RevoluGROUP Canada (TSE:REVO) has released an update.
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RevoluGROUP Canada Inc. has received a 7 million CAD cash private placement subscription offer from Meridien Holdings Inc., which is subject to regulatory approval and includes conditions such as warrants issuance and board representation changes. The Board of RevoluGROUP is currently evaluating the offer, ensuring it aligns with regulatory requirements and the company’s standards, particularly concerning the source of funds and proposed new business plans.
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