79 Resources Ltd (TSE:SNR) has released an update.
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79 Resources Ltd., a Vancouver-based company, is set to raise funds through a non-brokered financing initiative, offering up to 2 million common share units at $0.05 each. These units include both a common share and a five-year warrant, with proceeds aimed at bolstering the company’s working capital. The completion of this financing is contingent upon regulatory approvals and includes a customary four-month hold period for the issued securities.
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