Not for Distribution to United States Newswire Services or for dissemination in the United States
VANCOUVER, British Columbia, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV; OTCQX: IRVRF) (“Irving” or the “Company”) is pleased to announce that it has raised gross proceeds of US$2,600,000 (C$3,327,220) in a private placement with Sumitomo Corporation (“Sumitomo”) by the issuance of 2,705,056 common shares of the Company at a purchase price of C$1.23 per share. These shares are subject to a hold period in Canada expiring on December 5, 2022.