TORONTO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Revival Gold Inc. (TSX-V: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to announce the restructuring and extension of the Meridian Beartrack Co. (“Meridian”) earn-in and related stock purchase agreement (together, the “Agreement”) under which the Company intends to acquire Meridian, a subsidiary of Pan American Silver Corp. (“Pan American”) and the owner of the Beartrack property and associated infrastructure. The Beartrack property (“Beartrack”) encompasses approximately half the mineral claim interests that make up Revival Gold’s 6,300-hectare Beartrack-Arnett gold project in Idaho, U.S.A. (“Beartrack-Arnett”).

The restructuring and extension of the terms of the Agreement (the “Amendment”, dated August 30th, 2024) eliminates the obligation for Revival Gold to pay a subsidiary of Pan American the greater of US$6 per ounce of gold

see & read more on
https://www.globenewswire.com/news-release/2024/09/03/2939568/0/en/Revival-Gold-Restructures-and-Extends-Beartrack-Earn-In-Terms.html