Delrand announces that, further to its April 9, 2013 press release, it has closed a non-brokered private placement of 6,000,000 common shares of the Company at a price of Cdn$0.045 per share for proceeds to the Company of Cdn$270,000. No warrants were issued under this financing (the "Financing"). The Company intends to use the proceeds from the Financing for general corporate purposes. Directors and officers of the
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