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Gitennes Rebrands to REV Exploration Amidst Strategic Expansion

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Gitennes Rebrands to REV Exploration Amidst Strategic Expansion

The latest announcement is out from Gitennes Exploration ( (TSE:GIT) ).

Gitennes Exploration Inc. announced a rebranding to ‘REV Exploration Ltd.’ following a successful $1.5 million financing and key management changes. This change aligns with their strategy to expand into new exploration frontiers and reflects the company’s ambition to enhance its market presence. The company’s shares will trade under the new name and symbol ‘REVX’ without affecting the existing share structure. Additionally, Mansoor Jan has resigned from the Board of Directors, and his contributions were acknowledged by interim CEO Jordan Potts.

More about Gitennes Exploration

Gitennes Exploration Inc. operates in the mining industry, focusing on battery metals and gold exploration properties in Quebec, Canada. The company owns two properties in the Sept-Iles region for nickel, niobium, and tantalum exploration, and two gold properties in the Chapais-Chibougamau area.

YTD Price Performance: 4.44%

Average Trading Volume: 66,271

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$12.34M

Learn more about GIT stock on TipRanks’ Stock Analysis page.

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