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Gitennes Exploration ( (TSE:REVX) ) has provided an announcement.
REV Exploration Corp. has arranged two non-brokered equity financings totaling up to $5.5 million, led by a $3.0 million hard-dollar private placement priced at $0.30 per share, with prominent resource investor Eric Sprott committing $2.0 million, and a concurrent $2.5 million LIFE Offering at $0.40 per share made to Canadian investors outside Québec. The capital, which is subject to customary TSX Venture Exchange and regulatory approvals and may include finder fees and warrants for intermediaries, is earmarked to advance REV’s flagship Aden Dome project on the Alberta–Montana border, support broader exploration including its Chibougamau gold project, and fund general corporate purposes, reinforcing the company’s ability to advance its diversified portfolio of gold and natural hydrogen assets.
More about Gitennes Exploration
REV Exploration Corp. is a mineral exploration company focused on gold and battery metal properties in Quebec, notably its JMW and Maxwell projects in the Chapais–Chibougamau area, and has growing exposure to the natural hydrogen sector through 100%-owned PNG leases along the Alberta–Montana border, including the drill-ready Aden Dome. The company also holds a significant equity position in MAX Power Mining Corp., which controls Canada’s largest permitted land package for natural hydrogen in Saskatchewan, positioning REV at the intersection of precious metals and emerging energy-related resources.
Average Trading Volume: 134,243
Technical Sentiment Signal: Buy
Current Market Cap: C$14.47M
See more data about REVX stock on TipRanks’ Stock Analysis page.