Dynasty Metals & Mining Inc.

TSX: DMM

Mar 17, 2010 13:46 ET

VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 17, 2010) –

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES.

Dynasty Metals & Mining Inc. (TSX:DMM)(the “Corporation”) is pleased to announce that the Corporation has reached an agreement with Cormark Securities Inc. and Canaccord Financial Ltd. as co-lead underwriters (the “Underwriters”) in respect of its bought deal announced on March 17, 2010 to increase the total size of the offering to $15,000,000. Under the agreement, the Underwriters will now purchase from the Corporation 3,750,000 units (the “Units”) at an issue price of $4.00 per Unit for gross proceeds to Dynasty of approximately $15,000,000 (the “Offering”). Each Unit shall consist of one common share and one half of one common share purchase warrant (a “Warrant”). Each whole Warrant will be exercisable at a price of $5.00 for a period of 12 months from the closing date.

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For more information, please contact

Dynasty Metals & Mining Inc.
Murray Oliver
604-687-0888
info@dynastymining.com
www.dynastymining.com
or
Brisco Capital Partners
Gordon Aldcorn
403-262-9888
Gordon@briscocapital.com

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Dynasty Metals & Mining Inc. Increases Bought Deal Financing to $15.0 Million

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