REVOLUGROUP CANADA INC. ("REVO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 16, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on August 23, 2023:
Number of Shares: 30,265,530 shares
Purchase Price: $0.05 per share
Warrants: 30,265,530 share purchase warrants to purchase 30,265,530 shares
Warrant Exercise Price: $0.10 for a one-year period, subject to an acceleration clause
Number of Placees: 17 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 5 16,420,000
Aggregate Pro Group Involvement: N/A N/A
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: N/A N/A N/A
The Company issued news releases on September 20, 2023, and October 10, 2023, confirming the closing of the private placement. Note that in certain circumstances, the Exchange may later extend the expiry date of the warrants if they are less than the maximum permitted term.
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