STOCK TITAN

Decade Resources Ltd. Announces Closing of Private Placement Financing

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
private placement

Decade Resources (TSXV: DEC / OTC: DECXF) closed a flow-through private placement on October 9, 2025, issuing 27,183,335 flow-through units at $0.03 per unit for aggregate gross proceeds of $815,500.05.

Each unit included one flow-through common share and one transferable warrant exercisable at $0.05 for 24 months. Proceeds will fund qualifying Canadian exploration and critical mineral expenditures on the company’s British Columbia properties in the Golden Triangle. All securities are subject to a four-month hold expiring February 8, 2026. The company paid cash finders’ fees of $25,880 and issued 862,666 five-cent warrants to finders.

Decade Resources (TSXV: DEC / OTC: DECXF) ha chiuso un collocamento privato flow-through il 9 ottobre 2025, emettendo 27,183,335 unità flow-through a $0.03 per unità per un importo lordo complessivo di $815,500.05.

Ogni unità comprendeva una azione ordinaria flow-through e una warrant trasferibile esercitabile a $0.05 per 24 mesi. I proventi saranno destinati a finanziare spese di esplorazione canadesi ammissibili e attività legate a minerali critici sulle proprietà dell'azienda in British Columbia nella Golden Triangle. Tutte le securità sono soggette a una lock-up di quattro mesi in scadenza 8 febbraio 2026. La società ha pagato commissioni in contanti agli intermediari per $25,880 e ha emesso 862,666 warrant da cinque centesimi agli intermediari.

Decade Resources (TSXV: DEC / OTC: DECXF) cerró una colocación privada de tipo flow-through el 9 de octubre de 2025, emitiendo 27,183,335 unidades flow-through a $0.03 por unidad para un monto bruto agregado de $815,500.05.

Cada unidad incluía una acción común flow-through y un warrant transferible exercitable a $0.05 por 24 meses. Los ingresos financiarán gastos de exploración canadienses elegibles y actividades de minerales críticos en las propiedades de la empresa en British Columbia, en el Golden Triangle. Todas las valores están sujetas a un periodo de retención de cuatro meses que expira 8 de febrero de 2026. La empresa pagó comisiones en efectivo a los buscadores por $25,880 y emitió 862,666 warrants de cinco centavos a los buscadores.

Decade Resources (TSXV: DEC / OTC: DECXF)은 2025년 10월 9일에 흐름-스루(flow-through) 프라이빗 플레이먼트를 마감하고 27,183,335 유닛을 $0.03에 발행하여 총 모집액 $815,500.05를 달성했습니다.

각 유닛에는 흐름-스루 보통주 한 주와 $0.05에 행사 가능한 양도 가능한 워런트가 24개월 동안 포함됩니다. 모금액은 Golden Triangle에 위치한 British Columbia의 자원 탐사에 해당하는 지출을 지원합니다. 모든 증권은 2026년 2월 8일에 만료되는 4개월의 봉인기간의 적용을 받습니다. 회사는 중개 수수료로 현금 $25,880를 지불했고, 찾는 이들(finders)에게 862,666개의 5센트 워런트를 발행했습니다.

Decade Resources (TSXV: DEC / OTC: DECXF) a clôturé un placement privé en flow-through le 9 octobre 2025, émettant 27,183,335 unités flow-through à $0.03 par unité pour un produit brut total de $815,500.05.

Chaque unité comprenait une action ordinaire flow-through et un warrant transférable exerçable à $0.05 pendant 24 mois. Les fonds serviront à financer les dépenses d’exploration admissibles au Canada et les minéraux critiques sur les propriétés de l’entreprise en Colombie-Britannique dans le Golden Triangle. Tous les titres sont soumis à une période de blocage de quatre mois expiant le 8 février 2026. La société a versé des frais aux investisseurs en espèces de $25,880 et a émis 862,666 warrants à cinq cents aux investisseurs.

Decade Resources (TSXV: DEC / OTC: DECXF) hat am 9. Oktober 2025 eine Flow-Through-Privatplatzierung abgeschlossen und 27,183,335 Flow-Through-Einheiten zu $0.03 pro Einheit emittiert, was brutto $815,500.05 einbringt.

Jede Einheit enthielt eine Flow-Through-Common-Share und eine übertragbare Wandelanleihe, die für $0.05 für 24 Monate ausübbar ist. Die Erlöse dienen der qualifizierten kanadischen Explorations- und Critical-Memeral-Ausgaben auf den BC-Objekten im Golden Triangle. Alle Wertpapiere unterliegen einer Vier-Monats-Haltedauer, die am 8. Februar 2026 endet. Das Unternehmen zahlte Barfindergebühren von $25,880 und issued 862,666 Fünf-Cent-Warrants an Finder.

