DLP Resources Secures $6.4 Million for Expansion

Dlp Resources Limited (TSE:DLP) has released an update.

DLP Resources Inc. has successfully completed a significant funding initiative, securing $6.4 million through combined brokered and non-brokered private placements to finance its exploration and development activities. Investors have purchased over 16 million units, with each unit consisting of a common share and a purchase warrant, enhancing the company’s financial flexibility for upcoming projects. The initiative, supported by leading financial agents, also involves compensation and finder’s warrants, with a four-month hold period on the securities issued.

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