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79 Announces New CEO and Board Appointments

Management Changes

Suite 1240 – 789 W. Pender St., Vancouver, BC V6C-1H2 Phone: 604-683-3995 Fax: 604-683-3988

79 Resources Ltd.

#1240, 789 W. Pender St., Vancouver, BC, V6C 1H2

79 ANNOUNCES NEW CEO AND BOARD APPOINTMENTS

Vancouver, British Columbia – December 23, 2020 – 79 Resources Ltd. (CSE: SNR) (“79” or

the “Company”) is pleased to announce the appointment s of Mr. Steven Feldman as Chief

Executive Officer and Director and Mr. William Rascan as a Director , effective immediately.

Mr. Feldman has over 25 years of capital markets experience including significant experience in

the mining and resource industry. Steven has consulted to a broad array of industr ies - from gold

explorers, battery metal technology developers and legal cann abis to copper miners and large-cap

coal producers. Notably, Steven’s mining experience includes managing Investor Relations at

SouthGobi Resources Ltd., a coal producer and the first TSX-listed miner to dual list on the Hong

Kong Stock Exchange.

Mr. Rascan joins 79 Resources with +30 years’ experience in the investment brokerage/capital

markets industry, most recently as President & CEO of Nova Mentis Life Science Corp (formerly

Liberty Leaf Holdings) and previous to that as CEO of Weststar Resources. During his tenure at

Liberty Leaf, William over saw all aspects of the business which included a fundamental change of

business into the cannabis sector, successfully shepherding its Health Canada cultivation and

processing license and growing the company to +$100mm mkt cap.

The Company further announces Gary Musil has resigned as Chief Executive Officer, President and

Director of the Company. Management would like to thank Gary for his invaluable service to the

Company and wish him well in his future endeavors.

About 79 Resources Ltd.

79 Resources Ltd. is a recently formed junior mining exploration company. Its objective is to

acquire, explore and develop precious and base metal properties of merit .

ON BEHALF OF THE BOARD

“John Masters”

John Masters, DIRECTOR

FOR FURTHER INFORMATION PLEASE

CONTACT: Telephone: 1-604-683-3995

Toll Free: 1-888-945-770

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for

the adequacy or accuracy of this release.