Core Points - Decade Resources Ltd is conducting a non-brokered private placement of flow-through shares to raise a total of $287,500 [1][2] - The offering consists of 8,214,286 flow-through units priced at $0.035 each, with each unit including one common share and one transferable common share purchase warrant [2] - The warrants are exercisable at $0.05 per share for a period of 24 months [2] Tax Benefits - The Mineral Exploration Tax Credit (METC) offers an additional income tax benefit of 15% on specified mineral exploration expenses for investors in mining flow-through shares [2] - A proposed 30% Critical Mineral Exploration Tax Credit (CMETC) for specified minerals, including copper, nickel, lithium, and others, is aimed at supporting the production of batteries and clean technology [2] Use of Proceeds - Proceeds from the flow-through shares will be allocated to the company's projects in British Columbia [3]
Decade Announces Non-Brokered Private Placement