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79 Resources Ltd. Completes Key Financing Round

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79 Resources Ltd. Completes Key Financing Round

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

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79 Resources Ltd. has successfully completed its non-brokered financing round, issuing 2 million units at $0.07 each, intended to bolster the company’s working capital. The financing involves common shares and purchase warrants, with the latter being exercisable at $0.10 within the next 24 months. This financial move is set to support the company’s ongoing mineral exploration projects in British Columbia and Saskatchewan.

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

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