https://newsletter.en.creamermedia.com
Exploration|Gold|PROJECT|Resources
Exploration|Gold|PROJECT|Resources
exploration|gold|project|resources

Revival upsizes equity financing to C$29m after Dundee exercises rights

16th July 2025

By: Creamer Media Reporter

     

Font size: - +

Mine developer Revival Gold has increased the size of its previously announced non-brokered private placement to C$29.08-million following Dundee’s decision to exercise its participation rights and maintain its ownership stake.

Dundee’s wholly owned unit, Dundee Resources, will participate in the concurrent offering, which was upsized from C$13.68-million to accommodate the additional demand. Revival is offering 28.5-million shares at C$0.48 each under the expanded placement.

The financing comes alongside a previously announced strategic placement by EMR Capital, which agreed to purchase 32.1-million shares for $11.3-million. The two offerings together are expected to raise just over C$29-million.

The proceeds will support continued exploration and development at Revival’s Mercur project, in Utah, and Beartrack-Arnett project, in Idaho, as well as general corporate purposes.

The transaction remains subject to regulatory approvals, including from the TSX-V, and is expected to close on or around July 29.

Edited by Creamer Media Reporter

Comments

Showroom

Tractor & Grader Supplies

Tractor & Grader Supplies (TGS™): Your Trusted, Genuine Source for New Replacement Parts for Earthmoving, Construction and Mining Machinery

VISIT SHOWROOM 
AQS Liquid Transfer
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (11/07/2025)
11th July 2025 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.226 0.315s - 184pq - 2rq
Subscribe Now