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Revival closes C$5M placement

Revival Gold (TSXV:RVG) has closed a C$5 million (US$3.74 million) private placement, with management and Orion Mining Finance providing 12% of the funding in what it has called a “tough market”.

Revival closes C$5M placement Revival closes C$5M placement Revival closes C$5M placement Revival closes C$5M placement Revival closes C$5M placement

Revival was waiting on further drill pad approvals for Beartrack-Arnett in March

Revival is developing the Arnett and Beartrack properties in Idaho.

Last year, the company reported a maiden indicated resource at Beartrack comprising mill and leach material of 1.