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Revival Gold ( (TSE:RVG) ) has shared an announcement.
Revival Gold Inc. has entered a strategic agreement with Dundee Corporation, through which Dundee will purchase 10,000,000 units of Revival Gold for CAD$3.2 million. This investment will support Revival Gold’s project development and general corporate purposes. Dundee, a TSX-listed investment firm, will also collaborate with Revival Gold on metallurgical studies using proprietary technologies. The agreement provides Dundee a right of refusal on future equity financings, allowing it to maintain its stake in the company.
More about Revival Gold
Revival Gold Inc. operates in the mineral exploration and development industry, focusing on advancing projects related to precious metals. The company is listed on the TSXV and OTCQX markets.
YTD Price Performance: 17.50%
Average Trading Volume: 164,693
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $48.01M
See more data about RVG stock on TipRanks’ Stock Analysis page.