Mr. Ed Kruchkowski reports

DECADE RESOURCES LTD. ANNOUNCES $1.5 MILLION PRIVATE PLACEMENT

Decade Resources Ltd. has arranged a non-brokered private placement financing for total gross proceeds of up to $1.5-million.

The financing will consist of:

• 32.5 million flow-through (FT) units at a price of four cents per FT unit to raise gross proceeds of $1.3-million;
• Five million non-flow-through (NFT) units at a price of four cents per NFT unit to raise gross proceeds of $200,000.

Each FT unit will consist of one flow-through common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one non-flow-through common share at a price of six cents per share for a period of two years from the date of issuance.

Each NFT unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of five cents per share for a period of three years from the date of issuance.

The proceeds raised from the sale of the FT units will be expended on the company's projects located in British Columbia. Proceeds from the NFT units will be used for general working capital and corporate purposes.

The company may pay finders' fees to qualified parties in connection with certain subscriptions under the financing. The finders' fees will consist of a cash commission equal to 8 per cent of the gross proceeds from those subscriptions and the issuance of finders' warrants equal to 8 per cent of the number of applicable units sold. Each finder's warrant will be exercisable to acquire one common share at a price of six cents for a period of two years from the date of issuance and will be non-transferable.

The private placement is subject to acceptance by the TSX Venture Exchange. All securities issued pursuant to the financing will be subject to a four-month hold period from the date of issuance in accordance with applicable securities laws and TSX Venture Exchange policies.

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

Decade 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. For a complete listing of the company assets and developments, visit the company website, which is presently being updated

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