79 Resources Ltd. reports that it has today granted an aggregate of 2,395,00 incentive stock options, having an exercise price of $0.10 each, to certain directors, officers and consultants of the Corporation. The incentive stock options are exercisable for a period of 60 months, vest immediately and are subject to the policies of the Canadian Securities Exchange and the terms of the Corporation's stock option plan. About [...]
79 Resources Ltd. is pleased to announce that it has appointed Christina Kalt to its Board of Directors, effective immediately. Ms. Kalt is an experienced executive who has helped lead the planning, design and construction of more than $8 billion of infrastructure projects across Canada. Based in Toronto, Ms. Kalt is a registered architect in the Province of Ontario and holds certification as a Professional Land [...]
79 Resources Ltd. is pleased to report that it has engaged Precision GeoSurveys Inc. to complete additional geophysical exploration work at its Five Point Copper-Gold Project located near Houston, British Columbia. "We are pleased to expand 79 Resources geophysical coverage at our large-scale Five Point project. This exploration work provides us with an important, growing and proprietary dataset around which field-based [...]
79 Resources Ltd. is pleased to announce the appointment of Nicholas Koo, CPA, CA as Chief Financial Officer of the Corporation and Dong Shim, CPA, CA, as Controller of the Corporation. "We are pleased to expand and strengthen our financial reporting team with the welcoming of Nicholas Koo, CPA, CA as 79 Resources new CFO. Nicholas will be supported by a concurrent appointment of Dong Shim, CPA, CA as 79 Resources [...]
79 Resources Ltd. is pleased to announce that it has commenced a district-scale geophysical survey at its Five Point Copper-Gold Project located near Houston, BC. The survey is being performed by Precision GeoSurveys Inc. Comprising 2,290 line-kilometres, the heli-borne geophysical exploration program will assist 79 Resources in identifying potential structures that may prospectively deliver high-priority copper-gold [...]
79 Resources Ltd. is pleased to announce that further to its press release dated October 27, 2021, the Company has closed a first tranche of its non-brokered private placement. The Company issued 1,575,000 non-flow-through common share units at a price of $0.10 per Unit and 1,077,000 flow-through common share units at a price of $0.125 per FT Unit, for aggregate gross proceeds of $292,152.00. Each Unit is comprised of one [...]
79 Resources Ltd. announces that Ryan Kalt has agreed to join 79 Resources as its Chief Executive Officer, and has been appointed to the Company's board of directors as Chairman. "I am pleased to accept these appointments at 79 Resources. As the company's largest shareholder, I believe 79 Resources has strong potential to add value for shareholders through its robust and expanding project platform. Copper-gold exploration [...]
79 Resources Ltd. is pleased to announce that it has acquired the North Preston Uranium Project situated in the southwest region of Saskatchewan's Athabasca Basin. The Athabasca Basin is a major source of global uranium supply and provides a tier-one uranium exploration environment that hosts some of the world's highest-grade uranium deposits. The North Preston Uranium Project, more than 4,100 acres in size, is [...]
79 Resources Ltd. announces that it intends to conduct non-brokered private placement financings of flow-through and non flow-through units for combined aggregate gross proceeds of up to $1.25 million. The Company intends to issue up to 6,000,000 flow-through units at a price of $0.125 per FT Unit, for gross proceeds of up to $750,000. Each FT Unit will consist of one flow-through common share and one-half of one [...]
79 Resources Ltd. has requalified for listing following a fundamental change review. Disclosure documents will be available at www.thecse.com on the trading date. 79 Resources Ltd. is a Canadian-based junior mining exploration company. Traded on the Canadian Securities Exchange under the symbol SNR, the Company seeks to acquire, explore and develop high-potential mining assets that are situated in secure jurisdictions [...]
79 Resources Ltd. is pleased to report that it has closed its previously announced transaction to acquire all of the issued and outstanding common shares of Buck Gold Inc. as of October 20, 2021, pursuant to an arm's-length reverse takeover transaction. Buck Gold is an exploration company headquartered in Vancouver, which holds the Five Point Gold Property, a district-scale exploration project covering nearly 120,000 [...]
79 Resources Ltd. is pleased to announce that it has entered into a definitive share purchase agreement with an arm's-length Calgary-based investor to acquire all of the outstanding common shares of Buck Gold Inc. . Buck Gold is a privately held exploration company headquartered in Vancouver, British Columbia which controls approximately 1,200 square kilometres of mineral properties located near Houston, British Columbia [...]