79 Resources Ltd. announced a non-brokered common share unit financing consisting of up to 1,000,000 common share units to be issued at a price of CAD 0.02 per unit for the gross proceeds of CAD 20,000 on March 13, 2024. Each unit will consist of one common share and one common share purchase warrant that entitles the holder of a warrant, upon further payment to the corporation, to acquire one additional common share at an exercise price of CAD 0.05 per warrant share on any date prior to the date which is 60 months following the closing date of the financing or tranche thereunder. The corporation may pay a 6% cash finder's fee on certain subscriptions under the financing, if applicable.

The insiders may participate for 25% or more of the financing in effort to support the financial position of the corporation. The financing is subject to all applicable regulatory approvals as well as a customary four-month hold period on securities issued, all as pursuant to applicable securities laws of Canada.