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79 Resources Ltd. Completes Equity Financing
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79 Resources Ltd. Completes Equity Financing

79 Resources Ltd (TSE:SNR) has released an update.

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79 Resources Ltd. has successfully completed a non-brokered financing round, issuing 1.8 million common share units at $0.05 each, which includes a share and a purchase warrant with a five-year expiry. The newly issued shares are subject to a four-month hold period and regulatory approvals. This financing has increased the company’s issued and outstanding shares to 22,236,400.

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

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