Mr. Ed Kruchkowski reports

DECADE RESOURCES ANNOUNCES A $720,000 INCREASE TO THE PRIVATE PLACEMENT FINANCINGS FOR TOTAL GROSS PROCEEDS OF $2,970,000

Decade Resources Ltd. has made a $720,000 increase to the private placement financings announced on Aug. 14, 2023, to accommodate increased investor demand.

Decade has amended the agreement with Redplug Inc. to increase the size of the bought deal private placement by $480,000. Pursuant to the amended agreement, Redplug has agreed to purchase, on a bought deal private placement basis, 8.25 million flow-through units at a price of 24 cents per unit for aggregate gross proceeds of $1.98-million.

Decade has also increased the size of the non-brokered private placement by $240,000. Decade will issue 2.75 million flow-through units at a price of 24 cents per unit for gross proceeds of $660,000 and 1.65 million non-flow-through units at a price of 20 cents per unit for gross proceeds of $330,000.

The company expects to raise total gross proceeds of $2.97-million from the brokered financing and the non-brokered financing.

The unit terms remain the same as announced on Aug. 14, 2023.

The share included in the non-flow-through unit is a common share.

The share included in the flow-through unit is a flow-through share as defined in the Income Tax Act (Canada).

Both the non-flow-through unit and the flow-through unit include one transferable warrant exercisable for the purchase of one additional common share at a price of 32 cents per share for two years.

The offering is fully allocated.

Ed Kruchkowski, president of the company, commented: "The strong response to the financing and high volume on the market are a testament to the excitement surrounding our Aug. 8 announcement of a major copper discovery at our 100-per-cent-owned Nobody Knows copper project near Terrace, B.C. We appreciate the support of all of our shareholders, old and new."

Proceeds from the sale of non-flow-through units will be used for general corporate purposes.

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 primarily be spent on the Nobody Knows copper property, with a smaller portion to be spent on the Red Cliff property.

The offering is subject to approval of the TSX Venture Exchange.

All securities issued in the offering will be subject to the statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws.

Decade Resources 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 grassroots to advanced ones. Its properties and projects are all located in the Golden Triangle area of Northern British Columbia.

Ed Kruchkowski, PGeo, a qualified person under National Instrument 43-101, is responsible for the contents of this release. Mr. Kruchkowski is not independent of Decade as he is the president of the company.

We seek Safe Harbor.