Graphite One: Building North America's premier graphite supply chain
Graphite One's flagship initiative, the Graphite Creek Project, is located on the Seward Peninsula in Alaska, approximately 60 kilometers north of Nome. Recognized by the U.S. Geological Survey as the largest known flake graphite deposit in the United States, Graphite Creek is now considered among the largest in the world.
Recent updates from the company reveal a dramatic expansion in the project's scope. The 2025 feasibility study, completed 15 months ahead of schedule with support from the U.S. Department of Defense under the Defense Production Act Title III, shows a 317 per cent increase in proven and probable reserves and a 322 per cent increase in measured and indicated resources compared to the 2022 Pre-Feasibility Study. Vertical integration: From mine to battery-grade material
Graphite One's vision extends far beyond mining. The company is executing a fully integrated supply chain strategy—from raw graphite extraction at Graphite Creek to the production of anode active material at a planned secondary treatment plant in Ohio.
This vertical integration is critical. The U.S. currently imports 100 per cent of its natural graphite, a vulnerability in the face of rising demand for lithium-ion batteries and electric vehicles. By producing battery-grade graphite domestically, Graphite One aims to eliminate a key supply chain bottleneck and support the U.S. transition to clean energy and advanced manufacturing. Milestones and momentum
Graphite One has achieved several key milestones in 2025: Feasibility study completion : Validated a 20-year mine life with a projected annual output of 175,000 tonnes of graphite concentrate.
: Validated a 20-year mine life with a projected annual output of 175,000 tonnes of graphite concentrate. Federal support : Received funding and strategic backing from the Department of Defense.
: Received funding and strategic backing from the Department of Defense. Permitting phase : Entered permitting with strong momentum, supported by a recent Executive Order prioritizing domestic mineral production.
: Entered permitting with strong momentum, supported by a recent Executive Order prioritizing domestic mineral production. Economic viability: The feasibility study projects a pre-tax NPV of $6.4 billion and a 30 per cent internal rate of return, with commercial anode active material production expected by 2028. Economic and ESG impact
Graphite One's project is in a position to deliver significant economic and environmental benefits: Job creation : The project will generate high-quality jobs in Alaska and Ohio, supporting local economies and Indigenous communities.
: The project will generate high-quality jobs in Alaska and Ohio, supporting local economies and Indigenous communities. Environmental stewardship : The company is committed to responsible development, with environmental planning integrated into every phase.
: The company is committed to responsible development, with environmental planning integrated into every phase. Community engagement: Graphite One is working closely with local stakeholders to ensure long-term, shared value. A pillar of U.S. mineral independence
In a world increasingly defined by geopolitical competition and technological transformation, Graphite One's project is more than a business venture—it's a strategic imperative. As the U.S. seeks to reduce reliance on foreign critical minerals, particularly from China, Graphite One offers a homegrown solution that aligns with national priorities in energy security, defense, and green technology leadership. Investor's corner
As we've explored in this series, graphite is not just a material—it's a cornerstone of the 21st-century economy. From its indispensable role in batteries and electronics to its strategic value in defense, the case for domestic graphite production is clear.
Graphite One Inc. stands at the nexus of this opportunity. With a world-class deposit, a vertically integrated strategy, strong government support, and a compelling economic profile, the company is uniquely positioned to lead North America's graphite renaissance.
For investors seeking exposure to the future of energy, technology, and national resilience, Graphite One deserves a closer look. We encourage you to deepen your due diligence, revisit the earlier articles in this series, and consider how this emerging leader fits into your long-term investment strategy.
Join the discussion: Find out what investors are saying about this stock on the Graphite One Inc. Bullboards and check out the rest of Stockhouse's stock forums and message boards.
This is sponsored content issued on behalf of Graphite One Inc., please see full disclaimer here.
