Gold79 Engages Investor Relations Agency Kin Communications Inc.

Ottawa, Ontario--(Newsfile Corp. - November 6, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that it has engaged Kin Communications Inc. ("Kin") to assist with its investor relations activities.

Kin Communications is a full-service investor relations agency with a deep understanding and record of accomplishment in the junior mining exploration and development sector. Kin works towards fostering long-term relationships with shareholders, investment professionals, newsletter writers, and media to assist companies in communicating their corporate message to its prospective audience.

Under the terms of the investor relations agreement, Kin has agreed to assist Gold79 with its investor relations activities, including communicating with investment advisors, analysts, portfolio managers and media for a period of 12 months and on a month-to-month basis thereafter. In consideration for the services, the Company has agreed to pay Kin CDN$15,000 per month plus GST for the initial 12-month period and will grant 500,000 stock options having a five year term to expiry from the grant date. Vesting of the stock options will be quarterly following the grant date in accordance with TSX Venture Exchange ("TSX-V") policy. These stock options will be granted within 90 days of the engagement date.

Kin Communications Inc. is owned by Arlen Hansen of North Vancouver. Neither Kin or Arlen Hansen currently own any securities of Gold79.

The investor relations agreement with Kin and the grant of stock options thereunder are subject to the approval of the TSX-V.

About Kin Communications

Kin Communications is a full-service investor relations agency delivering last-mile IR services across multiple industries including technology, mining, energy, and more since 2007. Through the Kinvestor brand, Kin also creates opportunities for investors and public companies to connect through its virtual investor conferences.

Kin Communications was the agency of record for Ventana Gold, Nevsun Resources, NexGen Energy, ISOEnergy, Sigma Lithium, Potash One, and engages with like-minded, value driven publicly traded companies aiming to create shareholder value with integrity.

For more information about Kin Communications, please visit kincommunications.com, follow us on Twitter and LinkedIn, or subscribe to our YouTube channel.

About Gold79 Mines Ltd.

Gold79 Mines Ltd. is a TSX-V listed company focused on building ounces in the Southwest USA. Gold79 has four gold projects, two of which are partnered with major gold producers (Kinross at Jefferson Canyon and Agnico at Greyhound). Gold79 is focused on establishing a maiden resource at its Gold Chain project in Arizona and advancing its Tip Top Project in Nevada.

FORWARD-LOOKING STATEMENTS:

This press release may contain forward looking statements that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business including the proposed Transaction with Bullet Exploration Inc. and proposed private placement or any future private placements, the uncertainty as to whether further exploration will result in the target(s) being delineated as a mineral resource, capital expenditures, operating costs, mineral resources, recovery rates, grades and prices, estimated goals, expansion and growth of the business and operations, plans and references to the Company's future successes with its business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's most recent annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR at www.sedar.com. Gold79 does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229003