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RevoluGROUP Targets $1M in Strategic Private Placement
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RevoluGROUP Targets $1M in Strategic Private Placement

Revolugroup Canada Inc. (TSE:REVO) has released an update.

RevoluGROUP Canada Inc. has announced a non-brokered private placement targeting $1 million by selling units at $0.05, with additional warrants exercisable at $0.10. The initiative comes amidst conversations between the Company’s ex-CEO, Steve Marshall, and the current Chairman, following a period of significant growth and strategic achievements under Marshall’s leadership. The placement is pending TSX Venture Exchange approval and subject to customary hold periods and potential finder fees.

For further insights into TSE:REVO stock, check out TipRanks’ Stock Analysis page.

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