Decade Resources Secures $1.17 Million in Private Placement Funding

Decade Resources Ltd. has successfully closed a private placement, generating total gross proceeds of $1,170,000. This funding will support the company’s ongoing mineral exploration efforts in British Columbia’s “Golden Triangle” region.

The company issued a total of 24,250,000 flow-through units at a price of 4 cents per unit, resulting in aggregate gross proceeds of $970,000. Each flow-through unit consists of one common share and one non-flow-through common share purchase warrant, with each warrant exercisable for the purchase of an additional common share at a price of $0.06 per share for a period of 24 months. Additionally, 5,000,000 non-flow-through units were issued, also at 4 cents per unit, yielding gross proceeds of $200,000. These units include one common share and one warrant, with the latter being exercisable at the same share price for 36 months.

100% of the proceeds from the sale of flow-through units will be allocated towards qualifying Canadian exploration expenses and critical mineral mining expenditures, as defined in the Income Tax Act (Canada). This funding will specifically support Decade’s projects located in British Columbia. The proceeds from the non-flow-through units will be utilized for general working capital, with the company clarifying that no funds will be directed towards payments to non-arm’s-length parties or individuals involved in investor relations.

All securities issued are subject to a statutory hold period of four months from the date of issuance, which will expire on March 22, 2026, in compliance with applicable securities laws. To compensate for introducing certain subscribers to the private placement, Decade Resources incurred cash finder’s fees totaling $86,800 and issued 2,170,000 warrants to the finders. These warrants are also exercisable at $0.06 for a period of 24 months, expiring on November 21, 2027.

Founded in Canada, Decade Resources Ltd. is dedicated to mineral exploration, actively pursuing opportunities in the resource sector. The company maintains several properties at various stages of development, ranging from grassroots exploration to more advanced projects. For further details about the company’s assets and ongoing developments, interested parties can visit the official website at www.decaderesources.ca, which is currently under revision.

For investor inquiries, individuals can reach out to Decade Resources directly at 250-636-2264 or contact Gary Assaly at 604-377-7969.

ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
Ed Kruchkowski
President

The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the adequacy or accuracy of this release. This announcement may contain forward-looking statements that address future events and conditions, which inherently carry risks and uncertainties. Actual results may differ materially from those currently anticipated.