Revolve Renewable Power Announces $1.2M Private Unit Offering

Revolve Renewable Power Corp., a developer and operator of renewable energy projects in North America, has announced its intention to complete a private placement of units, aiming to raise up to $1.2 million. The offering price is set at $0.25 per unit, with each unit comprising one common share and one warrant, exercisable at $0.40 for 24 months post-offering.

The placement targets Canadian buyers under certain exemptions and may extend to US and international markets under relevant securities regulations. Proceeds will aid in developing projects in the US, Canada, and Mexico, alongside covering working capital needs.

Closing is expected by June 30, 2025, subject to regulatory approvals. A potential finders' fee of up to 6% applies to introduced subscribers, matching warrants may also be issued. Investors are advised to review the detailed offering document available on SEDAR+ and Revolve's website.