Decade Plans to Complete Over-Subscribed Private Placement
BWL\426501\PP-FTU-MAR2017\4217
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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 9, 2017 TSX-V: DEC
Decade Plans to Complete Over-Subscribed Private Placement
Stewart, BC – Decade Resources Ltd. (the “Company”) is pleased to announce it has increased the size
of its previously announced private placement from $225,000 to $ 642,000. T he offering will be
comprised of 10,700,000 flow-through units, at a price of $0.06 per flow-through unit. The flow-through
units will be comprised of one flow -through common share and one common share purchase warrant,
each warrant being exercisable for the purchase of one additional common share for a two year period,
at a price of $0.08 per share.
The proceeds from the sale of the flow -through units will be expended on the Company’s properties
located in British Columbia.
There are no finder’s fees payable in connection with the private placement.
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 ("MI 61-101”). The tran saction 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 , or the consideration paid by , such persons will exceed 25% of the Company's
market capitalization.
BY ORDER OF THE BOARD OF DIRECTORS OF
DECADE RESOURCES LTD
"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.”