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Decade Resources Ltd. — Capital/Financing Update 2025
Sep 18, 2025
46126_rns_2025-09-18_3b723433-1d67-4f19-b98a-9af44e569976.pdf
Capital/Financing Update
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FORM 51-102F3
MATERIAL CHANGE REPORT
ITEM 1 Reporting Issuer
Decade Resources Ltd. ("Decade" or the "Company")
Stewart, B.C. V0T 1W0
ITEM 2 Date of Material Change
Effective date for material change of September 17th, 2025
ITEM 3 News Release
A news release announcing the material change was disseminated on September 17th, 2025
ITEM 4 Summary of Material Change
Stewart, BC – Decade Resources Ltd. (“Decade” or the Company) is pleased to announce that it has closed its previously announced private placement.
A total of 8,500,000 units were issued on a private placement basis at a price of 3 cents per unit, for aggregate gross proceeds of $255,000. Each unit comprised of one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.05 per share, for a 5-year period.
It is expected that the majority of the proceeds will be used for general working capital purposes. The Company may use more than 10% of the funds towards exploration on its BC Properties. None of the proceeds from the financing will be used for payments to non-arm's-length parties of the company other than normal course compensation of its officers, directors, employees and consultants as part of general working capital purposes, or to persons conducting investor relations activities.
All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring January 17, 2026, in accordance with applicable securities laws.
In consideration for introducing the subscribers to the private placement, the company paid a cash finder's fee totaling $20,400 and issued 680,000 warrants, with a 2-year term, at $0.05 to a finder.
ITEM 5 Full Description of Material Change
See Schedule "A" attached for a copy of the news release announcing the material change.
ITEM 6
Reliance on Subsection 7.1(2) of National Instrument 51-102
N/A
ITEM 7
Omitted Information
N/A
ITEM 8
Executive Officer
Randolph Kasum, Director
(250) 636-2264
ITEM 9
Date of Report
September 18th, 2025
Not for distribution to U.S. news wire services or dissemination in the United States.
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
September 17, 2025
DECADE RESOURCES CLOSES PRIVATE PLACEMENT FOR TOTAL GROSS PROCEEDS OF $255,000
Stewart, BC – Decade Resources Ltd. (“Decade” or the Company) is pleased to announce that it has closed its previously announced private placement.
A total of 8,500,000 units were issued on a private placement basis at a price of 3 cents per unit, for aggregate gross proceeds of $255,000. Each unit comprised of one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.05 per share, for a 5-year period.
It is expected that the majority of the proceeds will be used for general working capital purposes. The Company may use more than 10% of the funds towards exploration on its BC Properties. None of the proceeds from the financing will be used for payments to non-arm's-length parties of the company other than normal course compensation of its officers, directors, employees and consultants as part of general working capital purposes, or to persons conducting investor relations activities.
All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring January 17, 2026, in accordance with applicable securities laws.
In consideration for introducing the subscribers to the private placement, the company paid a cash finder's fee totaling $20,400 and issued 680,000 warrants, with a 2-year term, at $0.05 to a finder.
Decade Resources Ltd. is a Canadian based mineral exploration company actively seeking opportunities in the resource sector. Decade 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. For a complete listing of the Company assets and developments, visit the Company website at www.decaderesources.ca which is presently being updated. For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.
ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
"Ed Kruchkowski"
Ed Kruchkowski, President
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release." "This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements."