Mr. Ryan Kalt reports

EARLY WARNING NOTICE REGARDING 79 RESOURCES LTD.

Ryan Kalt 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 Canadian Securities Exchange (or other domestic exchange) for a period ended at market close on Oct. 12, 2023. Mr. Kalt further advises that for purposes of this news release he acquired, in combination with the acquired shares, a direct total of 900,000 common share stock options granted by the issuer on June 27, 2023, having an exercise price of five cents per common share stock option, which if exercised and when now combined with the acquired shares, together represent approximately 2.22 per cent of the currently issued common shares of the issuer.

As a result of the foregoing, Mr. Kalt has made the filing noted herein.

As at the date hereof, Mr. Kalt now holds, on an combined direct and indirect basis, the aggregate current total of 82,725,000 common shares of 79 Resources, representing approximately 80.96 per cent of the issuer's presently issued and outstanding common shares, and in addition to the forgoing, a further 1.6 million common share stock options, which if fully exercised, would represent 1.6 million common shares being approximately 1.57 per cent of the issuer, and so together numerically constituting approximately 82.52 per cent of the issuer as now comprised.

Mr. Kalt is the chairman and chief executive officer of the issuer.

The shares were acquired by Mr. Kalt for investment purposes. Mr. Kalt may acquire additional securities of the issuer either on the open market or through private acquisitions or sell securities of the issuer either on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors. Other than the foregoing, Mr. Kalt does not have plans or any future intentions which relate to or would result in any of the other foregoing matters.