Replies to post #33227 on Value Microcaps Junior Miners

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DMNKF doubles O/S w/ $2.5M financing at .065

DNI Metals - Announces C$2.5 Million Financing

Toronto, Ontario--(Newsfile Corp. - April 5, 2017) - DNI Metals Inc. (CSE: DNI) ("DNI" or the "Company") The Corporation's Board of Directors has approved a Private Placement allowing it to complete a non-brokered private placement of up to 38,461,538 Units at a price of $0.065 per Unit for gross proceeds of $2,500,000.00 (the "Private Placement").

Each unit consists of one Common share and a half purchase Warrant. Each warrant entitles the bearer to purchase one Common Share of the company at an exercise price of C$.10 per share for a period of 18 months from the closing Date. The use of Proceeds of the Private Placement will be for corporate cash flow purposes.

In addition to any other exemptions available, participation in the financing is also open to existing shareholders of DNI who as of the close of business on April 4, 2017 ("Record Date"), held common shares of DNI (and who continue to hold common shares of DNI at the time of closing). The Subscriber is eligible to purchase the Units pursuant to the prospectus exemption for distribution to existing security holders ("Existing Security Holder Exemption") set out in National Instrument 45-513 — Prospectus Exemptions for Distribution to Existing Security Holders, as well as the amendments to Rule 45-501 — Ontario Prospectus and Registration Exemptions (Ontario). Any existing shareholder who wishes to participate in the Private Placement is asked to please contact Dan Weir, CEO of the Company at [phone] or by email to: [e-mail] in order to receive subscription documentation and instructions. The Offering will remain open to existing shareholders until April 14, 2017.