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The latest announcement is out from Gitennes Exploration ( (TSE:REVX) ).
REV Exploration Corp. has successfully closed its non-brokered private placement financing, raising a total of C$1.2 million through the LIFE Offering and a concurrent private placement with strategic investors. The funds will be utilized for working capital and general corporate purposes, positioning the company for a strong second half of 2025. The participation of company insiders in the offering highlights a related party transaction, although it did not require additional shareholder approval due to its size relative to the company’s market capitalization.
More about Gitennes Exploration
REV Exploration Corp. is a mineral exploration company with a focus on gold and battery metal properties in Quebec, particularly in the Chapais-Chibougamau area. The company also has significant involvement in the Natural Hydrogen sector in Alberta and Saskatchewan, with options to acquire 100% of PNG leases along the Alberta-Montana border and a notable equity position in MAX Power Mining Corp.
Average Trading Volume: 56,199
Technical Sentiment Signal: Buy
Current Market Cap: C$9.2M
For detailed information about REVX stock, go to TipRanks’ Stock Analysis page.