Announcement • Feb 07
ReVolve Renewable Power Corp. announced that it expects to receive $40 million in funding ReVolve Renewable Power Corp. entered into a credit agreement and announced a private placement of Secured Convertible Credit Facility to raise gross proceeds of $40,000,000 on January 5, 2026. The transaction involves participation from new investor Callaway Capital Management, LLC. The transaction will incur tranches. The first tranche consists $20,000,000 and is $10,000,000 initial advance payable at closing, with the remaining $10,000,000 drawable monthly as needed for qualified purposes, subject to customary conditions set out in the Credit Agreement. The second tranche of $20,000,000 will be made available to the Company during the term subject to meeting certain conditions specified in the Credit Agreement. Tranche A is convertible, at the option of the Lender, into common shares of the Company at a conversion price of $0.21 per Common Share. Tranche B is convertible, at the option of the Lender, into Common Shares at a conversion price of $0.29 per Common Share, reflecting a premium pricing structure aligned with future growth and scale. The Credit Facility has a maturity term of 4 years from the closing date of the transaction. The loan accrues 15% annual interest in kind, added to principal monthly, and the lender has the option to convert both principal and accrued interest into equity at the conversion price $0.21 for tranche A and $0.29 for tranche B. Immediately prior to the closing of the initial draw under Tranche A, the company will transition its public listing from the TSX Venture Exchange to the Canadian Securities Exchange. The Credit Agreement and the initial drawdown under tranche A remain subject to customary closing conditions, including completion of definitive documentation, required corporate and regulatory approvals, and satisfaction of conditions set out in the Credit Agreement. These conditions include completion of the Company’s listing on the CSE and receipt of all necessary CSE approvals in respect of the Credit Agreement. The company expects its Common Shares to be voluntarily delisted from the TSXV and listed on the CSE within approximately two to four weeks, subject to approval by both the CSE and the TSXV. The Company also announces that it intends to obtain written shareholder approval in connection with (i) the proposed voluntary delisting of its Common Shares from the TSXV and the proposed listing of its Common Shares on the CSE; and (ii) the Credit Agreement with Callaway Capital Management LLC, as required under applicable CSE policies. In respect of the Credit Agreement, shareholder approval is required under applicable CSE policies because the conversion of all or a portion of the indebtedness thereunder could result in the issuance of more than 50% of the Company’s currently outstanding Common Shares on a non-diluted basis and could cause the Lender to become a new Control Person of the Company. Announcement • Dec 22
ReVolve Renewable Power Corp., Annual General Meeting, Feb 26, 2026 ReVolve Renewable Power Corp., Annual General Meeting, Feb 26, 2026. Location: british columbia, vancouver Canada Announcement • Nov 08
ReVolve Renewable Power Corp. announced that it has received CAD 3.039973 million in funding On November 7, 2025. ReVolve Renewable Power Corp. announces that it has closed the transaction. Announcement • Oct 24
ReVolve Renewable Power Corp. announced that it expects to receive CAD 2.00013 million in funding ReVolve Renewable Power Corp. announce that it has entered into an agreement on a “best efforts” agency basis in connection with a brokered private placement of up to 10,527,000 units of the Company at a price of CAD 0.19 per Unit for aggregate gross proceeds of up to CAD 2,000,130. Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share for a period of 24 months following the closing date of the Offering at an exercise price of CAD 0.40. The transaction includes participation from Beacon Securities Limited pursuant to which the Agent will act on behalf of the Company. The Company will also grant the Agent an option to offer an additional 1,579,000 Units at the Issue Price for additional proceeds of CAD 300,010 exercisable in whole or in part, at any time up to 48 hours prior to the closing of the Offering. The Units to be issued under the Offering will be offered pursuant to applicable exemptions from the prospectus requirements under Canadian securities laws. The Units may also be offered in the United States pursuant to available exemptions from the registration requirements of the United States Securities Act of 1933, as amended, and in those other jurisdictions outside of Canada and the United States provided it is understood that no prospectus filing or comparable obligation of the Company arises in such other jurisdiction. The securities issued pursuant to the Offering will be subject to a statutory hold period of four months plus one day from the closing date in accordance with Canadian securities laws. The Offering is subject to receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange. Announcement • Jun 25
