REV Exploration Raises C$1.2mm in Equity
Aug 14, 2025
2 min read
REV Exploration, a Canadian miner with natural hydrogen assets in Alberta and gold assets in Quebec, closed a combined C$1.2mm financing, consisting of a LIFE Offering of 1mm shares at C$0.20/sh (~37% discount to the previous close) for C$0.2mm and a concurrent private placement of 5mm units at C$0.20/unit for C$1mm. Each unit included one share and half warrant, with full warrants exercisable at C$0.35/sh for 24 months. Proceeds will be directed to working capital and general corporate purposes. Shares issued under the LIFE Offering are free trading, while those under the private placement are subject to a 4-month hold.