Mr. Patrick Donnelly reports

E79 RESOURCES ANNOUNCES COMPANY NAME CHANGE AND TRANSITION TO ENERGY METALS

Given the company's new focus on green metals within Brazil, E79 Resources Corp.'s board of directors has approved a change of the company's name to Serra Energy Metals Corp. The company expects the name change and ticker symbol change to SEEM to be effective Oct. 19, 2023.

The Company's CUSIP and ISIN identifiers will update because of the name change: CUSIP 81752V101 and ISIN CA81752V1013. Beneficial shareholders will have their common shares updated automatically. Registered holders will not be required to transmit their common shares under the old name but may contact the Company's transfer agent, Odyssey Trust Company, if they wish to exchange their common share certificates/DRS advices for new certificates/DRS advices in the new name.

Patrick Donnelly, President and CEO of E79, stated, "Change is a sign of progress, and the decision to rebrand E79 to Serra Energy Metals Corp reflects our strategic focus on the immense potential of Brazil's green metals sector. Brazil is a treasure trove of mineral resources, particularly lithium, copper, and nickel, vital for the green energy revolution. The country's conducive business environment and rich geology make it an exciting frontier for mineral exploration. We are inspired by the success of companies like Sigma Lithium, Lithium Ionic, and Latin Resources who have demonstrated their lucrative prospects in Brazil. As Serra Energy, we are eager to advance our exploration efforts and expect to announce a number of property transactions soon, further solidifying our commitment to unlocking Brazil's mineral potential and our contribution to a sustainable future."

About Serra Energy Metals Corp. (formerly E79 Resources Corp.)

Serra Energy Metals Corp. ("Serra") is focused on the exploration and development of green metal projects, primarily in Brazil. The Company's main interest lies in the exploration of nickel, copper, cobalt, and lithium, with an emphasis on identifying and investigating exploration targets that are drill-ready and are situated near infrastructure. The Company operates in Brazil, a rising hub for green metals with numerous active copper, nickel, and lithium mines. Serra has assembled a top-notch, experienced in-house exploration team based in the country.

We seek Safe Harbor.