Revolugroup canada inc. successfully completes $1.5 million private placement, formally announces gavin mcmillan as ceo including allocation of 2 million incentive options

Vancouver, bc, oct. 10, 2023 (globe newswire) -- revolugroup canada inc. (tsx-v: revo ) , (frankfurt: ija2 ) (“the company”) is pleased to announce that further to the company's news release dated august 23, 2023, it has completed its $1,500,000 non-brokered private placement and has issued 30,265,530 units (each, a “unit”), at a price of $0.05 per unit, for gross proceeds of $1,513,276. 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 cad $0.10 each for a period of one (1) year from the date of issuance.
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