Revival Gold Inc. has increased its non-brokered private placement to C$13.68 million, with Dundee Corporation participating to maintain equity ownership. EMR Capital Management Limited will purchase 32,069,531 Common Shares for gross proceeds of US$11.3 million. EMR and Dundee’s pro-forma interest in Revival Gold is expected to be approximately 11.8% and 5.3%, respectively. Common Shares offered in Canada (except Quebec) will be freely tradeable, and those sold in the U.S. will be through exemptions from registration requirements. The proceeds will fund exploration and development of projects. The offerings are subject to regulatory approvals and expected to close on July 29, 2025.
Read more at GlobeNewswire: Revival Gold Announces Dundee Corporation Exercise of