79 Resources Ltd (TSE:SNR) has released an update.
79 Resources Ltd. is launching a non-brokered private placement to raise funds through the issuance of up to 1,000,000 common share units at $0.02 each, which include a five-year warrant. The proceeds are earmarked for working capital and potential mining claim acquisitions, with the possibility of a 6% cash finder’s fee and significant insider participation.
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