RE: No news for 3 monthsThis is what is keeping Craig busy these past three months. When he is ready he will return to good old H.
REVOLVER COMPLETES INITIAL PUBLIC OFFERING
February 15, 2011
REVOLVER RESOURCES INC. (the “Company”) (TSX-V: “RZ”) is pleased to announce that on
February 14, 2011 it completed its initial public offering of 4,500,000 common shares at a price of
.15
per common share (the “IPO”) through its agent, PI Financial Corp. (the “Agent”), for gross proceeds of
$675,000 pursuant to a prospectus dated December 17, 2010.
The Agent has been paid a cash commission equal to 8% of the gross proceeds of the IPO together with a
corporate finance fee comprised of $15,000 plus HST and 80,000 common shares. Additionally, the
Company has granted non-transferable agent’s warrants to the Agent and members of its selling group
entitling them to purchase up to 360,000 common shares of the Company at an exercise price of
.20 per
common share, exercisable on or before February 14, 2013.
After giving effect to the IPO, 8,850,000 common shares are now issued and outstanding.
The Company also announces that it has received approval of its application to list its common shares on
the TSX-V. The Company’s common shares will commence trading on the TSX-V on Wednesday,
February 16, 2011 under the trading symbol “RZ”.
About the Company
The Company is engaged in the business of mineral exploration in British Columbia. Its objective is to
locate and develop economic precious and base metals properties of merit and to conduct its exploration
program on the Chita Property. The Chita Property is comprised of thirty (30) contiguous mineral claims
encompassing 13,680.232 hectares situated in the Clinton Mining Division, British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS
s/ “Craig Engelsman”
Craig Engelsman,
President and Chief Executive Officer