Decade Extends Previously Announced Non-Brokered Private Placement of Flow-Through Units
Not for distribution to U.S. news wire services or dissemination in the United States. DECADE RESOURCES LTD.
611 - 8th Street Stewart, British Columbia, V0T 1W0
Telephone: (250) 636-2264 Fax: (250) 636-2265
NEWS RELEASE
October 16, 2018 TSX-V: DEC
Decade Extends Previously Announced Non-Brokered Private Placement of Flow-Through Units
Stewart, BC – Decade Resources Ltd. (the “Company”) reports that, further to a previously announced non-brokered private placement of flow-through units at a price of $0.065 per unit to raise up to $650,000, the first tranche of which closed on September 18, 2018, it is extending the private placement for a further thirty days. Each unit consists of one flow-through common share of the Company and one transferable non-flow-through common share purchase warrant. Each warrant entitles the holder to purchase, for a period of 24 months, one additional common share of the Company, at a price of $0.08 per share.
BY ORDER OF THE BOARD OF DIRECTORS OF DECADE RESOURCES LTD
"Randolph Kasum"
Randolph Kasum Director
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 information. Forward-looking information addresses future events and conditions and therefore involves inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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