79 Resources Ltd (TSE:SNR) has released an update.
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79 Resources Ltd. has successfully completed a non-brokered financing initiative, issuing 2 million units at $0.07 each, with each unit comprising a common share and a purchase warrant. The warrants allow holders to buy additional shares at $0.10 within the next 24 months. The funds raised will bolster the company’s working capital without any finder’s fees involved.
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