An aggregate of 6,234,644 Units were sold under the First Tranche at the Issue Price for total gross proceeds of $2,182,125. Each Unit is comprised of one (1) common share of the Company (a "Common Share") and one half of one (0.5) Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is exercisable into one (1) Common Share (a "Warrant Share") at a price of $0.45 per Warrant Share at any time for a period of thirty-six (36) months from the closing of the Offering. "We are pleased to have completed a first tranche of Revival Gold's planned private placement and expect to complete the balance in December", Hugh Agro, President & CEO. The net proceeds of the Offering will be used to fund on-going exploration and development at the Company's core Beartrack-Arnett Gold Project ("Beartrack-Arnett") located in Lemhi County, Idaho and for general corporate purposes.