Core Points - Decade Resources Ltd. has successfully closed a flow-through private placement, raising a total of $120,000 [1][2] - The private placement involved the issuance of 4,000,000 flow-through units at a price of 3 cents per unit, each unit consisting of one flow-through common share and one transferable non-flow-through common share purchase warrant [2] - The proceeds from this placement will be allocated to Canadian exploration expenses and critical mineral mining expenditures on the Company's properties in British Columbia [3] Financial Details - The total gross proceeds from the private placement amount to $120,000 [2] - Each warrant issued is exercisable for the purchase of one additional common share at a price of $0.05 per share for a period of 36 months [2] - All securities issued are subject to a statutory hold period of four months, expiring on December 13, 2025 [3]
Decade Resources Closes Flow Through Private Placement for Total Gross Proceeds of $120,000