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DeeThree Exploration Announces Completion of $30 Million Prospectus Offering

February 19, 20139:05 AM BOE Report Staff

DeeThreeCALGARY, ALBERTA–(Marketwire – Feb. 19, 2013) –

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

DeeThree Exploration Ltd. (“DeeThree” or the “Corporation”) (DTX.TO) (DTHRF) is pleased to announce that it has completed its previously announced short form prospectus offering (the “Offering”), raising gross proceeds of $30,056,000.

The Offering was co-led by Macquarie Capital Markets Canada Ltd. (sole book runner), Raymond James Ltd. and Cormark Securities Inc. and included a syndicate of underwriters consisting of Dundee Securities Ltd., Stifel Nicolaus Canada Inc., and Casimir Capital Ltd. (collectively, the “Underwriters”). A total of 4,420,000 common shares of the Corporation, were issued pursuant to the Offering. The completion of the Offering is subject to final approval from the Toronto Stock Exchange.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained herein constitute forward-looking statements, including statements concerning final approval from the Toronto Stock Exchange. We believe the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included herein should not be unduly relied upon. The forward-looking statements included in this press release are made as of the date of this press release and DeeThree disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

Contact:

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

DeeThree Exploration

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