Decade Resources Closes Private Placement for Total Gross Proceeds of $255,000
Decade Resources (TSXV: DEC) has successfully closed its private placement, raising gross proceeds of $255,000 through the issuance of 8.5 million units at $0.03 per unit. Each unit consists of one common share and one transferable warrant, exercisable at $0.05 per share for 5 years.
The company paid $20,400 in finder's fees and issued 680,000 warrants with a 2-year term. The proceeds will primarily support general working capital, with potential allocation of over 10% towards exploration of BC Properties. All securities are subject to a four-month hold period ending January 17, 2026.
Decade Resources (TSXV: DEC) ha chiuso con successo la sua private placement, raccogliendo proventi lordi di $255,000 tramite l'emissione di 8,5 milioni di unità a $0.03 per unità. Ogni unità include una azione ordinaria e un warrant trasferibile, esercitabile a $0.05 per azione per 5 anni.
La società ha pagato $20,400 in commissioni agli intermediari e ha emesso 680,000 warrants con una scadenza di 2 anni. I proventi verranno principalmente utilizzati per il capitale circolante generale, con potenziale assegnazione di oltre il 10% allo sfruttamento delle BC Properties. Tutti i titoli sono soggetti a un periodo di lock-up di quattro mesi che termina 17 gennaio 2026.
Decade Resources (TSXV: DEC) ha cerrado con éxito su colocación privada, obteniendo ingresos brutos de $255,000 mediante la emisión de 8,5 millones de unidades a $0.03 por unidad. Cada unidad consta de una acción ordinaria y una warrant transferible, ejercitable a $0.05 por acción durante 5 años.
La empresa pagó $20,400 en comisiones de colocación y emitió 680,000 warrants con un plazo de 2 años. Los ingresos se destinarán principalmente a capital de trabajo general, con una posible asignación de más del 10% a la exploración de BC Properties. Todos los valores están sujetos a un periodo de retención de cuatro meses que vence el 17 de enero de 2026.
Decade Resources (TSXV: DEC) 은 개인 배정을 성공적으로 마감하여 $255,000의 총수익을 0.03달러당 단위 850만 개의 발행으로 달성했습니다. 각 단위는 보통주 1주와 양도 가능한 워런트 1개로 구성되며, 주당 0.05달러에 5년간 행사할 수 있습니다.
회사는 중개수수료로 $20,400를 지급했고 2년 만기의 680,000개의 워런트를 발행했습니다. 수익은 주로 일반 운전자본에 사용될 것이며, BC Properties 탐사에 10% 이상 배정될 가능성이 있습니다. 모든 증권은 2026년 1월 17일에 종료되는 4개월 간의 락-업 기간의 적용을 받습니다.
Decade Resources (TSXV: DEC) a clôturé avec succès son placement privé, levant des produits bruts de $255,000 par l’émission de 8,5 millions d’unités à $0.03 l’unité. Chaque unité comprend une action ordinaire et un warrant transférable, exercitable à $0.05 par action pendant 5 ans.
La société a payé $20,400 de commissions d’intermédiaire et a émis 680,000 warrants avec une durée de 2 ans. Les produits serviront principalement au fonds de roulement général, avec une possible affectation de plus de 10% à l’exploration des BC Properties. Tous les titres sont soumis à une période de détention de quatre mois se terminant le 17 janvier 2026.
Decade Resources (TSXV: DEC) hat erfolgreich seine Privatplatzierung abgeschlossen und Bruttoerlöse von $255,000 durch die Emission von 8,5 Millionen Einheiten zu $0,03 pro Einheit erzielt. Jede Einheit besteht aus einer Stammaktie und einem übertragbaren Warrant, der mit $0,05 pro Aktie für 5 Jahre ausgeübt werden kann.
Das Unternehmen zahlte $20,400 Findergebühren und gab 680,000 Warrants mit einer Laufzeit von 2 Jahren aus. Die Erlöse dienen hauptsächlich der allgemeinen Betriebsmittelzuführung, mit der Möglichkeit, mehr als 10% der Mittel der Exploration der BC Properties zuzuweisen. Alle Wertpapiere unterliegen einer viermonatigen Haltedauer, die am 17. Januar 2026 endet.
Decade Resources (TSXV: DEC) قد أغلقت بنجاح طرحها الخاص، محققة عوائد إجمالية قدرها $255,000 من خلال إصدار 8.5 مليون وحدة بسعر $0.03 للوحدة. كل وحدة تتكون من سهم عادي و**سند قابل للتحويل قابل للنقل**، قابل للتنفيذ بسعر $0.05 للسهم لمدة 5 سنوات.
دفعت الشركة $20,400 عمولات للمستشارين وأصدرت 680,000 سنداً قابلاً للتحويل لمدة سنتين. ستوجه العائدات أساساً نحو رأس المال العامل العام، مع احتمال تخصيص أكثر من 10% لاستكشاف ممتلكات BC. جميع الأوراق المالية تخضع لفترة حظر مدتها أربعة أشهر وتنتهي في 17 يناير 2026.
Decade Resources (TSXV: DEC) 已成功完成私募配售，通过发行8,000,000单位、每单位$0.03，募集毛额$255,000。每单位包含1股普通股和1份可转让认股权证，行使价为每股$0.05，期限为5年。
公司支付了$20,400的酌情佣金，并发行了680,000份认股权证，期限为2年。募集资金将主要用于一般经营资本，且对BC Properties的勘探可能分配超过10%。所有证券均受四个月锁定期约束，锁定期于2026年1月17日结束。
- Raised $255,000 in fresh capital through private placement
- 5-year warrant term provides long-term potential upside for investors
- Flexibility to allocate funds for BC Properties exploration
- Significant dilution with 8.5 million new units issued
- Additional dilution from 680,000 finder's warrants
- Relatively small raise amount may require additional future funding
Stewart, British Columbia--(Newsfile Corp. - September 17, 2025) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is pleased to announce that it has closed its previously announced private placement.
A total of 8,500,000 units were issued on a private placement basis at a price of 3 cents per unit, for aggregate gross proceeds of
It is expected that the majority of the proceeds will be used for general working capital purposes. The Company may use more then
All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring January 17, 2026, in accordance with applicable securities laws.
In consideration for introducing the subscribers to the private placement, the company paid a cash finder's fee totaling
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/266649
FAQ
What are the terms of Decade Resources' (TSXV: DEC) September 2025 private placement?
How will Decade Resources use the proceeds from its $255,000 private placement?
What finder's fees did Decade Resources pay for the private placement?
When does the hold period expire for Decade Resources' private placement securities?
Where are Decade Resources' properties located?
