Decade Plans to Complete over-Subscribed Private Pl Acement
BWL\426501\PP 2018-05-FT-NFT\4303
Not for distribution to U.S. news wire services or dissemination in the United
States.
DECADE RESOURCES LTD.
611 - 8th Street
Stewart, British Columbia, V0T 1W0
Telephone: (250) 636-2264 Fax: (250) 636-2265
NEWS RELEASE
June 29, 2020 TSX-V: DEC
DECADE PLANS TO COMPLETE OVER-SUBSCRIBED PRIVATE PL ACEMENT
Stewart, BC - Decade Resources Ltd. (the “Company”) has increased the size of its previ-
ously announced private placement from $800,000 to $1,200,000. The offering will com-
prise 24 million flow-through units, at a price of five cents per flow-through unit. 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 exercisable for the
purchase of one additional common share, at a price of $0.08 per share, for a two year pe-
riod.
The proceeds from the sale of the flow-through units will be expended on the company's
properties located in British Columbia.
The company might pay finders' fees in connection with the private placement, in accord-
ance with TSX Venture Exchange policies.
Certain directors and officers of the company may participate in the private placement. Any
such participation would be considered to be a related party transaction as defined under
Multilateral Instrument 61-101. The transaction will be exempt from the formal valuation
and minority shareholder approval requirements of MI 61-101 as neither the fair market
value of any securities issued to, nor the consideration paid by, such persons will exceed 25
per cent of the company's market capitalization.
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 upd ated. For investor information please
call 250-636-2264 or Gary Assaly at 604-377-7969.
BY ORDER OF THE BOARD OF DIRECTORS OF
DECADE RESOURCES LTD
"Ed Kruchkowski"
Ed Kruchkowski,
Director
“Neither the TSX Venture Exchange nor its Regulatio n 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.”
- 2 -
BWL\426501\PP 2018-05-FT-NFT\4303
This news release may contain forward–looking infor mation. Forward-looking information addresses futur e events and conditions and
therefore involves inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.