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DeeThree Exploration Executes $20 Million Bought Deal

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September 27, 2012

DeeThree Exploration Ltd. (Toronto Venture: DTX) has entered into an agreement to purchase 2,730,000 common shares of the company at a price of $5.50 per share and 770,000 shares of the company issued on a "flow-through" basis at a price of $6.50 per share for aggregate gross proceeds of $20,020,000.

The underwriters were co-led by Macquarie Capital Markets Canada Ltd., Cormark Securities Inc. and Dundee Securities Ltd., and including Casimir Capital Ltd., Stifel Nicolaus Canada Inc. and Raymond James Ltd.,

The gross proceeds from the common shares will be used ...

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