NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) -- RevivalGoldInc.(TSXV:RVG,OTCQX:RVLGF) (“Revival Gold” or the “Company”), announces that it has closed its previously announced non-brokered private placement of 15,500,000 Units (the “Units”) at a price of $0.65 per Unit for aggregate gross proceeds of $10,075,000.00 (the “Offering”). Each Unit is comprised of one (1) common share of the Company (a “Common Share”) and one half of one (0.5) Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable into one (1) Common Share at a price of $0.90 at any time for a period of twenty-four (24) months from the closing of the Offering.
Read more at globenewswire.com