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Decade Resources Ltd V.DEC

Alternate Symbol(s):  DECXF

Decade Resources Ltd. is a Canada-based mineral exploration company actively seeking opportunities in the resource sector. Its principal business activity is the acquisition, exploration and evaluation of mineral properties located in the Province of British Columbia, Canada. The Company has a 65% interest in the Red Cliff property in north-western British Columbia. It has 100 % interest in the Goat, Grassy, Premier East and Terrace area properties. Its projects include Red Cliff, Lord Nelson, Goat/Surprise Creek, Treasure Mountain, Terrace Property, and Del Norte Property. The Lord Nelson property is located 34 kilometers east of Stewart, British Columbia and is comprised of approximately 2630 hectares in six separate claims. The Terrace Properties are composed of three main claim blocks, namely Terrace Gold-Dardanelle-Treasure Mountain group of claims located about 10 to 35 air kilometers east of Terrace, British Columbia, on the side of the Zymoetz (Copper) River valley.


TSXV:DEC - Post by User

Bullboard Posts
Post by HeyIrishon Oct 20, 2015 9:13am
37 Views
Post# 24207732

Who bought this one?

Who bought this one?December 23, 2014 TSX-V: DEC DECADE CLOSES SECOND TRANCHE OF PRIVATE PLACEMENT FINANCING Decade Resources Ltd. (the "Company") is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement. A total of 2,800,000 flow-through units ("FT Units") were issued at the price of $0.10 per FT Unit to raise $280,000. Each FT Unit consists of one flow-through common share of the Company and one-half of one (non-flow-through) common share purchase warrant. Each full warrant entitles the holder to purchase, for a period of 24 months, one additional common share of the Company, at a price of $0.15. A finder’s fee of $22,400 was paid in cash and 224,000 finder's warrants were granted in respect of this tranche of the financing. Each finder’s warrant entitles the holder to purchase, for a period of 24 months, one common share of the Company at a price of $0.15. All of the shares and warrants, and any shares issued upon exercise of warrants, are subject to a hold period and may not be traded in Canada until April 24, 2015, except as permitted by applicable Canadian securities laws and the TSX Venture Exchange. The proceeds of the private placement will be expended on the Company's propertie


Who bought this one?
Bullboard Posts