Decade Resources to Raise CA$2.17 Million Via Flow-Through Private Placement

12:58 PM EST, 11/02/2026 (MT Newswires) -- Decade Resources (DEC.V) intends to complete a non-brokered flow-through private placement financing to raise up to CA$2.2 million, it said in a statement on Monday. The offering will consist of the issuance of up to 14.5-million flow-through units (FT units) at CA$0.15 per FT unit. Each FT unit will consist of one common share to be issued as a "flow-through share" and one two-year warrant, with each warrant entitling the holder to buy a share for CA$0.25 per share. Proceeds from the offering of flow-through shares will be used to incur eligible Canadian exploration expenses that qualify as "flow-through mining expenditures," on its mineral exploration properties located in British Columbia. Decade Resources may complete the offering in one or more tranches, it said. Shares of the company were last seen up 5% at CA$0.105 on the TSX Venture Exchange.