Decade Announces Non-Brokered Private Placement
Decade Resources (TSXV: DEC) has announced a non-brokered private placement to raise $255,000 through the issuance of 8.5 million units at $0.03 per unit. Each unit comprises one common share and one share purchase warrant, exercisable at $0.05 per share for five years.
The proceeds will primarily support general working capital, with potential allocation of over 10% towards exploration of BC Properties. The company may pay 8% finders' fees in cash and warrants for certain investors. The private placement is subject to TSX-V approval and a four-month statutory hold period.
Decade Resources (TSXV: DEC) ha annunciato un collocamento privato non tramite intermediari per raccogliere 255.000 $ tramite l’emissione di 8,5 milioni di unità al prezzo di 0,03 $ per unità. Ciascuna unità è composta da una azione ordinaria e da una warrant d’acquisto, esercitabile a 0,05 $ per azione per cinque anni.
I proventi saranno impiegati principalmente per il capitale circolante generale, con una possibile allocazione superiore al 10% per l’esplorazione delle proprietà in BC. La società potrà pagare commissioni di collocamento dell’8% in contanti e in warrant a determinati investitori. Il collocamento è soggetto all’approvazione della TSX-V e a un periodo di blocco statutario di quattro mesi.
Decade Resources (TSXV: DEC) ha anunciado una colocación privada no intermediada para recaudar 255.000 $ mediante la emisión de 8,5 millones de unidades a 0,03 $ por unidad. Cada unidad consta de una acción común y una prima de compra (warrant), ejercitable a 0,05 $ por acción durante cinco años.
Los ingresos se destinarán principalmente a capital de trabajo general, con una posible asignación superior al 10% para la exploración de las propiedades en BC. La compañía podrá pagar comisiones de colocación del 8% en efectivo y en warrants a determinados inversores. La colocación está sujeta a la aprobación de la TSX-V y a un periodo de retención estatutario de cuatro meses.
Decade Resources (TSXV: DEC)는 중개업체 없는 사모 발행을 통해 8,500,000 단위를 단가 단위당 $0.03로 발행하여 $255,000를 조달한다고 발표했습니다. 각 단위는 보통주 1주와 주당 $0.05로 5년간 행사 가능한 워런트 1매로 구성됩니다.
수익금은 주로 일반 운전자본에 사용되며, BC 광산 자산 탐사에 10% 초과 비중으로 사용할 가능성이 있습니다. 회사는 특정 투자자에게 현금 및 워런트로 8%의 소개 수수료를 지급할 수 있습니다. 이번 사모 발행은 TSX-V 승인과 4개월 간의 법정 락업(보유) 기간의 적용을 받습니다.
Decade Resources (TSXV: DEC) a annoncé un placement privé sans courtier visant à lever 255 000 $ par l’émission de 8,5 millions d’unités au prix de 0,03 $ par unité. Chaque unité comprend une action ordinaire et une garantie d’achat d’actions (warrant), exerçable à 0,05 $ par action pendant cinq ans.
Les fonds seront principalement affectés au fonds de roulement général, avec une possible affectation supérieure à 10 % pour l’exploration des propriétés en Colombie-Britannique. La société pourra verser des frais de recherche de 8 % en numéraire et en warrants à certains investisseurs. Le placement privé est soumis à l’approbation de la TSX-V et à une période de blocage statutaire de quatre mois.
Decade Resources (TSXV: DEC) hat eine nicht vermittelte Privatplatzierung angekündigt, um 255.000 $ durch die Ausgabe von 8,5 Millionen Einheiten zu je 0,03 $ pro Einheit zu beschaffen. Jede Einheit besteht aus einer Stammaktie und einem Kaufwarrant, ausübbar zu 0,05 $ pro Aktie über fünf Jahre.
Die Erlöse werden hauptsächlich zur allgemeinen Betriebsmittelfinanzierung verwendet, wobei mehr als 10% möglicherweise für die Exploration der Grundstücke in BC vorgesehen sind. Das Unternehmen kann bestimmten Investoren Vermittlungsgebühren von 8% in bar und in Warrants zahlen. Die Privatplatzierung steht unter dem Vorbehalt der Genehmigung durch die TSX-V und einer gesetzlichen Haltefrist von vier Monaten.
- Warrants have a long exercise period of 5 years
- Company maintains focus on Golden Triangle, a prominent mining region
- Significant dilution with 8.5 million new units being issued
- Low unit price of $0.03 indicates potential financial pressure
- Small raise amount of $255,000 may not provide substantial working capital
Stewart, British Columbia--(Newsfile Corp. - September 8, 2025) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is pleased to announce a non-brokered private placement of 8,500,000 units (the "Units") at a price of
It is expected that the majority of the proceeds will be used for general working capital purposes. The Company may use more then
Finders' fees of 8 per cent in cash and 8 per cent in finders' warrants may be paid in connection with the private placement for certain investors.
The financing is subject to TSX-V approval. The Units shall be subject to the statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.
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/265574
FAQ
What are the terms of Decade Resources' (TSXV: DEC) private placement announced on September 8, 2025?
How will Decade Resources use the proceeds from its $255,000 private placement?
What is the warrant exercise price and period for Decade Resources' private placement?
Are there any finder's fees associated with Decade Resources' private placement?
What is the holding period for Decade Resources' private placement units?
