Revival Gold sells 51% Diamond Mountain phosphate stake to Canadian Phosphate for US$127,500 cash, 3,081,286 shares

Reuters2026/07/30 03:24

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Revival Gold closed the sale of its 51% stake in the Diamond Mountain phosphate project to Canadian Phosphate.
Received US$127,500 cash, 3,081,286 Canadian Phosphate shares valued at about US$270,000 at a deemed AUD$0.13 per share.
To receive US$255,000 on or before May 29, 2027, with an option to take payment in shares priced at a 5% VWAP discount.
Eligible for an additional US$765,000 within a year of commercial production start, payable in cash or shares at Canadian Phosphate’s option.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Revival Gold Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607292324NEWSFILECNPR____20260729_307261_1) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Revival Gold sells 51% Diamond Mountain phosphate stake to Canadian Phosphate for US$127,500 cash, 3,081,286 shares

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