Decade Resources Ltd. Announces $1.5 Million Private Placement

Rhea-AI Summary

Decade Resources Ltd. (DECXF) announced a non-brokered private placement on November 4, 2025 to raise up to $1,500,000. The financing comprises 32,500,000 FT Units at $0.04 each (raising $1,300,000) and 5,000,000 NFT Units at $0.04 each (raising $200,000). FT Units include one flow-through share plus one warrant exercisable at $0.06 for two years; NFT Units include one share plus one warrant exercisable at $0.05 for three years.

FT proceeds will be spent on British Columbia projects; NFT proceeds for working capital. Finder's fees may be payable (8% cash and 8% finder's warrants). Securities are subject to TSX Venture Exchange acceptance and a four-month hold.

Positive

• $1.5M gross proceeds planned
• FT proceeds allocated to British Columbia projects
• Warrants issued provide potential additional financing at set prices

Negative

• Issuance of 37,500,000 units creates immediate share dilution
• Warrants allow up to additional dilution at $0.05–$0.06
• Finder's fees of 8% cash plus 8% finder's warrants increase financing cost

Stewart, British Columbia--(Newsfile Corp. - November 4, 2025) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is pleased to announce a non-brokered private placement financing for total gross proceeds of up to $1,500,000.

The financing will consist of:

• 32,500,000 flow-through units ("FT Units") at a price of $0.04 per FT Unit to raise gross proceeds of $1,300,000; and
• 5,000,000 non-flow-through units ("NFT Units") at a price of $0.04 per NFT Unit to raise gross proceeds of $200,000.

Each FT Unit will consist of one flow-through common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one non-flow-through common share at a price of $0.06 per share for a period of two (2) years from the date of issuance.

Each NFT Unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of $0.05 per share for a period of three (3) years from the date of issuance.

The proceeds raised from the sale of the FT Units will be expended on the company's projects located in British Columbia. Proceeds from the NFT Units will be used for general working capital and corporate purposes.

The Company may pay finder's fees to qualified parties in connection with certain subscriptions under the financing. The finder's fees will consist of a cash commission equal to 8% of the gross proceeds from those subscriptions and the issuance of finder's warrants equal to 8% of the number of applicable units sold. Each finder's warrant will be exercisable to acquire one common share at a price of $0.06 for a period of two (2) years from the date of issuance and non-transferable.

The private placement is subject to acceptance by the TSX Venture Exchange. All securities issued pursuant to the financing will be subject to a four-month hold period from the date of issuance in accordance with applicable securities laws and TSX Venture Exchange policies.

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/273090

FAQ

What did Decade Resources (DECXF) announce on November 4, 2025?

A non-brokered private placement to raise up to $1,500,000 via FT and NFT units.

How many units and at what prices are being offered in the DECXF financing?

32,500,000 FT Units at $0.04 and 5,000,000 NFT Units at $0.04.

What are the warrant terms in the DECXF private placement?

FT Unit warrants: $0.06 exercisable for 2 years; NFT Unit warrants: $0.05 exercisable for 3 years.

How will Decade Resources (DECXF) use the proceeds from the financing?

FT proceeds will be spent on the company's British Columbia projects; NFT proceeds for working capital and corporate purposes.

Are there finder's fees in the DECXF financing and what are they?

Finder's fees may be paid equal to 8% cash of applicable subscriptions plus 8% finder's warrants.

Is the Decade Resources (DECXF) private placement subject to regulatory approval?

Yes; all securities are subject to acceptance by the TSX Venture Exchange and a four-month hold period.