RevoluGROUP Canada Inc. announced a non-brokered private placement of up to 30,000,000 units at a price of CAD 0.05 for gross proceeds of up to CAD 1,500,000 led by Bernard Lonis on August 23, 2023. Each unit will consist of one common share and one warrant exercisable to purchase one additional common share at a price of CAD 0.10 each for a period of one year from the date of issuance. The expiry of the warrants may be accelerated at the company's sole discretion by written notice if the closing price for the common shares on the TSX Venture Exchange shall be equal to or greater than CAD 0.10 for a minimum of ten consecutive trading days.