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Cision Canada
15 minutes ago
- Cision Canada
Artemis Gold Reports Q2 2025 Results Consistent with Guidance: Q2 Production of 50,623 ounces gold and Post-commercial AISC US$805 per ounce, and Announces $700M Revolving Credit Facility
(all amounts in Canadian dollars unless otherwise stated) VANCOUVER, BC, Aug. 12, 2025 /CNW/ - Artemis Gold Inc. (TSXV: ARTG) ("Artemis Gold" or the "Company") reports financial and operating results for the three- and six-month periods ended June 30, 2025 (Q2 2025 and YTD 2025, respectively) and announces the arrangement of an underwritten revolving credit facility ("RCF"). The Company will host a conference call and webcast on August 13, 2025, the details of which are provided below. 2025 Highlights Q2 2025 production totalled 50,623 ounces of gold, bringing YTD 2025 production to 63,343 ounces of gold Cash costs 1 of US$690 per ounce of gold sold and all-in sustaining costs (AISC 1) of US$805 per ounce of gold sold during the two months May and June 2025 (the "post-commercial production period") During Q2 2025, generated net income of $100.2 million or $0.43 per share on a fully diluted basis, adjusted EBITDA 1 of $146.4 million, and cash flow from operating activities of $185.1 million To date, the Company has made $67 million of principal payments against its long-term debt 2 (including a $40 million repayment in July) Arranged a $700 million underwritten RCF to refinance existing long-term debt 2 and provide additional flexibility to support near-term expansion options. Financial close of the RCF remains subject to customary conditions precedent. 5.5 million hours worked without a lost time incident up to the end of July 2025 Post-commercial Production Highlights Mill throughput averaged 16,206 tonnes per day during the post-commercial production period representing 98.6% of nameplate capacity Gold production totalled 34,824 ounces in May and June 2025, and gold sales were 34,112 ounces Average realized gold price 1 of C$4,578 per ounce 1 Artemis Gold CEO Dale Andres commented: "This quarter marked a major milestone for Artemis Gold, as we transitioned the Blackwater Mine from development to production, and celebrated the opening of Canada's newest gold mine together with our First Nations partners and other stakeholders. We are uniquely positioned in one of the best mining jurisdictions in the world, and in this record gold price environment, we are demonstrating consistent operational performance, cost control, and capital discipline. "At US$805 per ounce of gold sold, our AISC 1 ranks among the lowest in the industry, as we benefit from a low strip ratio, downhill loaded hauling, and low-cost, renewable hydro electric power. Looking ahead, we plan to continue to optimize the current Phase 1 operations, which we expect will allow Blackwater to consistently outperform its nameplate capacity. In addition to debt repayments already made, we will be refinancing the remainder of the PLF and Standby-Facility with the recently agreed $700 million revolving credit facility which we expect to have available for drawdown before the end of Q3 2025. At the same time, we are evaluating the opportunity to accelerate and optimize the Phase 2 expansion, with a decision expected in the second half of the year." Financial and Operating Results The following tables summarize key operating statistics and unit analysis for the post-commercial production period of May 1, 2025 to June 30, 2025 only, as well as select financial information for Q2 2025 and YTD 2025. For further information, refer to the Company's unaudited condensed consolidated interim financial statements and Management's Discussion and Analysis ("MD&A") filed on SEDAR+ at 1 Gold recoveries include gold recovered in circuit 2 Refer to Non-IFRS Measures Gold production during the month of April was 15,799 ounces and gold production during Q2 2025 totaled 50,623 ounces. Gold production in Q1 2025 was 12,720 ounces. Year-to-date gold production totaled 63,343 ounces through June 30, 2025, including 28,519 ounces produced during the pre-commercial period. The Blackwater mill operated at 102% of nameplate capacity in the month of June, averaging 16,738 tonnes per day. In late July 2025 the Company successfully completed a 3-day planned shut-down of the processing plant to make various modifications and improvements to the dry and wet circuits, which is expected to enable the mill to further (and more consistently) outperform the nameplate capacity. The Company's current focus is to drive both stability and above-nameplate mill throughput. This, along with mill feed ore characteristics, impacted gold recoveries which were lower than originally planned (averaging 84% in May and June 2025). Various initiatives are underway to further improve recoveries, including augmenting the Company's understanding of the ore characteristics in oxide zones and transitional zones to optimize the ore blend. AISC 1 for the post-commercial production period was US$805 per ounce sold, with 34,112 ounces sold during this