ReVolve Renewable Power Corp. announced that it has received CAD 1.2 million in funding On June 23, 2025, Revolve Renewable Power Corp closed the transaction In connection with the Offering, the Company paid finders’ fees of CAD 37,500 to certain eligible finders, representing 6.0% of the gross proceeds raised by the Company from the sale of Units to subscribers directly introduced to the Company by such finders. In addition, the Company issued to eligible finders 150,000 non-transferable finders’ warrants (the “Finders’ Warrants”), representing 6.0% of the number of the Units sold to subscribers directly introduced to the Company by such eligible finders. Each Finders’ Warrant entitles the holder to acquire one Common Share of the Company at a price of CAD 0.25 per Common Share for a period of 12 months from the date of issuance.. Announcement • Jun 12
ReVolve Renewable Power Corp. announced that it expects to receive CAD 1.2 million in funding ReVolve Renewable Power Corp. announces a Non-Brokered private placement to issue 4,800,000 Life Units at a price of CAD 0.25 for gross proceeds of CAD 1,200,000 on June 11, 2025. Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share for a period of 24 months following the closing date of the Offering at an exercise price of CAD 0.40. The Offering is scheduled to close on or about June 30, 2025 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the TSX Venture Exchange. The Offering may be closed in multiple tranches. Announcement • Apr 09
Revolve Renewable Power Corp. Announces Project Development Work on the Company's Two Utility Scale Wind Projects in Mexico Is Being Accelerated as A Result of Increased Regulatory Certainty Revolve Renewable Power Corp. announced project development work on the Company's two utility scale wind projects in Mexico is being accelerated as a result of increased regulatory certainty. Development work on its two most advanced projects, which have a combined projected capacity of 531 megawatts ("MW"), is intensifying following new electricity generation regulations that have been implemented in Mexico. Revolve has two late-stage utility wind projects in Mexico: Project Overviews: Project Name: El 24 Wind Farm and Presa Nueva (I & II). Location: Tamaulipas, Mexico and Nuevo Leon, Mexico. Technology: Wind and Wind. Size: 131 MW and 400 MW. RTB Target: fourth quarter of 2026 and first quarter of 2027. For both projects: Wind assessment campaigns and detailed energy yield assessments have been completed. The Company is in the process of optimizing the project designs based on new turbine models. The interconnection application process is already underway for both projects and has been updated to reflect new turbine technology and project designs. Land lease option agreements have been executed for both projects and the rights of way required for the transmission lines required for interconnection are well advanced. The projects are located in a high wind resource area of Northeastern Mexico and in close proximity to the high voltage transmission network. Environmental permitting for both projects commenced a number of years ago and is expected to be taken up again post the regulatory updates and increasing market certainty from recent government announcements. The majority of minor permits and authorisations required for both projects are already in place and will be updated as needed to reflect any further optimization of the design for each project. The El 24 and Presa Nueva Wind Projects are key assets in the Company's "develop and sell" pipeline of renewable energy projects - one of three key pillars in Revolve's business model. Revolve develops large utility scale projects from greenfield to ready-to-build status, at which point it sells the development rights to large utilities and independent power producers. The sale of the Parker and Bouse projects in the US (Latest update June 10, 2024 - Revolve Receives USD 3.4 million Bouse Solar and Storage Project Milestone Payment) are a recent example of this segment of the Company's revenue stream. The second pillar of the Company's model is the "develop and hold" segment - Revolve develops, builds, owns and operates smaller utility scale projects (under 50 MW) as well as distributed generation ("DG") projects. The third pillar, M&A Expansion, supports both of these strategies. Revolve accelerates its growth through strategic acquisitions of operating assets and/or later stage development assets. Announcement • Oct 08