Decade Resources (TSXV: DEC / OTC: DECXF) أغلقت عملية طرح خاص من النوع flow-through في 9 أكتوبر 2025، وأصدرت 27,183,335 وحدة flow-through بقيمة $0.03 للوحدة لإجمالي عائدات مجملة قدرها $815,500.05.

كل وحدة تتضمن سهماً عادياً من النوع flow-through ومشتري قابل للنقل قابل للإعتماد بممارسة بسعر $0.05 لمدة 24 شهراً. ستُستخدم العائدات لتمويل المصروفات الخاصة بالاستكشاف الكندي المؤهلة وعمليات المعادن الحرجة على ممتلكات الشركة في كولومبيا البريطانية ضمن مثلث Golden Triangle. جميع الأوراق المالية خاضعة لتجميد لمدة أربعة أشهر ينتهي 8 فبراير 2026. دفعت الشركة عمولات للمستشارين النقدية قدرها $25,880 وأصدرت 862,666 وارنټس بخمس سنتات للمستشارين.

Decade Resources (TSXV: DEC / OTC: DECXF) 于2025年10月9日完成一项flow-through私募配售,发行了27,183,335份flow-through单位,单价为$0.03,总毛额募集资金为$815,500.05

每份单位包含一份flow-through普通股与一份可转让的认股权证,行使价为$0.05,有效期为24个月。募集资金将用于资助加拿大合格勘探及在Golden Triangle的不列颠哥伦比亚省的关键矿产相关支出。所有证券均受四个月锁定期约束,锁定期于2026年2月8日到期。公司已向介绍人支付现金手续费$25,880,并向介绍人发行了862,666份五分钱认股权证。

Positive
  • Gross proceeds of $815,500.05 raised for exploration
  • Issued 27,183,335 flow-through units at $0.03
  • Proceeds dedicated to qualifying Canadian exploration on BC Golden Triangle properties
  • Finder fees structured as cash ($25,880) plus 862,666 warrants
Negative
  • Up to 28,046,001 additional shares could be issued on warrant exercise at $0.05
  • Issued securities subject to statutory hold until February 8, 2026, limiting near-term liquidity
  • Cash finders' fees of $25,880 and issued finder warrants increase financing cost and potential dilution

Stewart, British Columbia--(Newsfile Corp. - October 9, 2025) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the "Company") is pleased to announce that it has closed its previously announced flow through private placement.

A total of 27,183,335 flow-through units were issued on a private placement basis at a price of 3 cents per unit, for aggregate gross proceeds of $815,500.05. Each unit comprised one flow-through common share and one transferable non-flow-through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of 5 cents per share, for a 24-month period.

Proceeds from the sale of flow-through units will be utilized for incurring flow-through expenses that qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures as defined in the Income Tax Act (Canada). Flow-through proceeds will be spent on the company's British Columbia properties.

All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring February 8, 2026, in accordance with applicable securities laws.

In consideration for introducing certain subscribers to the private placement, the company paid cash finders' fees totaling $25,880 and issued 862,666 warrants at five cents to the finders. The warrants are exercisable for a 24-month period.

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.

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/269869

FAQ

What did Decade Resources (DECXF) announce on October 9, 2025 about its financing?

Decade Resources closed a flow-through private placement issuing 27,183,335 units at $0.03 for gross proceeds of $815,500.05.

How many warrants were issued in Decade Resources' October 2025 private placement (DECXF)?

The placement included one warrant per unit plus finder warrants, totaling up to 28,046,001 warrants exercisable at $0.05 for 24 months.

When do the newly issued Decade Resources securities become tradable (DECXF)?

All securities are subject to a statutory hold period expiring on February 8, 2026.

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

Proceeds will be used to incur qualifying Canadian exploration expenses and critical mineral expenditures on the company’s British Columbia properties.

What cash costs did Decade Resources incur to complete the private placement (DECXF)?

The company paid cash finders' fees of $25,880 and issued 862,666 finder warrants at $0.05.

What is the warrant exercise price and term from Decade Resources' financing (DECXF)?

Warrants are exercisable at $0.05 per share for a 24-month period following issuance.
Decade Resources

OTC:DECXF

DECXF Rankings

DECXF Latest News

DECXF Stock Data

3.18M
142.78M
17.51%
5.4%
Other Industrial Metals & Mining
Basic Materials
Link
Canada
Stewart