Revive Therapeutics closes first tranche of private placement, raises $246,920

• Revive Therapeutics closed a first tranche of a non-brokered private placement, raising gross proceeds of $246,920.
• Issued 7,716,250 units at $0.03 each; each unit includes one common share, one warrant exercisable at $0.05 for 36 months.
• Proceeds earmarked primarily for working capital.
• Paid finders $17,433.6; issued 537,300 broker warrants exercisable at $0.05 for 36 months.

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