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Ginger Beef Corporation Capital/Financing Update 2021

Aug 26, 2021

45096_rns_2021-08-26_3b5b3d33-feb4-416e-8124-b214eef9622c.pdf

Capital/Financing Update

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Form 53-901.F Material Change Report

Under Section 85(1) of the Securities Act (British Columbia)

Form 27 Material Change Report

Under Section 118(1) of the Securities Act (Alberta)- Form 27

Item 1 Reporting Issuer

Decade Resources Ltd. (the "Company") 611 8[th] Street Stewart, B. C. V0T 1W0

Item 2 Date of Material Change

June 14 2021

  • Item 3 Press Release/Publication/Filing

Issued June 24th 2021 and distributed through the facilities of Canada Stockwatch and Market News.

  • Item 4 Financing Closed

  • Item 5 Full Description of Material Change

See attached press release.

  • Item 6 Reliance on Confidentiality Provisions of the Securities Acts

This report is not being filed on a confidential basis.

  • Item 7 Omitted Information

There are no significant facts required to be disclosed herein which have been omitted.

  • Item 8 Senior Officer

Contact: Randolph Kasum, Secretary Telephone: (250) 636-9283

Item 9 Statement of Senior Officer/Director

The foregoing accurately discloses the material change referred to herein.

‘Ed Kruchkowski’

Ed Kruchkowski, Director/CEO

DATED at Stewart, B.C., this24th day June 2021 in connection with the Company’s June 24th, 2021, press release.

Decade Resources Ltd. 426 King Street Stewart, BC V0T 1W0

TSX.V Trading Symbol: DEC

NEWS RELEASE

June 24, 2021

DECADE ANNOUNCES CLOSING OF TRANCHE 2 OF NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH AND NON-FLOW-THROUGH UNITS

Stewart, BC – Decade Resources Ltd. (“Decade” or the Company) has closed the second tranche of a non-brokered private placement of flow-through and non-flow-through units to raise aggregate gross proceeds, from both tranches, of $493,050.

A total of 1,893,572 flow-through units were issued at the price of 7 cents per unit to raise $132,550 and 7,210,010 non flow-through units were issued at the price of 5 cents per unit to raise $360,500. Each flow-through unit consists of one flow-through common share of the company and one transferable non-flow-through common share purchase warrant. Each warrant entitles the holder to purchase, for a period of 24 months, one additional common share of the company, at a price of ten cents per share. Each non flow-through unit consists of one common share of the company and one transferable common share purchase warrant. Each warrant entitles the holder to purchase, for a period of 24 months, one additional common share of the company, at a price of 8 cents per share.

All of the shares and warrants, and any shares issued upon exercise of the warrants comprising the units, are subject to a hold period and may not be traded in Canada until October 5th, 2021 (tranche1) and October 23[rd] , 2021 (tranche 2), except as permitted by applicable Canadian securities laws and the TSX Venture Exchange.

In consideration for introducing certain subscribers to the private placement, the company paid a cash finder’s fee totaling $8,610 to certain finders.

The proceeds from the sale of the flow-through units will be expended on the company's properties located in British Columbia and the proceeds from the sale of non-flow-through units will be used for working capital purposes.

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.”