Revival Gold secures strategic placement with EMR Capital

Revival Gold Inc. has agreed to a strategic placement with EMR Capital Management Limited, who will purchase 28,506,250 common shares at C$0.48 per share for gross proceeds of US$10 million. This partnership will give EMR approximately 10.86% interest in Revival Gold and the right to nominate a director to the Board. In addition, Revival Gold plans to complete a non-brokered private placement of up to C$10.32 million. Both placements are subject to regulatory approvals and are expected to close on July 29, 2025. Dundee Corporation also has the option to maintain its equity ownership interest in Revival Gold.

Read more at GlobeNewswire: Revival Gold Announces Strategic Placement with EMR Capital