Dios Exploration (TSXV:DIOS) closes $650K private placement

Dios Exploration Inc. (DOS) has closed a non-brokered private placement with two investment funds for a total of $ 650,000 It sold 6.5 million flow-through common shares at a price of $ 0.10 per share The net proceeds will be used for exploration work on Dios Exploration’s lithium and gold properties in the James Bay region in Quebec Dios Exploration is a mineral research and mining exploration company Dios Exploration Inc. (DOS) is up 8.33 per cent, trading at $ 0.06 per share as of 2:56 p.m. EST

Dios Exploration Inc. (DOS) has closed a non-brokered private placement with two investment funds for a total of $ 650,000.

According to the company, it sold 6.5 million flow-through common shares in its capital at a price of $ 0.10 per share.

The net proceeds will be used for exploration work on Dios Exploration’s wholly-owned lithium and gold properties in the James Bay region in Quebec.

A finder’s fee of $ 39,000 needs to be paid in connection with the private placement to Mine Equities Ltd. – an arm’s length party.

Dios Exploration is a mineral research and mining exploration company that works on projects largely based in Quebec from the scientific concept of feasibility. It develops them on its own or through joint ventures.

Its current assets include the AU33, Shipshaw, 33 Carats, 14 Karats, K2- Solo, Clarkie /Le Caron gold and diamond projects, and the recently acquired Nemiscau-North lithium battery metals property.

Dios Exploration Inc. (DOS) is up 8.33 per cent and is trading at $ 0.06 per share as of 2:56 p.m. EST.

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