Revelo Resources Corp: Shareholder Special Meeting Update
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2021) - Revelo Resources Corp. (TSXV: RVL) ("Revelo") reminds shareholders to cast their votes by 11:00 am (Vancouver time) on Wednesday, January 27, 2021 for Revelo's Special Meeting of Shareholders with respect to its proposed merger with Austral Gold Limited. In light of the ongoing public health concerns related to the COVID-19 pandemic and to comply with the measures imposed by the federal and provincial governments, attendance...
2021-01-25 4:29 PM EST
Revelo - Acquisition of Shares of Pampa Metals Corporation (Formerly "Fireswirl Technologies Inc.")
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") has acquired ownership of 7,798,747 common shares (representing 19.9% of the outstanding shares) of Pampa Metals Corporation (formerly "Fireswirl Technologies Inc.") of Vancouver, BC. The shares were acquired through the sale by Revelo of eight copper projects in northern Chile to West Pacific Ventures Corp. which was then acquired by Pampa Metals pursuant to a...
2020-12-01 8:30 AM EST
Revelo Closes Sale of 8 Copper Projects
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") is pleased to announce that the agreement for Revelo to sell 8 copper-focused projects in northern Chile to West Pacific Ventures Corp. ("WestPac") in exchange for shares in WestPac and certain cash considerations, has closed (see news releases dated May 19, 2020, June 18, 2020 and August 17, 2020 for further information).Additionally, Pampa Metals Corporation...
2020-11-30 4:15 PM EST
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,...
2020-09-02 11:53 AM EDT
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...
2020-08-17 8:30 AM EDT
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...
2020-06-29 8:30 AM EDT
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...
2020-06-18 8:30 AM EDT
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...
2020-06-02 4:15 PM EDT
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...
2020-05-21 8:30 AM EDT
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 EDT
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 $3.8 million, as follows:The Chairman of the Company has written off...
2020-05-06 8:30 AM EDT
Revelo Sets Date for Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") announces that the date for the consolidation of its common shares on the basis of one (1) "new" common share for ten (10) "old" common shares has been set. Effective Wednesday, April 29, 2020, the common shares of the Company will commence trading on the TSX Venture Exchange on a consolidated basis under the same stock symbol "RVL". The new...
2020-04-27 5:28 PM EDT
Revelo Announces Repayment of Third-Party Debt, Reports Results of its Special General Meeting, and Provides Project Update
Vancouver, British Columbia--(Newsfile Corp. - April 21, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") is pleased to announce that it has repaid all third-party debt totalling approximately CAD$ 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 capital for Revelo to operate. These...
2020-04-21 8:30 AM EDT
Revelo Closes the Sale of its Generative NSR Royalty Portfolio for Proceeds of US$1.5 million
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") is pleased to announce that the sale of 20 generative net smelter return ("NSR") royalty interests over exploration properties in Chile for proceeds of US$ 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 owner, which exercised...
2020-03-26 6:30 AM EDT
CORRECTION FROM SOURCE: Revelo Announces Corporate Update - Special Meeting of Shareholders
This correction does not change any other information reported in the Initial Press Release.Vancouver, British Columbia--(Newsfile Corp. - March 24, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") announces that due to the COVID-19 pandemic, the Company's Special Meeting of Shareholders scheduled for Tuesday, April 7, 2020 at...
2020-03-24 6:37 PM EDT
Revelo Announces Corporate Update - Special Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") announces that due to the COVID-19 pandemic, the Company's Special Meeting of Shareholders scheduled for Tuesday, April 7, 2020 at 10:00 a.m. (Vancouver time), 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 (Toll Free)International: +1...
2020-03-24 5:58 PM EDT
Revelo Signs Definitive Agreement for the Sale of its Generative NSR Royalty Portfolio for Proceeds of US$1.5 million
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") is pleased to announce that the Company has signed definitive documentation for the agreement to sell to EMX Royalty Corp. (TSXV: EMX) ("EMX") a number of generative net smelter return ("NSR") royalty interests over exploration properties in Chile.The original agreement with EMX (see news release dated January 20, 2020) was to sell a total of 20 NSR royalty interests...
2020-03-20 7:30 AM EDT
Revelo Announces Corporate Reorganization & Vision for the Future
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") 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 Company will repay $2.23 million in 3rd party...
2020-02-06 4:30 PM EST
Revelo Agrees to Sell its Generative NSR Royalty Portfolio to EMX Royalty Corp
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2020) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") is pleased to announce that the Company has agreed in principle to sell to EMX Royalty Corp. (TSXV: EMX) ("EMX") 20 generative net smelter return ("NSR") 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 parties, and...
2020-01-20 8:30 AM EST
Revelo Amends Letter of Intent for its Montezuma Project with BMR Group PLC and Modifies Term Oil Loan
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2019) - Revelo Resources Corp. (TSXV: RVL) ("Revelo" or the "Company") announces an amendment to the Letter of Intent ("LOI") signed with BMR Group PLC ("BMR" - see news release dated July 29, 2019) 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...
2019-10-03 8:30 AM EDT