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    Revolve Announces Closing of Fully Subscribed Non-Brokered LIFE Offering of Units

    THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / June 23, 2025 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the …

    THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

    VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / June 23, 2025 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce that it has closed its previously announced non-brokered private placement offering (the "Offering") of units (the "Units") for aggregate gross proceeds of C$1,200,000, issuing 4,800,000 Units at a price of $0.25 per Unit.

    Each Unit consists of one common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share for a period of24months following the closing date of the Offering at an exercise price of $0.40.

    The Units distributed in connection with the Offering were issued and sold pursuant to the "Listed Issuer Financing Exemption" available under Part 5A of National Instrument 45-106 - Prospectus Exemptions (the "LIFE Exemption"), as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. A copy of the offering document under the LIFE Exemption dated June 11, 2025 is available electronically on the Company's website and on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile.

    Pursuant to the LIFE Exemption, Units issued under the Offering are not subject to resale restrictions in Canada in accordance with applicable Canadian securities laws and the policies of the TSX Venture Exchange (the "Exchange"), other than securities issued to insiders of the company, which are subject to an Exchange hold period of four months. All other securities not issued pursuant to the LIFE Exemption, namely, the Finders Warrants, are subject to a statutory hold period in accordance with applicable Canadian securities laws, expiring four months and one day from the date of issuance. The Offering remains subject to the final acceptance of the Exchange.

    The net proceeds of the Offering are expected to be used for the following: (i) development of renewable energy projects in the United States, Canada and Mexico; (ii) distributed generation costs in Mexico for projects under development and (iii) general working capital requirements.

    In connection with the Offering, the Company paid finders' fees of $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 $0.25 per Common Share for a period of 12 months from the date of issuance.

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    Revolve Announces Closing of Fully Subscribed Non-Brokered LIFE Offering of Units THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / June 23, 2025 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the …