two-month period. The Company's low AISC for the post-commercial production period reflects, amongst other factors, the benefit of Blackwater's low strip ratio, as well as comparatively low cost of diesel consumption associated with Blackwater's hauling activities due to the down-hill haul from the pit to the process plant, stockpile areas and the tailings storage facility. Blackwater also benefits from comparatively low cost of power as the Company invested in a 135km transmission line which connects Blackwater to hydro-electric power. When determining the value of the Company's inventory balances, which in turn drives the quantum of the credit (reduction) to production cost (and AISC 1), the Company does not capitalize its stockpile of low-grade ore tonnes (the Company only attributes mining costs to high-grade and medium-grade ore when valuing stockpile inventory and the low-grade stockpile inventory is carried on the Company's books at $nil). 1 Refer to Non-IFRS Measures 2 Growth capital comprises both Phase 1 capital and Phase 1 deferred capital associated with infrastructure and certain plant rectification works, including amounts which will form part of the Company's counterclaim against its former EPC contractor. The Company recorded revenue of $231.1 million and $272.1 million in Q2 2025 and YTD 2025, respectively, driven by the initial sales of gold and silver in the current year following the commencement of production at the Blackwater Mine. During Q2 2025, the Company generated net income of $100.2 million or $0.43 diluted earnings per share, compared to a loss of $5.7 million or $0.03 loss per share in Q2 2024. Similarly, during YTD 2025, the Company generated net income of $104.8 million or $0.45 diluted earnings per share, compared to a loss of $12.4 million or a loss per share of $0.06 in YTD 2024. During Q2 2025, the Company incurred sustaining capital and lease payments of $4.2 million, along with $47.1 million Phase 1 capital cost (pre-commercial production) and $34 million of Phase 1 deferred capital. For YTD 2025, the Company incurred $7.3 million in sustaining capital and lease payments, while Phase 1 capital (pre-commercial production) totalled $141.6 million and Phase 1 deferred capital totalled $34 million. During the comparative periods, the Company incurred no sustaining capital, made lease payments of $0.8 million and $1.4 million in Q2 2024 and YTD 2024, respectively, and incurred Phase 1 capital of $147.1 million and $292.5 million in Q2 2024 and YTD 2024, respectively. Both Phase 1 and Phase 1 deferred capital in YTD 2024 and YTD 2025 includes amounts associated with rectification works which will form part of the Company's counterclaim against its former EPC contractor. EBITDA 1 for Q2 2025 totaled $168.9 million, while adjusted EBITDA 1 for the same period amounted to $146.4 million. For YTD 2025, EBITDA 1 and adjusted EBITDA 1 totaled $175.3 million and $173.5 million, respectively. Cash flow from operating activities was $185.1 million for Q2 2025 and $199.1 million for YTD 2025, compared to negative $0.9 million and negative $6.1 million during the respective comparative periods. In Q2 2025, the Company repaid $34.0 million in principal and interest under the Project Loan Facility ("PLF") and made $4.2 million in lease payments. In late July the Company repaid an additional $40 million in principal under the Stand-by Facility of the PLF". The improvement in the financial metrics noted above reflect the impact of the successful start-up of the Blackwater Mine in early 2025. Corporate Update As previously disclosed, on June 19, 2025 the Company announced a leadership transition with the appointment of Mr. Dale Andres as Chief Executive Officer and Director. Mr. Steven Dean, the Company's founder, transitioned to the role of Executive Chair. Mr. Jeremy Langford continues as President, with a focus on business growth, asset optimization, and development. On August 12, 2025, the Company executed a credit-approved commitment letter and term sheet with National Bank of Canada to underwrite a $700 million RCF. The Company expects to utilize the RCF to discharge its remaining obligations associated with the PLF and Standby-Facility, which at the time of closing of the RCF is expected to amount to approximately $450 million. The RCF will be secured by a charge against all assets of the Company, subject to various intercreditor agreements. The RCF will attract customary upfront and commitment fees and interest will be based on CORRA plus a margin ranging from 2.25% to 3.25%, depending on the Company's ratio of adjusted EBITDA 1 to net debt. Financial close of the RCF remains subject to customary conditions precedent and the RCF is expected to mature four years following such financial close. Outlook The Company is on track to achieve its previously stated production guidance for fiscal 2025 of 190,000 to 230,000 ounces of gold, including 160,000 to 200,000 ounces during the post-commercial production period at AISC 1 of US$670 to US$770 per ounce. AISC 1 is expected to trend lower in the second half of