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Decade Resources Ltd V.DEC

Alternate Symbol(s):  DECXF

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

Post by 2021Gambleon Aug 10, 2021 8:51am
154 Views
Post# 33677339

Well...news out

Well...news out

Teuton Invests $500,000 into Decade Resources, Optionee of the Del Norte Property, Golden Triangle, British Columbia

V.TUO

(TheNewswire)

August 10, 2021 - TheNewswire - Vancouver, Canada - Teuton Resources Corp. (“Teuton” or “the Company”) (TSXV:TUO) (OTC:TEUTF) (Frankfurt:TFE) has entered into a private placement with Decade Resources Ltd. (“Decade”), subscribing for 10,000,000 non-flow-through common units at a price of $0.05 per unit. Each unit consists of one non-flow-though common share and one warrant good for two years to purchase another non-flow-though common share at $0.08 per share. Total investment is $500,000. Net proceeds of the private placement will be used to advance exploration of the Del Norte property as well as for general working capital purposes. All securities issued pursuant to the Private Placement are subject to a statutory four-month hold period. No finder's fees were paid in connection with the Private Placement. The Private Placement is subject to approval of the TSX Venture Exchange.


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