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VANCOUVER, British Columbia, July 06, 2022 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV; OTCQX: IRVRF) (“Irving” or the “Company”) is pleased to welcome Crescat Capital LLC ("Crescat") as lead strategic investor in the private placement of units (“Units”) announced in Irving’s news release of June 20, 2022. Crescat has agreed to invest $1 million (the "Crescat Investment") by subscribing for 1 million Units. Each Unit will consist of one Common Share and one-half of one Common Share purchase warrant, each whole Warrant entitling the holder to purchase one Common Share at a price of $1.60 for a period of three years.
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