Carlyle Announces Closing of Third Tranche of Unit Offering, Shares for Debt and Grant of Options5/15/2020
CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZ, OTC:DLRYF) (“Carlyle” or the “Company”) is pleased to announce that, further to its news releases dated March 27, 2020 and April 30, 2020, it has completed the third and final tranche of its non-brokered private placement consisting of the issuance of up to 16,000,000 units (each, a “Unit”) at a price of $0.075 per Unit for gross aggregate proceeds of up to $1,200,000 (the “Offering”), pursuant to which the Company issued 4,532,000 Units for total gross aggregate proceeds of approximately $339,900. The Company has raised total aggregate proceeds of $1,187,024.99 from the closings of the three tranches of the Offering.
CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZ, OTC:DLRYF) (“Carlyle” or the “Company”) is pleased to announce that, further to its news release dated March 27, 2020, it has completed the second tranche of its non-brokered private placement consisting of the issuance of up to 13,333,333 units (each, a “Unit”) at a price of $0.075 per Unit for gross aggregate proceeds of up to $1,000,000 (the “Offering”), pursuant to which the Company issued 8,628,333 Units for total gross aggregate proceeds of approximately $647,125. The Company has raised total aggregate proceeds of $847,125 from the closings of the first and second tranches of the Offering.
CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZ, OTC:DLRYF) (“Carlyle” or the “Company”) announces that it has given notice to Triple Nine Resources Ltd. (the “Optionor”) to terminate Carlyle’s option to acquire an 80% interest in the Four Corners Project, consisting of 7655 hectares located in western Newfoundland, 25km east of the town of Stephenville, Newfoundland (the “Four Corners Project”). The Four Corners Project was optioned to the Company pursuant to an option agreement (the “Option Agreement”) dated May 17, 2019 between the Company and the Optionor.
CARLYLE COMMODITIES CORP. (CSE:CCC, FSE:1OZ, OTC:DLRYF) (“Carlyle” or the “Company”) is pleased to announce a non-brokered private placement consisting of the issuance of up to 10,000,000 units (each, a “Unit”) at a price of $0.075 per Unit for gross aggregate proceeds of up to $750,000 (the “Offering”), pursuant to which it has closed an initial tranche of 2,666,667 Units for total gross aggregate proceeds of approximately $200,000 (the “First Tranche”).
DELREY METALS CORP. (CSE:DLRY, FSE:1OZ, OTC: DLRYF) (“Delrey” or the “Company”) announces that it intends to change the name of the Company (the “Name Change”) to Carlyle Commodities Corp. and to consolidate the common shares of the Company (each, a “Share”) on the basis of seven (7) pre‐consolidation Shares for one (1) post‐consolidation Share (the “Consolidation”).
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