Source: Revival Gold Inc.
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  • Revival Gold (RVG) has closed a non-brokered private placement for gross proceeds of $3,000,000
  • The offering consisted of 5,000,000 units at a price of $0.60 per unit
  • Net proceeds will be used to fund ongoing exploration and development at the company’s Beartrack-Arnett Gold Project
  • Revival Gold Inc. is a gold exploration and development company
  • Revival Gold Inc. opened trading at $0.60

Revival Gold (RVG) has closed its previously announced non-brokered private placement for gross proceeds of $3,000,000.

The offering consisted of 5,000,000 units at a price of $0.60 per unit. Each unit includes one common share and one-half of one share purchase warrant. Each whole warrant is exercisable into one common share at a price of $0.80 for a period of twenty-four months from the closing of the offering.

The net proceeds will be used to fund ongoing exploration and development at the company’s Beartrack-Arnett Gold Project in Lemhi County, Idaho.

The company paid commissions totalling $28,368 in cash and 47,280 finder warrants. 

All securities issued are subject to a statutory four-month hold period of four months.

Revival Gold Inc. is a gold exploration and development company.

Revival Gold Inc. opened trading at $0.60.


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