Core Viewpoint - Revolve Renewable Power Corp. has increased the size of its brokered private placement due to strong investor demand, aiming to raise up to $3,039,973 through the issuance of up to 15,999,857 units at a price of $0.19 per unit [1] Offering Details - The offering consists of units, each comprising one common share and one common share purchase warrant, with warrants exercisable at $0.40 for 24 months [1] - The offering is expected to close on or about November 6, 2025, subject to regulatory approvals [4] Use of Proceeds - Net proceeds from the offering are intended for advancing late-stage projects in the company's portfolio and for working capital purposes [3] Company Overview - Revolve was established in 2012 to meet the growing demand for renewable energy, focusing on utility-scale wind, solar, hydro, and battery storage projects across North America [6] - The company has developed and sold over 1,550 MW of renewable energy projects and is targeting 5,000 MW of utility-scale projects under development [7] Regulatory Compliance - The units will be offered under applicable exemptions from prospectus requirements in Canada and the United States [2]
Revolve Announces Upsize of Private Placement