REV Exploration Announces Upsizing of Life Offering

Core Viewpoint - REV Exploration Corp. has increased its LIFE Offering by $300,000 due to strong investor demand, raising the total gross proceeds from $2.5 million to $2.8 million [1][4]. Group 1: LIFE Offering Details - The LIFE Offering is being conducted on a non-brokered basis at a price of $0.40 per common share, allowing for the issuance of up to an additional 750,000 common shares, bringing the total maximum to 7,000,000 common shares if fully subscribed [2][4]. - No warrants are being issued in connection with the LIFE Offering, and all other terms remain unchanged [2]. - The offering is available to purchasers in Canada, excluding Québec, and securities issued will not be subject to a statutory hold period [3]. Group 2: Financial Proceeds and Use - Proceeds from the LIFE Offering and a previously announced $3.0 million non-brokered private placement are expected to total up to $5.8 million upon completion [4][5]. - The funds will be used to advance the Company's Aden Dome Natural Hydrogen asset along the Alberta–Montana border and for general corporate purposes [5]. Group 3: Company Overview - REV Exploration Corp. is a mineral exploration company with a portfolio that includes gold and battery metal properties in Quebec and significant exposure to the Natural Hydrogen sector in Alberta and Saskatchewan [6]. - The Company has acquired 100% of a series of PNG leases along the Alberta-Montana border, including the drill-ready Aden Dome, and holds a significant equity position in MAX Power Mining Corp., which has the largest permitted land package for Natural Hydrogen in Saskatchewan [6].