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DLP Resources (TSXV:DLP) closes private placement

Mining
TSXV:DLP
10 August 2021 16:00 (EDT)

Source: Twitter

DLP Resources (DLP) has closed its non-brokered private placement.

The company issued 1,000,001 flow-through shares at a price of $0.30 per FT share for gross proceeds of $300,000.30.

The FT shares issued are subject to a transfer restriction expiring on December 11, 2021.

Proceeds from the private placement will be used to continue drilling on the company’s 100 per cent owned Hungry Creek Project.

DLP has paid a cash finder’s fee in the amount of $9,485.00 and issued 31,617 finder’s warrants.

DLP Resources Inc. is a mineral exploration company exploring for base metals and Cobalt in Southeastern British Columbia.

DLP Resources Inc. (DLP) is up 14.29 per cent, trading at C$0.24 per share at 4 pm ET.

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