SNR:CC - 79 Resources Ltd. Proposes Corporate Name Change
(TheNewswire)
Vancouver, British Columbia / TheNewswire / March 14, 2024 – 79 Resources Ltd. (CSE: SNR)(“ 79Resources ” or the " Corporation " orthe “ Issuer ”) reports that it intends to seek acorporate name change with a view to reflect ongoing businessopportunities.
Subject to certain approvals, the Corporation plans topursue a name change to “Quebec Lithium Inc.” (the “NameChange”), or such other name duly selected by the Corporation. Inorder to successfully do so, the Corporation must file a request withand obtain approval from its listed exchange, being the CanadianSecurities Exchange (the “CSE”).
Issuer updates related to the same, including as mayrelate to its approval request to the CSE, shall be provided toshareholders as available and applicable.
While the Corporation has received written support fromits majority shareholder endorsing the proposed name change there isno assurance that the Issuer will be able to complete the Name Changeon terms amenable to the Issuer, if at all.
The Issuer previously disclosed an anticipatedportfolio addition of a lithium project in Quebec (see news releasedated March 13, 2024).
About 79 Resources Ltd.(CSE:SNR)
79 Resources is a Vancouver-based junior miningexploration company. Traded on the Canadian Securities Exchange underthe symbol SNR, the Corporation seeks to acquire, explore and developmineral exploration projects. 79 Resourcescurrently holds the Five Point Copper-Gold Project in British Columbiaand the North Preston Uranium Project in Saskatchewan. For additionalinformation, please visit www.79resources.com.
On Behalf of the Board ofDirectors
Ryan Kalt
Chairman & Chief Executive Officer
Email: info@79resources.com
Tel: 604.687.2038
Forward-Looking Statements
This news release contains forward-looking statementswithin the meaning of Canadian securities laws. Some of theforward-looking statements can be identified by the use offorward-looking words. Statements that are not historical in nature,including the words "anticipate," "expect,""suggest," "plan," "believe,""intend,", “intention” "estimate,""target," "project," "should,""could," "would," "may,""will," "forecast" and other similar expressionsare intended to identify forward-looking statements. Forward-lookingstatements address future events and conditions and therefore involveinherent risks and uncertainties, including but not limited to thematters related to the Name Change, such as necessary approval by theCSE and more generally the ability of the Corporation to successfullycomplete the Name Change. Actual results may differ materially fromthose currently expected or forecast in such statements.
Neither the CSEnor its Regulation Services Provider (as that term is defined in thepolicies of the CSE Exchange) accepts responsibility for the adequacyor accuracy of this release.
Copyright (c) 2024 TheNewswire - All rights reserved.