Decade Resources Ltd (2) (TSX-V:DEC)
Shares Issued 254,001,485
Last Close 9/27/2021 $0.05
Monday September 27 2021 - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 26, 2021, and Sept. 7, 2021.
Flow-through (FT) shares
Number of shares: 7,625,000 shares
Purchase price: seven cents per share
Warrants: 7,625,000 share purchase warrants to purchase 7,625,000 shares
Warrant exercise price: 10 cents for a one-year period
Non-flow-through (NFT) shares
Number of shares: 6.15 million shares
Purchase price: five cents per share
Warrants: 6.15 million share purchase warrants to purchase 6.15 million shares
Warrant exercise price: eight cents for a two-year period
Number of placees: 20 placees
Insider: Edward Kruchkowski, 2.9 million
Total pro group involvement: 350,000 (one placee)
Finders' fees: $600 payable to Canaccord Genuity; $3,000 payable to Kernaghan Partners; $450 payable to Sprott Capital Partners LP