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Stewart, BC – Decade Resources Ltd. (the “Company”) has provided an additional update to the terms of the financing it announced on May 7, 2018 and May 15, 2018. The Company is now using its best efforts to raise an aggregate of up to $1,410,000.
The flow-through offering will now be comprised of up to 4,615,385 flow-through units, at a price of $0.065 per flow-through unit, for gross proceeds of up to $300,000. Each flow-through unit will be comprised of one flow-through common share and one transferable non-flow-through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.08 per share, for a period of 30 months.