on Revival Gold Inc. (CVE:RVG)
Revival Gold Inc. Implements Shareholder Rights Plan Amid Corporate Changes
On May 21, 2026, Revival Gold Inc. announced the adoption of a new shareholder rights plan after unanimous approval by the board. The plan aims to protect shareholder interests during unsolicited takeover bids, allowing the board to explore potential alternatives. This measure is not in response to any current takeover proposals.
The rights plan grants one right per common share, activated if any entity acquires 20% or more of the company without adhering to the "Permitted Bid" terms. A "Permitted Bid" must be open to all shareholders for at least 105 days following Canadian regulations. This plan awaits shareholder ratification and TSX Venture Exchange acceptance.
The company also announced the departure of Scott Trebilcock, who played a key role in corporate development. Revival Gold is progressing its projects in Utah and Idaho, remaining committed to its strategic objectives.
R. H.
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