Decade Resources Ltd. Announces Closing of Private Placement Financing
Decade Resources Ltd. Announces Closing of
Private Placement Financing
Stewart, British Columbia--(Newsfile Corp. - October 9, 2025) -
Decade Resources Ltd. (TSXV:
DEC) ("Decade" or the "Company")
is pleased to announce that it has closed its previously
announced flow through private placement.
A total of 27,183,335 flow-through units were issued on a private placement basis at a price of 3 cents
per unit, for aggregate gross proceeds of $815,500.05. Each unit comprised 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 5 cents per share, for a 24-
month period.
Proceeds from the sale of flow-through units will be utilized for incurring flow-through expenses that
qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures as
defined in the Income Tax Act (Canada). Flow-through proceeds will be spent on the company's British
Columbia properties.
All securities that were issued are subject to a statutory hold period of four months from the date of
issuance, expiring February 8, 2026, in accordance with applicable securities laws.
In consideration for introducing certain subscribers to the private placement, the company paid cash
finders' fees totaling $25,880 and issued 862,666 warrants at five cents to the finders. The warrants are
exercisable for a 24-month period.
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
.
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/269869