the year as operating efficiencies improve and production continues to increase. Conference Call and Webcast Details Artemis Gold will host a conference call and webcast on Wednesday, August 13, 2025 at 8.00am PDT (11.00am EDT). Conference call Toll-free in Canada and the US: 1-833-752-3746 International: +1-647-846-8723 Webcast: The webcast will be available for replay on the Company's website at until November 13, 2025. About Artemis Gold Artemis Gold is a well-financed, growth-oriented gold and silver producer and development company with a strong financial capacity aimed at creating shareholder value through the identification, acquisition, and development of gold properties in mining-friendly jurisdictions. The Company's primary focus is the operation and further development of the Blackwater Mine in central British Columbia approximately 160km southwest of Prince George and 450km northeast of Vancouver. The first gold and silver pour at Blackwater was achieved in January 2025 and commercial production was declared on May 1, 2025. Artemis Gold trades on the TSX-V under the symbol ARTG and the OTCQX under the symbol ARGTF. For more information visit Qualified Person Artemis Gold Vice President, Technical Services Alastair Tiver, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release. On behalf of the Board of Directors Steven Dean Executive Chair +1 604 558 1107 ___________________________ 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 news release. Non-IFRS Measures This news release refers to certain financial measures, such as average realized gold price per oz sold, EBITDA, adjusted EBITDA, cash operating cost per oz sold, all-in sustaining cost, sustaining and growth capital expenditures, which are not measures recognized under IFRS and do not have a standardized meaning prescribed by IFRS. These measures have been derived from the Company's financial statements because the Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors and stakeholders will use the non-IFRS measures to evaluate the Company's future operating and financial performance. However, these non-IFRS performance measures do not have any standardized meaning and may therefore not be comparable to similar measures presented by other issuers. Accordingly, these non-IFRS performance measures are intended to provide additional information and should not be considered in isolation or as a substitute of performance measures prepared in accordance with IFRS. Certain non-IFRS measures presented in this news release are reported for a partial period, being the period after commercial production was achieved on May 1, 2025. As such, these non-IFRS measures are presented for May and June 2025, with a reconciliation to the Q2 2025 results as reported within the Company's Interim Financial Statements. The Company does not expect to report on partial interim periods in future disclosures. Certain additional disclosures for these specified financial measures have been incorporated by reference and can be found in the Company's MD&A for the three and six months ended June 30, 2025 available on the Company's website at and on SEDAR+ at Cautionary Note Regarding Forward-looking Information This press release contains certain forward-looking statements and forward-looking information as defined under applicable Canadian and U.S. securities laws. Statements contained in this press release that are not historical facts are forward-looking statements that involve known and unknown risks and uncertainties. Any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. In certain cases, forward-looking statements and information can be identified using forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", "potential" or similar terminology. Forward-looking statements and information are made as of the date of this press release and include, but are not limited to, statements regarding strategy, plans, future financial and operating performance of the Blackwater Mine, including the Company's plans to refinance the PLF and Standby-Facility with the RCF; the contribution of the mine to various stakeholders or the economy; opinions of the Province of British Columbia regarding the mine and the region; agreements and relationships with Indigenous partners; the future of mining in British Columbia; the plans of the Company with respect to optimizing current Phase 1 operations and the next phase of expansion, including construction, site preparation, consultation with indigenous groups, and other plans and expectations of the Company with respect to the mine, future production and anticipated timing of optimization and expansion works. These forward-looking statements represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance, which are based on information currently available to management, management's historical experience, perception of trends and current business conditions, expected future developments and other factors which management considers appropriate. Such forward-looking statements involve numerous risks and uncertainties, and actual results may