Decade Announces Non-Brokered Private Placement

Rhea-AI Summary

Decade Resources (TSXV: DEC) (OTC: DECXF) has announced a non-brokered private placement to raise up to $1,000,000 through flow-through shares. The offering consists of up to 33,333,333 flow-through units at $0.03 per unit. Each unit includes one common share and one transferable warrant exercisable at $0.05 per share for 24 months.

The flow-through shares qualify for the 15% Mineral Exploration Tax Credit (METC) and may be eligible for the new 30% Critical Mineral Exploration Tax Credit (CMETC) for specified minerals. Proceeds will be used for the company's projects in British Columbia's "Golden Triangle" area.

Positive

• Flow-through structure offers tax benefits to investors through METC and potential CMETC credits
• Warrants provide additional upside potential at $0.05 per share
• Funds will advance exploration in the resource-rich Golden Triangle region

Negative

• Significant dilution with 33,333,333 new units being issued
• Additional dilution possible through warrant exercise
• Finders' fees may reduce net proceeds from the offering

Stewart, British Columbia--(Newsfile Corp. - August 27, 2025) - Decade Resources Ltd. (TSXV: DEC) (OTC Pink: DECXF) ("Decade" or the Company) is pleased to announce a non-brokered private placement of flow-through shares to raise aggregate gross proceeds of up to $1,000,000.

The flow-through offering will comprise of up to 33,333,333 flow-through units, at a price of $0.03 per flow-through unit, for gross proceeds of up to $1,000,000. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.05 per share, for a 24-month period. The federal proposal for the Mineral Exploration Tax Credit (METC) provides an additional income tax benefit for individuals who invest in mining flow-through shares, which augments the tax benefits associated with the deductions that are flowed through. The METC is equal to 15 per cent of specified mineral exploration expenses incurred in Canada and renounced to flowthrough share investors. The 2022 Budget proposed to introduce a new 30-percent Critical Mineral Exploration Tax Credit (CMETC) for specified minerals. The specified minerals that would be eligible for the CMETC are: copper, nickel, lithium, cobalt, graphite, rare earth elements, scandium, titanium, gallium, vanadium, tellurium, magnesium, zinc, platinum group metals and uranium. These minerals are used in the production of batteries and permanent magnets, both of which are used in zero-emission vehicles or are necessary in the production and processing of advanced materials, clean technology, or semi-conductors.

Finders' fees may be payable in connection with the private placement.

The proceeds from the sale of the flow-through shares will be expended on the company's projects located in British Columbia.

Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is responsible for the contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the Company.

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/264073

FAQ

What is the size and price of Decade Resources' (DECXF) private placement?

Decade Resources is offering up to 33,333,333 flow-through units at $0.03 per unit to raise up to $1,000,000.

What are the terms of the warrants in Decade Resources' private placement?

Each unit includes one transferable warrant exercisable at $0.05 per share for a 24-month period.

What tax benefits are available for Decade Resources' flow-through shares?

Investors can benefit from the 15% Mineral Exploration Tax Credit (METC) and potentially the new 30% Critical Mineral Exploration Tax Credit (CMETC) for specified minerals.

How will Decade Resources (DECXF) use the private placement proceeds?

The proceeds will be used for exploration of the company's projects located in British Columbia's Golden Triangle area.

What minerals are eligible for the Critical Mineral Exploration Tax Credit?

Eligible minerals include copper, nickel, lithium, cobalt, graphite, rare earth elements, scandium, titanium, gallium, vanadium, tellurium, magnesium, zinc, platinum group metals and uranium.