Revelo Resources Corp.

Recent News

  • Revelo and Austral Gold Announce Signing of Non-Binding Offer Letter for Austral to Acquire Revelo for Shares and Cash

    Vancouver, British Columbia--(Newsfile Corp. - September 2, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo") and Austral Gold Limited (ASX: AGD), (TSXV: AGLD) ("Austral") are pleased to announce they have entered into a conditional non-binding letter of intent ("Offer Letter") pursuant to which Austral would purchase all the outstanding shares of Revelo (the "Revelo Shares") in exchange for shares in Austral and cash (the "Transaction"). The key terms of the Offer Letter are non-binding, except for exclusivity, confidentiality, term,...

    2020-09-02 11:53 AM ET
  • Revelo Provides Update for Sale of Copper Projects to West Pacific Ventures Corp.

    Vancouver, British Columbia--(Newsfile Corp. - August 17, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") is pleased to provide an update on progress of the previously announced binding letter agreement (the "LOI") whereby Revelo will sell 8 copper-focused projects to West Pacific Ventures Corp. ("WestPac") in exchange for shares in WestPac and certain cash considerations (see news releases dated May 19, 2020 and June 18, 2020).Revelo has signed a definitive Property Sale and Purchase Agreement (the...

    2020-08-17 8:30 AM ET
  • Revelo Provides Update for Its Gold-Silver Projects in Northern Chile

    Vancouver, British Columbia--(Newsfile Corp. - June 29, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") is pleased to outline its intentions for the exploration of its gold-silver projects in northern Chile.Revelo wholly-owns four gold-silver projects covering more than 38,000 hectares of ground along northern Chile's highly prospective and productive mineral belts. Revelo intends to focus its post-Covid activities and exploration funds, subject to Revelo raising new capital, on a rolling program of exploration on these projects in...

    2020-06-29 8:30 AM ET
  • Revelo Reports Progress on the Agreement to Sell 8 Copper Projects in Chile

    Vancouver, British Columbia--(Newsfile Corp. - June 18, 2020) -  Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") is pleased to report that West Pacific Ventures Corp. ("WPV") has signed a Binding Letter of Intent with Fireswirl Technologies Inc. (TSXV: FSW.H) ("Fireswirl"), by which Fireswirl is proposing to acquire 100% of the outstanding shares of West Pacific in consideration for shares of Fireswirl in a Reverse Take Over ("RTO"). The resulting company will apply to list on the Canadian Securities...

    2020-06-18 8:30 AM ET
  • Revelo Provides Updates on its Option Agreements with Sociedad Quimica y Minera de Chile S.A. (SQM) & Teck Resources Chile Ltda.

    Vancouver, British Columbia--(Newsfile Corp. - June 2, 2020) -  Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") reports that its Exploration Option Agreement with Sociedad Quimica Y Minera de Chile S.A. ("SQM"), signed in April 2019, which would have allowed SQM to acquire up to an 80% interest in Revelo's Calvario and Mirador copper projects in Chile, has been terminated by SQM. Both Calvario and Mirador display widespread geological characteristics indicative of the upper parts of possible porphyry...

    2020-06-02 4:15 PM ET
  • Revelo Sets the Stage for Its Next Phase of Exploration and Growth

    Vancouver, British Columbia--(Newsfile Corp. - May 21, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") reports it has concluded a series of key milestones that set the stage for the company's next phase of development. These actions included capital restructuring, repayment of third-party debt, conversion of management debt and completion of beneficial transactions (as indicated in the company's news release of February 6, 2020). As a result, Revelo approaches 2020/2021 with an improved capital structure and balance sheet, a...

    2020-05-21 8:30 AM ET
  • Revelo Signs Binding Letter of Intent to Sell 8 Copper-Focused Projects in Chile

    Vancouver, British Columbia--(Newsfile Corp. - May 19, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") is pleased to announce that it has signed a Binding Letter of Intent ("LOI") with West Pacific Ventures Corp. ("WPV"), a private Canadian company, that will allow WPV to acquire a 100% interest in eight of Revelo's copper-focused projects in northern Chile.Under the terms of the LOI, Revelo will receive new shares of WPV that in turn will be exchanged for shares...

    2020-05-19 4:15 PM ET
  • Revelo Obtains Approval for Management Debt Settlement And Provides Updated Share Structure

    Vancouver, British Columbia--(Newsfile Corp. - May 6, 2020) -  Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") 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 follows:The Chairman of the Company has written off $513,000...

    2020-05-06 8:30 AM ET