Decade Announces Non-Brokered Private Placement of 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
September 25, 2018 TSX-V: DEC
Decade Announces Non-Brokered Private Placement of Units
Stewart, BC – Decade Resources Ltd. (the “Company”) is pleased to announce it is using its best efforts to complete a non-brokered private placement of units to raise aggregate gross proceeds of up to $500,000.
The offering will be comprised of up to 10,000,000 units, at a price of $0.05 per unit, for gross proceeds of up to $500,000. Each unit will be comprised of one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.055 per share, for a three year period.
The proceeds from the sale of the units will be used expended on the Company's Red Cliff property and for working capital purposes.
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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