vary. Important risks and other factors that may cause actual results to vary include, without limitation: risks related to ability of the Company to accomplish its plans to refinance the PLF and Standby-Facility with the RCF on acceptable terms or at all; risks related to ability of the Company to accomplish its plans and objectives with respect to the operations and expansion of the Blackwater Mine within the expected timing or at all, the timing and receipt of certain required approvals, changes in commodity prices, changes in interest and currency exchange rates, litigation risks (including the anticipated outcome or resolution of ongoing or potential claims and counterclaims, the timing and success of such claims and counterclaims),, risks inherent in mineral resource and mineral reserves estimates and results, risks inherent in exploration and development activities, changes in mining, optimization or expansion plans due to changes in logistical, technical or other factors, unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications, cost escalation, unavailability of materials, equipment or third party contractors, delays in the receipt of government approvals, industrial disturbances, job action, and unanticipated events related to heath, safety and environmental matters), changes in governmental regulation of mining operations, political risk, social unrest, changes in general economic conditions or conditions in the financial markets, and other risks related to the ability of the Company to proceed with its plans for the Mine and other risks set out in the Company's most recent MD&A, which is available on the Company's website at and on SEDAR+ at In making the forward-looking statements in this press release, the Company has applied several material assumptions, including without limitation, the assumptions that: (1) market fundamentals will result in sustained mineral demand and prices; (2) any necessary approvals and consents in connection with the operations and expansion of the Mine will be obtained; (3) financing for the continued operation of the Blackwater Mine and future expansion activities will continue to be available on terms suitable to the Company; (4) sustained commodity prices will continue to make the Mine economically viable; and (5) there will not be any unfavourable changes to the economic, political, permitting and legal climate in which the Company operates. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause the actual results or performance by the Company to differ materially from those expressed in or implied by any forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or the financial condition of the Company. Investors should therefore not place undue reliance on forward-looking statements. The Company is under no obligation and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether written or oral, that may be made from time to time, whether because of new information, future events or otherwise, except as may be required under applicable securities laws.
Cision Canada
an hour ago
- Cision Canada
Sabio Announces Private Placement Offering of Debentures and Debt Settlement
TORONTO, Aug. 12, 2025 /CNW/ -- Sabio Holdings (TSXV: SBIO) (OTCQB: SABOF) (the " Company" or " Sabio"), a Los Angeles-based ad-tech company specializing in helping top global brands reach, engage, and validate (R.E.V.) streaming TV audiences, is pleased to announce its intention to complete a non-brokered private placement offering (the " Offering") of unsecured debentures (collectively, the " Debentures") for aggregate gross proceeds of up to CAD$2,000,000. The Debentures will bear simple interest at a rate of 15% per annum (calculated as 7.5% over a six-month period), payable in arrears on maturity. The Debentures will mature six months from the closing date of the Offering (the " Maturity Date"), with an option for the Company to extend the Maturity Date by an additional six months (the " Extension Right"). In connection with the Offering, subscribers will receive, for no additional consideration, common shares (each, a " Bonus Share") in the capital of the Company equal to 5% of the principal amount of the Debentures divided by the greater of: (a) $0.53; and (b) the lowest permitted price under the policies of the TSX Venture Exchange (" TSXV"). Should the Company exercise the Extension Right, holders of Debentures will be entitled to receive additional Bonus Shares equal to 10% of the principal amount of the Debentures divided by the greater of: (a) the volume-weighted average trading price of the Company's shares on the TSXV for the 10 consecutive trading days ending on the original Maturity Date; and (b) the lowest permitted price under the policies of the TSXV. The Debentures will rank pari passu with all other existing unsecured indebtedness of the Company, however will be subordinate to one of the Company's senior lender by way of subordination agreement. The net proceeds of the Offering will be used for general working capital purposes and to retire an existing convertible debt instrument. The Offering