DLP Resources Inc. announced a brokered private placement of up to 15,000,000 units at an issue price of CAD 0.40 per unit for the gross proceeds of CAD 6,000,000 on a commercially reasonable efforts basis on April 10, 2024. Each unit shall consist of one common share in the capital of the company and one share purchase warrant. Each warrant shall entitle the holder thereof to purchase one share at a price of CAD 0.54 for a period of 36 months from the closing date The Offering is expected to close on or around May 3, 2024 or such other date as agreed upon between the company and the Agents and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.

The securities to be issued under the Offering will have a hold period of four months and one day from the closing date.