RevoluGROUP Canada Inc. Announces $2 Million Private Placement Led by Steve Marshall

Jan 21, 2022

Vancouver, BC, Jan. 21, 2022 (GLOBE NEWSWIRE) -- RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) ("the Company") announces a non-brokered private placement of up to 10,000,000 units at a price of $0.20 each, to raise gross proceeds of up to $2,000,000. Each unit will consist of one common share and one warrant (each, a "Warrant") exercisable to purchase one additional common share at a price of $0.40 each for a period of one (1) year from the date of issuance. The expiry of the Warrants may be accelerated at the sole discretion of the Company by written notice if the closing price for the Common Share on the TSX Venture Exchange shall be equal to or greater than CAD $0.44 for a minimum of ten (10) consecutive trading days. A sizable lead order for this Private Placement is from CEO Steve Marshall.

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