ReVolve Renewable Power Corp., Annual General Meeting, Dec 05, 2024 ReVolve Renewable Power Corp., Annual General Meeting, Dec 05, 2024. Location: british columbia, vancouver Canada Announcement • Sep 06
ReVolve Renewable Power Corp. to Report Fiscal Year 2024 Results on Oct 29, 2024 ReVolve Renewable Power Corp. announced that they will report fiscal year 2024 results at 8:00 AM, US Eastern Standard Time on Oct 29, 2024 Announcement • Jun 21
ReVolve Renewable Power Corp. Revises Earnings Guidance for the Fiscal Year Ending June 30, 2024 ReVolve Renewable Power Corp. revised earnings guidance for the fiscal year ending June 30, 2024. For the period, Company increased revenue forecast from USD 5.0 million to USD 6.0 million. On September 5, 2023, the Company provided forward looking guidance with respect to revenues and EBITDA for the financial year ending June 30, 2024 ("FY2024"). Specifically, revenue was projected to increase to USD 5 million with a breakeven EBITDA. Announcement • Apr 23
Revolve Renewable Power Corp. Provides Development Update on its Vernal BESS Project ReVolve Renewable Power Corp. provided an update on the ongoing development work for its 80MWh/20MW Vernal Battery Storage project (the "Project"). The Vernal BESS Project is an 80MWh /20MW battery storage project, located on a 47-acre land parcel wholly owned and administered by the State Land Trust (the "State Trust") in Uintah County, 4 miles north of Vernal, Utah. The project site benefits from excellent access through the existing local road network and is in close proximity to existing transmission infrastructure. The Company has identified the Project as a key project within its utility scale development portfolio that it intends on financing, constructing and operating for the generation of long term revenue and cashflow. As indicated in the previous project updates issued on March 23, 2023 and on September 11, 2023, the Company has been actively developing the Project since 2022 with a particular focus on completing the interconnection process. Interconnection: The Project is ideally located less than a half mile from the existing transmission network in the area. The Company applied for an interconnection with PacifiCorp in May 2022 as part of their 2022 Cluster 2 study and has since received both the Phase 1 and Phase 2 interconnection studies. The results of these studies were in line with the Company's expectations both in terms of the overall cost of the interconnection and the potential commissioning timeline. On this basis the Company decided to finalize the interconnection application process and has recently signed an interconnection agreement with PacifiCorp, completing what is a major milestone for the development of the Project. Permitting: The remaining permitting works on the Project are continuing and will over the coming months consist of preparing and applying for a conditional use permit and building permit with the local county, completing the plan of development and construction permit with the Utah State Land Trust and finalising the detailed design and engineering for the interconnection transmission line. The Company continues to target a ready to build date in late 2024 /early 2025 with construction works to commence in 2025 and commercial operations during 2026. These dates remain subject to securing suitable offtake arrangements for the Project. Announcement • Apr 16
Revolve Renewable Power Corp. Appoints Tania Ontiveros as New Chief Financial Officer, Effective May 1, 2024 Revolve Renewable Power Corp. announced the appointment of Ms. Tania Ontiveros as its new Chief Financial Officer, effective May 1, 2024. Ms. Ontiveros is a CPA, CGA with over 15 years of accounting, finance and operations experience in private companies in Canada with a specific focus on the renewable energy sector. Over the past twelve years she has held a variety of roles in Elemental Energy, a renewable energy operator and developer based in Vancouver, Canada. This included most recently as Director of Corporate Finance & Operations. Ms. Ontiveros has a B.A. in Public Accounting from Universidad De La Salle Bajio, Leon, Guanajuato, Mexico and is a member and chapter lead in British Columbia of the Women in Renewable Energy. In her role as CFO, Ms. Ontiveros will be a key part of the Revolve senior management team based in Vancouver and will oversee the financial aspects of the Company's operations, including financial planning, budgeting, strategic financial analysis, project financing and will play a crucial role in driving and supporting the Company's continued growth. Steve Dalton thanked outgoing CFO, Mr. Nick Furber, for his guidance and support during his time with the Company. Nick has been CFO on an interim basis since completing RTO in March 2022 and has helped ensure a smooth transition from a private to public company. Announcement • Feb 10
