Gold79 Mines Ltd. announced non-brokered private placement to issue 4,000,000 units at an issue price of CAD 0.25 per unit for the gross proceeds of CAD 1,000,000 on April 11, 2024. Each Unit will consist of one post-consolidation common share and one-half post-consolidation common share purchase warrant with each whole warrant will entitle the holder to purchase one common share at a price of CAD 0.30 per share for a period of 24 months following the date of issuance. Any securities issued under the Offering will be subject to a statutory hold period of four months and one day from the date of issuance.

This Offering is subject to approval of the TSX Venture Exchange. The anticipated closing date of the Offering is April 30, 2024. It is anticipated that certain officers and directors of the Company will participate in the Offering.

The company may pay commissions to qualified finders in Canada in connection with the Offering. Any finder fees paid would be in accordance with TSX-V policies.