ReVolve Renewable Power is pleased to announce that it has completed its previously announced acquisition of all of the outstanding securities of ReVolve Renewable Power a developer of utility scale renewable energy generation projects in North America, with a particular focus on wind, solar and battery storage technologies. In connection with the [...]
Philippine Metals and ReVolve Renewable Power Limited are pleased to announce that the TSXV has conditionally approved the previously announced reverse take-over transaction of PMI pursuant to a definitive business combination agreement dated Feb 7, 2022 with ReVolve and its securityholders, pursuant to which PMI will acquire all of the issued and [...]
Philippine Metals announces that the Company has signed a Definitive Agreement with ReVolve Renewable Power Limited in connection with its planned reverse takeover transaction and as further described in its news releases dated June 24, 2021, Sept 7, 2021, Oct 25, 2021, Nov 29, 2021, Dec 10, 2021 and Dec 30, 2021. The Transaction is subject to [...]
Philippine Metals announces that, further to its news releases dated November 29, 2021 and December 10, 2021, the Company has completed the second and final tranche of its subscription receipt financing of 2,000,000 Subscription Receipts at $0.50 per Subscription Receipt for total gross proceeds of $1,000,000. Due to increased demand, the Company [...]
Philippine Metals announces that, further to its news releases dated June 24, Sept 7, Oct 25, 2021 and November 29, 2021, the Company has completed the first tranche of its subscription receipt financing of 3,180,793 Subscription Receipts at $0.50 per Subscription Receipt for total gross proceeds of $1,590,396.50. The First Tranche is being [...]
Philippine Metals announces that, further to its news releases dated June 24, September 7 and October 25, 2021, the Company has increased its subscription receipt financing to up to 3,500,000 Subscription Receipts at $0.50 per Subscription Receipt for total gross proceeds of up to $1,750,000. The PMI Financing is being conducted pursuant to the [...]
Philippine Metals Inc. provides the following update with respect to the previously announced transaction with ReVolve Renewable Power Limited. Subscription Receipt Financing The Company announces that it has initiated a subscription receipt financing to raise up to $1,500,000. The PMI Financing consists of the sale of up to 3,000,000 Units at a [...]
Philippine Metals Inc. announces that a total of 150,000 incentive stock options have been granted to an independent director of the Company pursuant to the Company's stock option plan. The options have an effective grant date of September 29, 2021 and are exercisable on or before July 7, 2022 at a price of $0.075 per share. "Craig T. Lindsay [...]
Philippine Metals Inc. is pleased to provide further information with respect to the proposed transaction with ReVolve Renewable Power Limited . Specifically, the Company is pleased to report that ReVolve has completed a private placement of units totalling 3,837,219 at a price of €0.815 per unit to both existing and new investors in ReVolve. Each [...]
Philippine Metals Inc. is pleased to provide further information with respect to the proposed transaction with ReVolve Renewable Power Limited . Specifically, the Company will not be seeking shareholder approval of the Transaction as it has determined that the Company meets the requirements of the TSX Venture Exchange exemption from shareholder [...]
Philippine Metals Inc. is pleased to provide further information with respect to the proposed transaction with ReVolve Renewable Power Limited . Upon completion of the Transaction, Mr. Craig Lindsay, current CEO of the Company, will be appointed to the board of directors of the Resulting Issuer. Further, Ms. Janet Bates, current chief financial [...]
Philippine Metals Inc. is pleased to announce that it has entered into a letter of intent dated June 16, 2021 with ReVolve Renewable Power Limited pursuant to which the parties will, inter alia, negotiate a plan of arrangement agreement whereby PMI will acquire all of the outstanding shares of ReVolve in exchange for shares of PMI . The Acquisition [...]
