Source: Decklar Resources Inc.
  • Decklar Resources (DKL) is pleased to announce a $1 million unit offering to raise gross proceeds of up to $1,000,000
  • Decklar has engaged Echelon Wealth Partners Inc. as a strategic financial advisor in connection with the offering
  • Funds will be used to pursue new oil and gas development opportunities in Nigeria
  • Decklar has retained Native Ads, Inc. to provide an investor relations campaign scheduled to launch in August
  • Decklar Resources Inc is engaged in the exploration and development of mineral properties
  • Decklar Resources Inc. (DKL) opened trading at C$0.94 per share

Decklar Resources (DKL) is pleased to announce a $1 million unit offering and a partnership with Native Ads, Inc. for investor relations and marketing services.

Decklar is proposing to complete non-brokered financing to raise gross proceeds of up to $1,000,000 by way of a unit offering.

Units will be priced at $1.00, with each unit consisting of one common share and one-half common share purchase warrant. Each whole warrant will entitle the holder to acquire one share at an exercise price of $1.50 for a period of 12 months from the closing date of the offering.

Decklar has engaged Echelon Wealth Partners Inc. as a strategic financial advisor in connection with the offering. Decklar will pay a finder’s fee to Echelon based upon the gross proceeds of the offering received by the Company from investors referred by Echelon and will also pay Echelon an additional fee for strategic advisory advice based upon the aggregate gross proceeds of the Offering.

Funds will be used to pursue new oil and gas development opportunities in Nigeria and for general corporate purposes.

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

Decklar is pleased to announce it has retained Native Ads, Inc. to provide investor relations services in the form of strategic digital media services, marketing and data analytics services including content development, video production and editing, website development, media buying and distribution, and campaign reporting and optimization. This campaign is set to launch in August 2021. The company has agreed to pay Native Ads fees totalling US$250,000 for the initial service period.

Native Ads delivers services including strategic digital media services, marketing and data analytics.

Decklar Resources Inc is engaged in the exploration and development of mineral properties. 

Decklar Resources Inc. (DKL) opened trading at C$0.94 per share.

More From The Market Online

Nine Mile Metals completes acquisition of 3 properties

Nine Mile Metals (CSE:NINE) completes the exercise and acquisition of its 100 per cent interest in three properties in New Brunswick.

Canopy Growth fuels turnaround story with fresh capital

Canopy Growth (TSX:WEED) continues its turnaround story with a C$96.3 million exchange and subscription deal with an institutional investor.

Junior gold CEO signals conviction with new investment

Cynthia Le Sueur-Aquin, CEO of junior gold stock Laurion Mineral Exploration (TSXV:LME), will exercise 750,000 stock options for C$142,500.

Three stocks with multi-bagger potential

The best investors stick to stocks with the most easily discernible reasons in support of their multi-bagger potential.