Revolve Announces Upsize of Private Placement

Executive Summary

• Revolve Renewable Power Corp. increased its brokered private placement to up to 15,999,857 units at $0.19 per unit, targeting gross proceeds of approximately $3.04 million.
• Each unit consists of one common share and one warrant to purchase an additional share at $0.40 for 24 months after closing.
• Net proceeds are earmarked for advancing late‑stage renewable projects in the company’s portfolio and for general working capital; the offering is expected to close around November 6, 2025, subject to regulatory approvals.

Key Details

• Offering Size: Up to 15,999,857 units (each = 1 common share + 1 warrant).
• Issue Price: $0.19 per unit.
• Gross Proceeds Target: $3,039,973 (≈ $3.04 M).
• Warrant Terms: One‑year‑later exercise price of $0.40 per share, exercisable for 24 months after the closing date.
• Use of Proceeds: Advancement of late‑stage projects in Revolve’s portfolio and general working capital.
• Closing Date: Expected on or about November 6, 2025.
• Statutory Hold Period: Four months plus one day from the closing date per Canadian securities law.
• Regulatory Conditions: Subject to receipt of all required approvals, including TSX Venture Exchange approval and other applicable regulatory clearances.
• Agent: Beacon Securities Limited acting on a “best‑efforts” basis.

Notable Quotes

• “The strong investor demand underscores confidence in our growth strategy and provides the capital needed to move our late‑stage projects toward construction,” – Myke Clark, CEO.