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DAJIN CLOSES $526,500 PRIVATE PLACEMENT

DAJIN CLOSES $526,500 PRIVATE PLACEMENT

articleWildsky Resources Inc.January 13, 20105/company/wildsky-resources-inc/news/dajin-closes-dollar526500-private-placement-1
DAJIN CLOSES $526,500 PRIVATE PLACEMENT

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[{"type":"text","content":"\nDAJIN CLOSES $526,500 PRIVATE PLACEMENT\n\n\n Jan. 13, 2010 (TheNewswire.ca) -- Vancouver, B.C. - January 13, 2010 - Dajin Resources Corp. (TSXV:DJI) (\"Dajin\")(DJI-V: TSX) is pleased to report the closing of a non-brokered Private Placement announced December 4, 2009 for a total of 3,510,000 Units at a price of $0.15 with gross proceeds realized of $526,500. Each unit consists of one common share and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of Dajin at a price of $0.20 on or before December 23, 2010. The 3,510,000 common shares issued pursuant to this financing are subject to a four month hold period expiring April 26, 2010. A finder's fee of 176,400 units was paid in respect to this financing.The proceeds from the Private Placement will be used for the establishment of corporate operations in Argentina, for testing of potash/lithium deposits and for general working capital.About Dajin: (www.dajin.ca)Dajin's representatives have made application to acquire a 100% interest in potash/lithium properties, in the provinces of Salta and Jujuy in Argentina. The principal properties are in the Salar de Salinas Grandes and Guyatayoc salt lake basin covering approximately 115,000 hectares or 285,000 acres.In the British Columbia Cariboo Mining District Dajin owns a 100% interest in 20 mineral claims adjacent to Hawthorne Gold Corp's (OOTC:HWTHF) (TSXV:HGC) (HGC-V) Frasergold deposit and holds a 70/30 Joint Venture agreement with Hawthorne Gold Corp. in 18 adjacent claims, owns a 100% interest in 29 mineral claims in the Spanish Mountain region adjacent to Skygold Ventures Ltd's (TSXV:SKV) (SKV-V) Spanish Mountain gold discovery and holds a Joint Venture agreement with Cariboo Rose Resources Ltd. (TSXV:CRB) (CRB-V) whereby Dajin can earn a 65% interest in the Cowtrail Property which is adjacent to the Fjordland/Cariboo Rose copper gold joint venture part of which was recently optioned by Gold Fields Limited (NYSE:GFI) with a $19 million work commitment over the next 7 years.For further information please contact:DAJIN RESOURCES CORP. B & D CAPITAL PARTNERSBrian Findlay or Dave Jenkins Don MosherPhone: (604)-681-6151 Phone: 604-685-6465E-mail: [email protected] E-mail: [email protected] TSX Venture Exchange has not reviewed and does not accept responsibility for...

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