79 Resources Ltd (TSE:SNR) has released an update.
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79 Resources Ltd., a Vancouver-based junior mining exploration company, has announced plans for a non-brokered financing initiative aimed at raising capital through the issuance of up to 1,000,000 common share units at $0.05 each. These units include a share and a five-year warrant, with proceeds intended for working capital purposes. The completion of this financing is subject to regulatory approvals and will adhere to a four-month hold period as per Canadian securities laws.
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