{"id":1760,"date":"2018-06-29T14:32:53","date_gmt":"2018-06-29T18:32:53","guid":{"rendered":"https:\/\/dios.wenodev.com\/?p=1760"},"modified":"2019-12-19T15:54:50","modified_gmt":"2019-12-19T20:54:50","slug":"dios-closes-416000-hard-cash-private-placement","status":"publish","type":"post","link":"https:\/\/www.diosexplo.com\/en\/2018\/06\/29\/dios-closes-416000-hard-cash-private-placement\/","title":{"rendered":"DIOS CLOSES $416,000 HARD CASH PRIVATE PLACEMENT"},"content":{"rendered":"

June 29, 2018<\/p>\n

 <\/p>\n

Montr\u00e9al (Qu\u00e9bec) Canada-\u00a0<\/strong>Management of\u00a0DIOS EXPLORATION INC.<\/strong>\u00a0is pleased to report closing of non-brokered private placements with four Quebec Venture Capital Funds for gross proceeds of $416,000 by issuing a total of 4,622,222 units at $0.09 per unit.\u00a0 Each unit comprises one Common Share of\u00a0DIOS<\/strong>\u00a0at $0.09 per share and one warrant, each warrant entitling its holder thereof to subscribe for one Common Share of\u00a0DIOS\u00a0<\/strong>\u00a0\u00a0at $0.11 per share during a 24 month period. The securities issued are subject to a four-month hold period.<\/p>\n

DIOS<\/strong>\u00a0will use the proceeds to pursue exploration work this summer on flagship\u00a0AU33 gold project (recent drilling discovery of 6 meter true width returning 3.26 grams gold per tonne: 2 g\/t Au over 11 m)<\/strong>, as well as on promising Clarkie Gold project along Eleonore gold mine \u2013 Cheechoo corridor and on K2 gold-silver-copper, James Bay\u00a0<\/strong>Eeyou Istchee, Quebec and also for working capital purposes.<\/p>\n

As a result of the private placements, there are 62,302,740 Common Shares of\u00a0DIOS<\/strong>\u00a0issued and outstanding.<\/p>\n

These private placement closings were carried out pursuant to prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange.<\/p>\n

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/em><\/p>\n

 <\/p>\n

For more information, please contact:<\/strong>
\nMarie-Jose Girard
\nPresident & CEO
\nmjgirard@diosexplo.com<\/a>
\nTel. : \u00a0(514) 923-9123<\/p>\n

\n

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’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":"

June 29, 2018   Montr\u00e9al (Qu\u00e9bec) Canada-\u00a0Management of\u00a0DIOS EXPLORATION INC.\u00a0is pleased to report closing of non-brokered private placements with four Quebec Venture Capital Funds for gross proceeds of $416,000 by issuing a total of 4,622,222 units at $0.09 per unit.\u00a0 Each unit comprises one Common Share of\u00a0DIOS\u00a0at $0.09 per share and one warrant, each warrant […]<\/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-1760","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nDIOS CLOSES $416,000 HARD CASH PRIVATE 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\/06\/29\/dios-closes-416000-hard-cash-private-placement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DIOS CLOSES $416,000 HARD CASH PRIVATE PLACEMENT - 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