Mr. Ryan Kalt reports

79 RESOURCES LTD. ANNOUNCES FINANCING

79 Resources Ltd. intends to seek capital by way of a non-brokered financing described herein.

Common share unit financing

The corporation intends to conduct a non-brokered common share unit financing consisting of up to two million common share units to be issued at a price of five cents per unit.

Each unit shall consist of one common share of the corporation 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 of the corporation at an exercise price of five cents per warrant share on any date prior to the date which is 60 months following the closing date of the financing, or tranche thereunder.

79 Resources plans to use the proceeds of the financing for working capital purposes.

Additional important information

To the extent there is a successful closing of the financing or tranche thereof, 79 Resources may pay a 6-per-cent cash finder's fee on certain subscriptions under the financing, which excludes cash finders' fees on subscriptions by insiders (as that term is defined by securities laws) who may in turn participate for greater than 25 per cent of the financing.

If completed, either in part or in whole, the financing will be subject to all applicable regulatory approvals and customary four-month hold periods on securities issued thereunder (as pursuant to applicable securities laws of Canada).

The corporation requires working capital to remain a going concern (see also "Risks and Uncertainties" sections of the corporation's financial reports available on SEDAR+).

Without limitation, in the absence of securing both immediate as well as future capital of material amount, the corporation, by reference to its current early stage, non-revenue producing state, anticipates that it may not be able to remain a going concern and/or to be able to sustain or rationalize a public listing (see also "Risks and Uncertainties" sections of the corporation's financial reports available on SEDAR+).

The corporation cautions that there is no assurance that it will be able to source funds and/or complete the financing, in part or in whole.

About 79 Resources Ltd.

79 Resources is a Vancouver-based junior mining exploration company. Traded on the Canadian Securities Exchange under the symbol SNR, the corporation seeks to acquire, explore and develop mineral exploration projects.

79 Resources currently holds the Five Point copper-gold project in British Columbia and the North Preston uranium project in Saskatchewan.

The corporation is subject to various risks and uncertainties, including those risks and uncertainties set out in public filings made by the issuer, such public filings and other important disclosures available through SEDAR+ and the corporation's disclosure hall on the Canadian Securities Exchange.

We seek Safe Harbor.