{"id":1734,"date":"2018-12-28T13:34:27","date_gmt":"2018-12-28T18:34:27","guid":{"rendered":"https:\/\/dios.wenodev.com\/?p=1734"},"modified":"2019-12-19T15:50:34","modified_gmt":"2019-12-19T20:50:34","slug":"dios-exploration-closes-625300-placement","status":"publish","type":"post","link":"https:\/\/www.diosexplo.com\/en\/2018\/12\/28\/dios-exploration-closes-625300-placement\/","title":{"rendered":"DIOS EXPLORATION CLOSES $625,300 PLACEMENT"},"content":{"rendered":"<div>\n<div>\n<div id=\"x_x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<div id=\"x_x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<div id=\"x_x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<div id=\"x_x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<div id=\"x_x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<div id=\"x_x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<p><span lang=\"EN-CA\">December 28, 2018<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span lang=\"EN-CA\">Montr\u00e9al (Qu\u00e9bec) Canada &#8211; <\/span><strong><span lang=\"EN-CA\">DIOS EXPLORATION<\/span><\/strong><span lang=\"EN-CA\">\u00a0<\/span><span lang=\"EN-CA\">completed a $625,300 non-brokered private placement by issuing 9,620,000 flow-through shares at $0.065 per share.\u00a0<\/span><strong><span lang=\"EN-CA\">DIOS<\/span><\/strong><span lang=\"EN-CA\">\u00a0will use these proceeds to fund exploration fieldwork and diamond drilling on promising large\u00a0<\/span><strong><span lang=\"EN-CA\">AU33 gold project and K2 Bousquet-Doyon type input gold targets,<\/span><\/strong><span lang=\"EN-CA\">Lower Eastmain deformation zone<strong>,\u00a0<\/strong>James Bay, Quebec.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div dir=\"ltr\">\n<div id=\"x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<div dir=\"ltr\">\n<div id=\"x_x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<div dir=\"ltr\">\n<div id=\"x_x_x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<div dir=\"ltr\">\n<div id=\"x_x_x_x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<div dir=\"ltr\">\n<div id=\"x_x_x_x_x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<div dir=\"ltr\">\n<div id=\"x_x_x_x_x_x_x_x_x_x_x_x_x_divtagdefaultwrapper\" dir=\"ltr\">\n<p><span lang=\"EN-CA\">There will be a hold period of four months and one day on all securities issued under this financing. Finders&#8217; fees of $40,950 were paid to arm&#8217;s-length third parties\u00a0and 630,000\u00a0finder\u2019s warrants, exercisable to purchase an additional share of\u00a0<strong>DIOS<\/strong>\u00a0at a price of $0.075 per share for a period of eighteen (18) months from closing.\u00a0\u00a0\u00a0A director participated in the financing by acquiring 50,000 shares.<\/span><\/p>\n<p><em><span lang=\"EN-CA\">The TSX Venture Exchange has conditionally approved the private placement, which was carried out pursuant to prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange.<\/span><\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"news_footer\">\n<p>Forward-Looking Statements: This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company&#8217;s products and competitive pressures. These factors and others are more fully discussed in Company filings with Canadian securities regulatory authorities.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>December 28, 2018 &nbsp; Montr\u00e9al (Qu\u00e9bec) Canada &#8211; DIOS EXPLORATION\u00a0completed a $625,300 non-brokered private placement by issuing 9,620,000 flow-through shares at $0.065 per share.\u00a0DIOS\u00a0will use these proceeds to fund exploration fieldwork and diamond drilling on promising large\u00a0AU33 gold project and K2 Bousquet-Doyon type input gold targets,Lower Eastmain deformation zone,\u00a0James Bay, Quebec. There will be a [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-1734","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DIOS EXPLORATION CLOSES $625,300 PLACEMENT - Dios Exploration<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.diosexplo.com\/en\/2018\/12\/28\/dios-exploration-closes-625300-placement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DIOS EXPLORATION CLOSES $625,300 PLACEMENT - Dios Exploration\" \/>\n<meta property=\"og:description\" content=\"December 28, 2018 &nbsp; Montr\u00e9al (Qu\u00e9bec) Canada &#8211; DIOS EXPLORATION\u00a0completed a $625,300 non-brokered private placement by issuing 9,620,000 flow-through shares at $0.065 per share.\u00a0DIOS\u00a0will use these proceeds to fund exploration fieldwork and diamond drilling on promising large\u00a0AU33 gold project and K2 Bousquet-Doyon type input gold targets,Lower Eastmain deformation zone,\u00a0James Bay, Quebec. 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