RevoluGROUP Canada Inc announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.05 each, to raise gross proceeds of up to CAD 1,000,000 on May 6, 2024. 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. The expiry of the Warrants may be accelerated at the sole discretion of the Company by written notice if the closing price for the Common Share on the TSX Venture Exchange shall be equal to or greater than CAD 0.15 for a minimum of ten (10) consecutive trading days.

The private placement is subject to TSX Venture Exchange approval, and all securities are subject to a four month-and-one-day hold period. Finder fees may be payable in connection with the private placement, all in accordance with the policies of the TSX Venture Exchange.