ReVolve Renewable Power Corp. to Report Q2, 2024 Results on Feb 27, 2024 ReVolve Renewable Power Corp. announced that they will report Q2, 2024 results at 8:00 AM, US Eastern Standard Time on Feb 27, 2024 Announcement • Jan 25
ReVolve Renewable Power Corp. announced that it has received CAD 2.317207 million in funding On January 25, 2024, ReVolve Renewable Power Corp. closed the transaction. The company has issued 8,130,551 units for aggregate gross proceeds of CAD 2,317,207 in the transaction. The company issued 1,715,542 units at a price of CAD 0.285 per unit for the gross proceeds of CAD 488,929.47 in the third and final tranche of the transaction. In connection with the Third Tranche, the Company paid a cash commission of CAD 7,508 to certain arms-length third parties who assisted in introducing subscribers to the Offering, representing 5% of the proceeds raised from subscribers introduced to the Company by such Finders. All securities issued and issuable pursuant to the Third Tranche are subject to a statutory hold period expiring May 25, 2024 in accordance with applicable securities laws and the policies of the TSXV. The Offering remains subject to the final approval of the TSXV. Announcement • Nov 21
ReVolve Renewable Power Corp., Annual General Meeting, Dec 29, 2023 ReVolve Renewable Power Corp., Annual General Meeting, Dec 29, 2023. Announcement • Nov 18
ReVolve Renewable Power Corp. announced that it expects to receive CAD 1.501113 million in funding ReVolve Renewable Power Corp. announces closing of first tranche of non-brokered private placement of 5,267,062 units at a price of CAD 0.285 per Unit for total gross proceeds of CAD 1,501,112 on November 16, 2023. Each Unit is comprised of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”), with each Warrant exercisable to acquire one addition Common Share at a price of $0.45 for a period of eighteen (18) months following the closing date of the Offering, subject to the Acceleration Right (as defined below).In connection with the first tranche of the Offering, the Company paid a cash commission of $22,388 to certain arms-length third parties (the “Finders”) who assisted in introducing subscribers to the Offering, representing 5% of the proceeds raised from subscribers introduced to the Company by such Finders. All securities issued and issuable pursuant to the Offering are subject to a statutory hold period expiring March 17, 2024 in accordance with applicable securities laws and the policies of the TSXV. The transaction included the participation from Steve Dalton , Chief Executive Officer purchased 254,386 units and JosephO'Farrell, Director purchased 350,877 units. Announcement • Nov 10
ReVolve Renewable Power Corp. Announces Management Changes ReVolve Renewable Power Corp. announced that Following adoption of this plan, the Board has been informed by Mr. Finn Lyden that he has decided to step down as a non-executive director of the Company and will be resigning on November 8, 2023. In addition to this change, the Company announced the appointment of Ms. Susan Shaw (P. Eng) to the Board as a non-executive director. Susan has over 40 years of experience in energy, including nuclear power, waste-to-energy and district energy, but has focused the last 20 years on renewable power in the Canadian market. Across these energy specialties, her roles included business development, construction and project management, engineering and operations, and executive positions with profit /loss responsibility. Susan is a graduate of Georgia Tech and was the first woman licensed in the US as a Waste-to-energy plant operator. She led the Canadian District Energy Association for several years and is a founding director of an Ontario renewable energy co-op. Susan currently teaches renewable energy courses at Fanshawe College. Following these changes, Mr. JP Maguire, will replace Mr. Finn Lyden as a member of the Human Resources and Compensation Committee. Announcement • Nov 01
ReVolve Renewable Power Corp. Reiterates Earnings Guidance for Fiscal Year 2024 ReVolve Renewable Power Corp. reiterated earnings guidance for Fiscal Year 2024. For the year, the company is projecting revenue to increase to USD 5 million. Announcement • Oct 05
