An anonymous representative of Relevant Resources reports
ACQUISITION OF COMMON SHARES OF RELEVANT GOLD CORP. PURSUANT TO EXERCISE OF WARRANTS
Pursuant to the early warning requirements of applicable Canadian securities law, Relevant Resources LLC (the acquiror) has exercised 11.5 million warrants to purchase 11.5 million common shares of Relevant Gold Corp. (the issuer). The warrants were exercised at an exercise price of 13 cents per common share for an aggregate exercise price of $1,495,000.
Prior to the warrant exercise, the acquiror, directly or indirectly, owned or controlled an aggregate of 12,500,001 common shares, representing approximately 12.12 per cent of the issued and outstanding common shares of the issuer and 11.5 million warrants. After giving effect to the warrant exercise, the acquiror will, directly or indirectly, own or control an aggregate of 24,000,001 common shares, representing approximately 20.62 per cent of the issued and outstanding common shares of the issuer.
The acquiror completed the warrant exercise solely for investment purposes. The acquiror may make additional purchases or sales of common shares as circumstances warrant.
Further details regarding the warrant exercise described above and a copy of the early warning report filed under the applicable Canadian securities laws in connection with the warrant exercise are available under Relevant Gold's SEDAR+ profile. To obtain a copy of the early warning report filed in conjunction with this news release, please contact Relevant Resources at 132 Main St. S, Floor 2,
P.O. Box 267,
Stillwater, Minn., 55082, United States (e-mail: rob@bri.group).
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