Mr. Myke Clark reports
REVOLVE ENTERS INTO INVESTOR RELATIONS AGREEMENT WITH PETERSON CAPITAL
Revolve Renewable Power Corp. has entered into a consulting agreement with Grignan Holdings Ltd. doing business as Peterson Capital to provide investor relations services in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation.
Peterson, based in Edmonton, Alta., is one of Canada's leading capital market advisory and communications firms. It specializes in connecting high-growth companies to its extensive network of retail investment advisers in Canada, as well as family offices and funds in Europe. Established in 2003, Peterson assists companies with marketing strategies, advises on corporate structure and financing, and develops corporate presentations and public awareness materials. Neither Peterson nor any of its principals currently own, directly or indirectly, any securities of the company, but may purchase securities in the company from time to time for investment purposes, and Peterson and its principals are at arm's length from the company.
Under the agreement, Peterson will assist the company with marketing strategies, advise on corporate structure and financing, and develop corporate presentations and public awareness materials. Additionally, Revolve will participate in Peterson's Canada Growth Conference in Montreal in May, 2025.
"Revolve is enhancing our capital markets outreach as we look forward to a busy 2025," said chief executive officer Myke Clark. "As we continue our growth as an owner and operator of renewable energy projects, increasing our capital markets presence is critical. The goal of strengthening our capital markets relationships is to improve our visibility and ensure greater exposure for Revolve and communicating our underlying value to investors."
The agreement has a term of three months, includes a consulting fee of $35,000, which will be paid in three equal monthly instalments, and is subject to the approval of the TSX Venture Exchange. The company will pay such fees from its working capital.
About Revolve Renewable Power Corp.
Revolve was formed in 2012 to capitalize on the growing global demand for renewable power. Revolve develops utility-scale wind, solar, hydro and battery storage projects in the United States, Canada and Mexico. Revolve also installs and operates sub-20-megawatt behind-the-meter distributed generation assets. Revolve's portfolio includes the following:
- Operating assets: 12 MW (net) of operating assets under long-term power purchase agreements across Canada and Mexico covering wind, solar, battery storage and hydro generation;
- Development: a diverse portfolio of utility-scale development projects across the United States, Canada and Mexico with a combined capacity of over 3,000 MW, as well as a 140-megawatt-plus distributed generation portfolio that is under development.
Revolve has an accomplished management team with a demonstrated record of taking projects from greenfield through to ready-to-build status and concluding project sales to large operators of utility-scale renewable energy projects. To date, Revolve has developed and sold over 1,550 MW of projects.
Going forward, Revolve is targeting 5,000 MW of utility-scale projects under development in the U.S., Canada and Mexico, and, in parallel, is rapidly expanding its portfolio of revenue-generating DG assets.
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