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Declan Resources Inc.

11:50 AM EST - Declan Resources Inc. : announced that it has completed its previously announced private placement of units. Declan issued a total of 15,000,000 Units at a price $0.05 per Unit for gross proceeds of $750,000. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant. Each Warrant entitles the holder to purchase one Common Share at any time within 12 months of the date of issuance at a price of $0.10 per Common Share. Declan Resources Inc.
shares V.LAN are trading up $0.01 at $0.10.