Sun Valley Gold LLC

October 08, 2013 07:00 ET

Sun Valley Gold LLC: Expiry of Warrants of Revolution Resources Corp.

SUN VALLEY, IDAHO--(Marketwired - Oct. 8, 2013) - Sun Valley Gold LLC ("Sun Valley") announced today that on October 3, 2013 a total of 2,500,000 common share purchase warrants ("Warrants") of Revolution Resources Corp. ("Revolution Resources") beneficially owned by Sun Valley Gold Master Fund, Ltd. (the "Master Fund"), a client account over which it has discretionary trading authority, expired without being exercised. Following the expiry of the Warrants, Sun Valley exercises control and direction over an aggregate of 10,000,000 common shares of Revolution Resources ("Common Shares") for and on behalf of the Master Fund. The 10,000,000 Common Shares over which Sun Valley exercises control and direction for and on behalf of the Master Fund represent approximately 8.40% of the issued and outstanding Common Shares.

The sole holders of common shares of the Master Fund are Sun Valley Gold International, Ltd., of which Sun Valley is the Investment Manager, and Sun Valley Gold, L.P., of which Sun Valley is the General Partner. Sun Valley is the investment manager for the Master Fund, and has discretionary trading authority over the securities of Revolution Resources issued to the Master Fund.

Sun Valley and the Master Fund may increase or decrease their ownership of securities of Revolution Resources depending upon future market conditions.

FOR FURTHER INFORMATION, OR TO OBTAIN A COPY OF THE EARLY WARNING REPORT FILED BY SUN VALLEY AND THE MASTER FUND UNDER APPLICABLE SECURITIES LEGISLATION, PLEASE SEE THE CONTACT INFORMATION BELOW.

Contact Information

  • Linda J. Kish,
    Chief Legal Officer, Sun Valley Gold LLC
    Tel: (208) 726-2399
    Fax: (208) 726-0842