Flow-Through Non-Brokered Private Placement to Raise up to $1,200,000
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DECADE RESOURCES LTD.
(the “Company”)
611 - 8th Street Stewart, British Columbia V0T 1W0 Telephone: (250) 636-2264 Fax: (250) 636-2265
NEWS RELEASE
June 1, 2012 Trading Symbol: TSXV-DEC
Flow-Through Non-Brokered Private Placement to Raise up to $1,200,000
The Company is pleased to announce it is using its best efforts to complete a flow-through private placement to raise proceeds of up to $1,200,000. The offering will be comprised of up to 24,000,000 flow-through units, at a price of $0.05 per unit. The units will be comprised of one flow-through common share and one transferable, non-flow-through warrant, each warrant being exercisable for the purchase of one additional share, at a price of $0.10 per share, for a two year period. No finders’ fees are payable.
Proceeds of the offerings will be expended on further exploration on the Company's Red Cliff property located in British Columbia.
Directors and officers of the Company will participate in the private placement.
Decade Resources Ltd. is a Canadian-based mineral exploration company whose activities are in the Stewart area of British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS
"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.
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