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79 Resources Ltd. Adjusts Financing Terms

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79 Resources Ltd. Adjusts Financing Terms

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 an amendment to the terms of its non-brokered financing by lowering the warrant exercise price from $0.10 to $0.05, while keeping other terms unchanged. The proceeds from this financing, upon completion, are intended for working capital purposes and the offer is subject to regulatory approvals and a four-month hold period.

For further insights into TSE:SNR stock, check out TipRanks’ Stock Analysis page.

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