DeeThree Exploration Ltd.

TSX VENTURE: DTX

Deethree Exploration Ltd.

Feb 10, 2010 09:00 ET

CALGARY, ALBERTA–(Marketwire – Feb. 10, 2010) –

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DeeThree Exploration Ltd. (“DeeThree” or the “Corporation”) (TSX VENTURE:DTX) is pleased to announce that it has filed a preliminary short form prospectus in connection with a public offering of 3,000,000 common shares of the Corporation at the price of $2.40 per common share for gross proceeds of $7,200,000 and 1,075,000 common shares issued on a “flow-through” basis under the Income Tax Act (Canada) at the price of $2.80 per flow-through share for gross proceeds of $3,010,000, representing aggregate gross proceeds of $10,210,000 (the “Offering”). The Offering is led by Dundee Securities Corporation, and includes a syndicate of underwriters consisting of Clarus Securities Inc. and D & D Securities Company (collectively, the “Underwriters”) pursuant to an underwriting agreement dated effective February 4, 2010.

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Deethree Exploration Ltd.

For more information, please contact

DeeThree Exploration Ltd.
Martin Cheyne
President and Chief Executive Officer
(403) 263-9130

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DeeThree Exploration Announces Filing of Preliminary Prospectus for $10,210,000 Bought Deal Offering

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