79 Resources has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every five pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 20,436,400 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on April 10, 2024 [...]
79 Resources announces that it intends to complete a consolidation of the authorized and issued common shares of the Corporation on the basis of one post-consolidated Common Share for each five pre-consolidation Common Shares. The Corporation believes that the Consolidation is necessary to improve its corporate flexibility and may also make the Issuer's listed security and capital structure more attractive to investors [...]
79 Resources Ltd. provides a corporate update. The Corporation advises that it will not be proceeding with the proposed name change to Quebec Lithium Inc. The Corporation also reports that it will not be proceeding with the proposed purchase of either the Corvette Lake Lithium Project or the Edison Copper and Precious Stone Project. 79 Resources is a Vancouver-based junior mining exploration company. Traded on the [...]
79 Resources reports that it intends to seek a corporate name change with a view to reflect ongoing business opportunities. Subject to certain approvals, the Corporation plans to pursue a name change to "Quebec Lithium Inc.", or such other name duly selected by the Corporation. In order to successfully do so, the Corporation must file a request with and obtain approval from its listed exchange, being the Canadian [...]
79 Resources reports that it intends to conduct a non-brokered private placement to raise capital and it is providing a corporate update. Financing The Corporation reports that it intends to conduct a non-brokered common share unit financing consisting of up to 1,000,000 common share units to be issued at a price of $0.02 per Unit. Each Unit will consist of one common share of the Corporation and one common share purchase [...]
79 Resources provides the following updates: Annual General and Special Meeting of Shareholders The Corporation is pleased to report that all of the resolutions, to their applicable extent, and as put forth to shareholders at its annual general and special meeting of shareholders held earlier today in Vancouver, were duly passed and put into effect. The AGSM Resolutions were described, with particulars, in the [...]
Ryan Kalt reports that he has acquired, on an indirect basis and in the aggregate, a total of 1,368,000 common shares of 79 Resources Ltd. with aggregate cash consideration paid of approximately $31,225, and such acquisitions made by way of open-market purchases through facilities of the CSE for a period ended at market close on October 12, 2023. Mr. Kalt further advises that for purposes of this news release he acquired [...]
79 Resources Ltd. today provides the following corporate update. Director Appointment The Corporation is pleased to announce the appointment of Mr. Eugene Hodgson to its Board of Directors, the Board Appointment having immediate effect. Mr. Hodgson has had an extensive career in the capital markets and with listed issuers incorporating leadership roles in a diverse range of private industry companies, including currently [...]
Ryan Kalt reports that he has acquired, on an indirect basis and in the aggregate, a total of 1,357,000 common shares of 79 Resources Ltd. through Kalt Industries Ltd., an entity wholly-owned by Mr. Kalt, with aggregate cash consideration paid of approximately $32,615, and such acquisitions made by way of open-market purchases through facilities of the CSE for a period ended at market close on June 13, 2023 . Mr. Kalt [...]
79 Resources is pleased to announce the appointment today of Mr. Brian Hearst to its Board of Directors. Mr. Hearst is a Chartered Accountant with over 30 years of experience in the resource industry, including 15 years as a Chief Financial Officer of junior and senior public companies. He currently acts in a financial advisory capacity for emerging entities in the resource industry and prior thereto was the Chief [...]
79 Resources Ltd. reports that it has today received and accepted the resignation of Mr. Charles Desjardins as a Director. 79 Resources would like to extend its congratulations to Mr. Desjardins who has recently been appointed as the new CEO of publicly listed Rock Edge Resources Ltd. and wishes Mr. Desjardins continued success in his forward endeavours. The Corporation expresses its appreciation for his past service on [...]
79 Resources Ltd. is pleased to report that all of the resolutions put forth at its annual meeting of shareholders on October 13, 2022 have been duly passed. As further described in the Corporation's information circular dated August 29, 2022 , each of the proposed nominees were elected as directors of the Corporation so as to hold office until close of business of Corporation's next annual meeting of shareholders or the [...]
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