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Financings

Decade Resources arranges $1.5-million financing

By The Northwire Desk — AI Analysis Nov 04, 2025 · 18:49 DEC · 0.04 Decade Resources Ltd.
DEC · Price

Executive Summary

  • Decade Resources Ltd. has arranged a non-brokered private placement financing with total gross proceeds of up to $1.5 million.
  • The financing consists of 32.5 million flow-through (FT) units and 5 million non-flow-through (NFT) units, both priced at $0.04 per unit.
  • Proceeds are designated for project expenditures in British Columbia (FT units) and general working capital/corporate purposes (NFT units).

Key Details

  • Total Gross Proceeds: Up to $1.5 million.
  • Flow-Through (FT) Units:
    • Quantity: 32.5 million units.
    • Price: $0.04 per unit.
    • Gross Proceeds: $1.3 million.
    • Composition: One flow-through common share and one common share purchase warrant.
    • Use of Proceeds: Expenditure on company projects located in British Columbia.
  • Non-Flow-Through (NFT) Units:
    • Quantity: 5 million units.
    • Price: $0.04 per unit.
    • Gross Proceeds: $200,000.
    • Composition: One common share and one common share purchase warrant.
    • Use of Proceeds: General working capital and corporate purposes.
  • Warrant Terms (FT Units):
    • Entitlement: Purchase one non-flow-through common share.
    • Exercise Price: $0.06 per share.
    • Duration: Two years from the date of issuance.
  • Warrant Terms (NFT Units):
    • Entitlement: Purchase one additional common share.
    • Exercise Price: $0.05 per share.
    • Duration: Three years from the date of issuance.
  • Finders' Fees:
    • Cash Commission: 8% of gross proceeds from applicable subscriptions.
    • Finders' Warrants: 8% of the number of applicable units sold.
    • Finder's Warrant Terms: Exercisable to acquire one common share at $0.06 per share for two years; non-transferable.
  • Regulatory Conditions:
    • Subject to acceptance by the TSX Venture Exchange.
    • All securities subject to a four-month hold period from issuance.

Notable Quotes

  • "Ed Kruchkowski, PGeo, a qualified person under National Instrument 43-101, is responsible for the contents of this news release. Mr. Kruchkowski is not independent of Decade as he is the president of the company."
Read the original news release →

More from Decade Resources Ltd.

Sep 09, 2026 · 08:01

Decade expands the Bonaparte porphyry model through drill testing and land staking ahead of assay results.

Drill Results Aug 31, 2026 · 08:01

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Drill Results Aug 11, 2026 · 09:45

Decade’s maiden drilling at the Bonaparte buried porphyry target tests the deposit while the company’s cash runway remains tight.

Drill Results Aug 06, 2026 · 08:01

Decade’s Bonaparte drill mobilization confirms progress but lacks a catalyst to reverse the stock’s downtrend.

Drill Results Jul 28, 2026 · 08:01

Decade secured a drill permit for its maiden program at the Bonaparte project in British Columbia’s Kamloops district.

Drill Results Jun 11, 2026 · 18:51

Decade Resources secured drilling permits for its Bonaparte project, though cash burn and warrant overhang present near-term challenges.

Drill Results