Revival Gold closes C$33 million private placement at C$0.85 per share

  • Revival Gold closed a brokered private placement raising gross proceeds of C$ 33 million through sale of 38,825,000 common shares at C$ 0.85 each.
  • Net proceeds earmarked for advancing Mercur, including work toward a construction decision in under two years, with a preliminary feasibility study targeted for Q1 2027.
  • Funding also allocated to drilling at Beartrack-Arnett in Idaho, with ongoing work focused on expanding high-grade mineralization at Joss.
  • Strategic shareholder EMR Capital Management bought 9,412,000 shares, lifting its stake to 13.2% from 11.7%.
  • Agents received cash commission of C$ 1.98 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Revival Gold Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202605060912ACCESSWRNAPR_____1164182) on May 06, 2026, and is solely responsible for the information contained therein.

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