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.

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Decade Resources Ltd

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Comment by AlternativeViewon Jul 07, 2016 10:57am

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Post# 25031550

RE:RE:Rollback after the MTB Placement Closes

Short term liabilities as of March 31 were $1,093,447, mostly payable to you know who.

Less $585,514.40 shares for debt
Less $600,000 share issuance

Subtotal aprrox $92,067 cash on hand, working form March 31 numbers.
Less listing fees, overhead and salaries for April, May, June
Less costs of recent sampling programs at Red Cliff / Bow

So the remaining cash should just about cover legal costs for the share consolidation.

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