Decade Resources Ltd V.DEC

Alternate Symbol(s): DECXF

Metals & Mining Industrial Metals & Minerals

Decade Resources Ltd. is a Canadian based mineral exploration company seeking opportunities in the resource sector. The Company holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are all located in the Golden Triangle area of northern British Columbia. Its projects include Grassy, Premier East, Red Cliff, Lord Nelson, Del Norte and Terrace. The Terrace project includes Terrace Gold, Kleanza, Dardanelle, Treasure Mountain and Nobody Knows. The Company owns 100% of Goat property. The Copper River Valley properties are comprised of three main claim blocks; Terrace Gold-Darranelle-Treasure Mountain group of claims located in northern British Columbia. The property consists of 52 contiguous mineral claims. The Grassy property contains approximately 830.20 hectares in two separate claims which are owned 100% by the Company. The Red Cliff project consists of approximately eight mineral claims.

TSXV:DEC - Post by User

Decade Resources Ltd

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Post by imavikingon Oct 22, 2009 4:27pm

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Post# 16414498

second tranche

Doesn't the insider portion of the private placement have to close before they can announce news?

$400,500 Non-Brokered Private Placement

The second tranche ofthe private placement announced on September 16, 2009, totaling$400,500 and involving insiders of the Company, is anticipated to closethis week, following the receipt of regulatory approval.

I know this has been filed but not closed.

Could this be the reason for delay?

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