remains subject to the execution of definitive documentation, including subscription agreements and subordination agreements, as well as receipt of all necessary regulatory approvals, including that of the TSXV. The Company may pay finders' fees under the Offering to qualified arm's length parties. Debt Settlement Further to the Company's news release dated July 31, 2025, the Company announces it has issued a total of 162,477 common shares (each, a " Share") of the Company at a deemed price of CAD$0.517 per Share to settle an aggregate of CAD$84,000 of interest (" Interest") that was due on July 31, 2025 (the " Debt Settlement"). The Interest related to certain secured convertible notes (collectively, the " Convertible Notes") issued in connection with a previously announced non-brokered private placement that closed on August 16, 2023. The issuance of the Shares fully settles the Interest due and extinguishes the debt with the creditors under the Convertible Notes. All securities issued pursuant to the Offering and Debt Settlement will be subject to a statutory hold period in accordance with applicable securities laws. None of the securities issued in connection with either the Offering or the Debt Settlement will be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful. About Sabio Sabio Holdings (TSXV: SBIO, OTCQB: SABOF) is a technology and services leader in the fast-growing ad-supported streaming space. Its cloud-based, end-to-end technology stack works with top blue- chip, global brands and the agencies that represent them to reach, engage, and validate (R.E.V.) streaming audiences. Sabio consists of a proprietary ad-serving technology platform that partners with the top ad- supported streaming platforms and apps in the world and App Science™, a non-cookie-based software as a service (SAAS) analytics and insights platform with AI natural language capabilities, and Creator Television ® (Creator TV), the first creator-led streaming network and content studio dedicated to bringing the authenticity and energy of social media storytelling to TV. For more information, visit: Forward-Looking Statements This press release may contain certain forward-looking information and statements ("forward- looking information") within the meaning of applicable Canadian securities legislation, which is often, but not always, identified by the use of words such as "believes," "anticipates," "plans," "intends," "will," "should," "expects," "continue," "estimate," "forecasts," or the negative thereof and other similar expressions. All statements herein other than statements of historical fact constitute forward-looking information, including but not limited to statements related to the Offering, the anticipated use of proceeds therefrom, and the Company's ability to closing the Offering. Readers are cautioned to not place undue reliance on forward- looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company undertakes no obligation to comment on analyses, expectations, or statements made by third parties in respect of the Company, its securities, or financial or operating results (as applicable). Although the Company believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors, and assumptions concerning future events that may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including the other risk factors disclosed in the Company's annual information form and management's discussion and analysis (MD&A), which are publicly available on SEDAR+ at The Company has assumed that the material factors referred to herein will not cause such forward-looking statements and information to differ materially from actual results or events. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release is expressly qualified by this cautionary statement and is made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward- looking information, whether as a result of new information, future events, or otherwise. This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Globe and Mail
2 hours ago
- Globe and Mail
Decade Resources Closes Flow Through Private Placement for Total Gross Proceeds of $120,000
Stewart, British Columbia--(Newsfile Corp. - August 12, 2025) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is pleased to announce that it has closed a flow through private placement. A total of 4,000,000 flow-through units were issued on a private placement basis at a price of 3 cents per unit, for aggregate gross proceeds of $120,000. Each unit comprised 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 $0.05 per share, for a 36-month period. Proceeds from the sale of flow-through units will be utilized for incurring flow through expenses that qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures as defined in the Income Tax Act (Canada). Flow-through proceeds will be spent on the Company's BC properties. All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring December 13, 2025, in accordance with applicable securities laws. 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 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."
