Revival Gold Announces Non-Brokered Private Placement Financing

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TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”), announces its intention to complete a non-brokered private placement of up to 11,000,000 units of the Company (the “Units”) at a price of C$0.35 per Unit (the “Issue Price”) for gross proceeds of up to C$3,850,000 (the “Financing”). Each Unit will be 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 will entitle the holder thereof to acquire one (1) Common Share (a “Warrant Share”) at an exercise price of C$0.45 per Warrant Share at any time for a period of thirty-six (36) months following the closing of the Financing.

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