ReVolve Renewable Power Corp. (TSXV:REVV) agreed to acquire WindRiver Power Corporation for CAD 24.55 million. ReVolve Renewable Power Corp. (TSXV:REVV) agreed to acquire WindRiver Power Corporation for CAD 24.55 million on October 3, 2023. Under the terms of the Arrangement Agreement, the Purchaser will acquire all of the outstanding common shares of WindRiver (the "WindRiver Shares") in exchange for CAD 0.21787175502, in cash, per WindRiver Share, for total gross upfront consideration of CAD 0.485 million. The Purchaser may also pay up to CAD 14 million depending on whether WindRiver's Tamihi Creek and Kinskuch Lake hydro projects achieve certain milestones, are sold to a third party by the Purchaser or other post-closing events occur. In addition the Company has agreed to reimburse certain historic development costs related to these projects, to be reimbursed once construction has commenced on the respective project. The Company has also agreed to pass through contingent payments of up to CAD 5.7 million expected to be received by WindRiver from development assets previously sold to 3rd parties by WindRiver. Concurrently with signing of the Arrangement Agreement the Company has also signed financing agreements with RE Royalties Ltd. (TSXV:RE) ("RE Royalties") for the provision of a secured loan of up to CAD 5 million or 80% of the total upfront consideration to part finance the Proposed Acquisition (the "Secured Loan"). The financing agreements consist of a secured loan agreement and a royalty agreement between Revolve and RE Royalties. Completion of the Proposed Acquisition is subject a number of conditions, including the final acceptance of the TSX Venture Exchange (the "TSXV"), receipt of WindRiver shareholder approval, receipt of a final order approving the Arrangement from the Court of King's Bench of Alberta, Judicial Centre of Calgary (the "Final Order") and other customary closing conditions. Closing of the Proposed Acquisition is expected to occur in early December of this year. Announcement • Jan 18
ReVolve Renewable Power Corp. Provides Update on Its 3.2MWh BESS Project in Cancun, Mexico Revolve Renewable Power Corp. provided an update on the progress of its 3.2MWh (megawatt per hour) Battery Energy Storage System project located in Cancun, Mexico. This is the first BESS project that the company signed on August 29, 2022, under its new division, Revolve Renewable Business Solutions. Project Overview: The 3.2MWh battery storage system is being installed at the site of a major hotel chain in Cancun, Mexico; The company is the 100% the owner of the Project and has responsibility for the financing, installation and operation of the BESS system; A 10-year Energy Services Agreement (or "ESA") has been signed between the Company and the hotel operator for the provision of peak shaving and other energy related services; Under the ESA, the company will receive an annual fixed payment in addition to sharing the energy savings delivered by the Project over the 10-year contract period; An Engineering Procurement Contract (or "EPC") has been signed with Quartux Mexico S.A. de C.V. (or Quartux), a highly experienced installer and operator of battery storage systems in Mexico, to deliver a turnkey solution for the installation and commissioning of the BESS system; In addition to the EPC, a 10-year Maintenance Agreement has also been signed with Quartux for the day-to-day operation and optimization of the system including all routine maintenance; The Project is expected to cost approximately USD 1.8 million to install and commission including all related financing and transaction costs. Project Update: Quartux have provided the Company with an update on the installation works for the Project as follows: Site enabling works have been completed at the hotel including the installation of specialist metering equipment to facilitate the operation of the Project once fully commissioned; Manufacture of the BESS system has been substantially completed and shipment of the first BESS units has commenced. The initial units are expected to arrive on site in mid-February 2023 with the remaining scheduled for delivery in March 2023; Installation of the BESS system will commence before the end of Feb. and is expected to be completed by the end of March 2023; and The Project is forecast to be fully operational and generating revenue for Revolve shortly thereafter under the 10 year ESA. Announcement • Jan 12
ENGIE IR Holdings LLC acquired 1,250MW of Utility Scale Solar and Storage Projects from ReVolve Renewable Power Corp. (TSXV:REVV) for $2 million. ENGIE IR Holdings LLC acquired 1,250MW of Utility Scale Solar and Storage Projects from ReVolve Renewable Power Corp. (TSXV:REVV) for $2 million on January 10, 2023. Agentis Capital Advisors acted as financial advisor, Baker Botts L.L.P. and Miller Thomson LLP acted as legal advisor to ReVolve Renewable Power Corp.ENGIE IR Holdings LLC completed the acquisition of 1,250MW of Utility Scale Solar and Storage Projects from ReVolve Renewable Power Corp. (TSXV:REVV) on January 10, 2023.