general

working capital purposes, or to persons conducting investor relations activities.

Finders' fees of 8 per cent in cash and 8 per cent in finders' warrants will be paid in connection with the

private placement for certain investors.

The financing is subject to TSX-V approval. The Units shall be subject to the statutory hold period of four

months plus a day from the date of issuance in accordance with applicable securities legislation.

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/223778