19:32:36 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Revelo Resources Corp (2)
Symbol RVL
Shares Issued 16,740,503
Close 2020-05-05 C$ 0.12
Market Cap C$ 2,008,860
Recent Sedar Documents

Revelo investor Winn acquires 16.29 million shares

2020-05-07 12:55 ET - News Release

Mr. Michael Winn, investor, reports

ACQUISITION OF FURTHER SHARES & WARRANTS OF REVELO RESOURCES CORP.

Michael D. Winn has acquired ownership of 16,296,015 (postconsolidated) common shares (representing 42.19 per cent of the outstanding shares) of Revelo Resources Corp. of Vancouver, B.C., pursuant to Revelo's recent shares-for-debt settlement, at a price of 15 cents per share.

Immediately prior to the acquisition, Mr. Winn owned 1,101,888 (postconsolidated) common shares (representing 6.58 per cent of Revelo's outstanding common shares).

Mr. Winn now owns 17,397,903 (postconsolidated) common shares (representing 45.04 per cent of Revelo's outstanding common shares).

The shares were acquired under the exemptions set out in Section 2.14 of National Instrument 45-106 -- Prospectus Exemptions. Presently, Mr. Winn does not have any intention of acquiring any further securities of Revelo, but may acquire ownership of, or control over, further securities in the future, depending on market circumstances.

Mr. Winn has filed an early warning report with the British Columbia, Alberta and Ontario securities commissions in respect of the acquisition. Copies of the report may be obtained, without charge, from SEDAR, Revelo or Mr. Winn.

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