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79 Resources Ltd. Launches Share Unit Financing
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79 Resources Ltd. Launches Share Unit Financing

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

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79 Resources Ltd., a Vancouver-based junior mining exploration company, has announced a new non-brokered financing initiative aimed at raising capital through the issuance of up to 1,000,000 common share units at $0.05 each. These units include a share and a purchase warrant, with proceeds intended for working capital. The financing, subject to regulatory approvals, also allows for a potential 6% finder’s fee, excluding insider subscriptions.

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

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