Revelo Resources Corp. reports that, as outlined and described in its news releases dated February 6, April 21, and April 27, 2020, it has continued with its restructuring and obtained TSX Venture Exchange approval for the settlement of certain management debt, with remaining management debt being written off, to a total of $3.8 million, as [...]
Revelo Resources Corp. announces that the date for the consolidation of its common shares on the basis of one "new" common share for ten "old" common shares has been set. Effective Wednesday, April 29, 2020, the common shares of the Company will commence trading on the TSX Venture Exchange on a consolidated basis under the same stock symbol "RVL [...]
Revelo Resources Corp. is pleased to announce that it has repaid all third-party debt totalling approximately CAD$ 2.54 million. As announced in our news release of February 6, 2020, over the past three years, a combination of cash loans and accrued fees from management, together with loans from Term Oil Inc. and EMX Royalty Corp., has provided the [...]
Revelo Resources Corp. is pleased to announce that the sale of 20 generative net smelter return royalty interests over exploration properties in Chile for proceeds of US$ 1.5 million, as announced by Revelo on January 20, 2020 and March 20, 2020, and by EMX on March 20, 2020, has closed. Two of the royalties were sold to an arm's length property [...]
The Initial Press Release incorrectly stated the date of of the Special Meeting of Shareholders where it should be Tuesday, April 7, 2020 at 10:00 a.m. . This correction does not change any other information reported in the Initial Press Release. Revelo Resources Corp. announces that due to the COVID-19 pandemic, the Company's Special Meeting of [...]
Revelo Resources Corp. announces that due to the COVID-19 pandemic, the Company's Special Meeting of Shareholders scheduled for Tuesday, April 7, 2019 at 10:00 a.m. , will be held by way of teleconference call only. For those who wish to attend, please use the following dial-in numbers and access codes as applicable: North America: 1-800-319-7310 [...]
Revelo Resources Corp. is pleased to announce that the Company has signed definitive documentation for the agreement to sell to EMX Royalty Corp. a number of generative net smelter return royalty interests over exploration properties in Chile. The original agreement with EMX was to sell a total of 20 NSR royalty interests for a cash total of US$1.5 [...]
Revelo Resources Corp. is pleased to announce that a review of its exploration strategy has concluded that key changes are required, centered on exploration of the Company's gold portfolio, while leveraging the copper portfolio through partners and spinouts. As a result, Revelo intends to initiate a series of initiatives as outlined below. The [...]
Revelo Resources Corp. is pleased to announce that the Company has agreed in principle to sell to EMX Royalty Corp. 20 generative net smelter return royalty interests over exploration properties for a cash total of US$1.5 million. The NSR royalty interests being sold include 11 generative NSR royalty interests on projects currently owned by third [...]
Revelo Resources Corp. announces an amendment to the Letter of Intent signed with BMR Group PLC in relation to Revelo's Montezuma copper project in northern Chile. Under the terms of the original LOI, Revelo gave BMR the option to earn an 80% interest in the Montezuma project in exchange for certain exploration investments into the project [...]
Revelo Resources Corp. is pleased to provide an update on its wholly-owned Arrieros project located along the principal copper producing belt of northern Chile. The 14,000 hectares Arrieros project was recently separated from the original 30,000 hectare Montezuma project , and is available for option and joint-venture agreements with potential [...]
Revelo Resources Corp. is pleased to announce that it has signed a Letter of Intent with BMR Group PLC , a private UK company engaged in mineral resources, that will allow BMR to acquire an 80% interest in Revelo's Montezuma copper project in northern Chile. Under the terms of the LOI, Revelo will be issued with new shares for a 19.9% equity [...]