REV Exploration Corp.
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REV Announces Strategic Asset Monetization, Corporate Rebranding and Marketing Program
Globenewswire· 2026-02-19 13:00
Core Viewpoint - REV Exploration Corp. is executing a strategic transaction to monetize its gold assets in Northern Quebec while focusing on its Helium and Natural Hydrogen interests in the Northern Great Plains of the United States [2][11]. Strategic Asset Monetization - REV has entered into a mineral property purchase agreement with Major Gold Corp. (MGC), transferring a 100% interest in approximately 50,000 hectares of mining claims in the Chibougamau region of Quebec for 12,400,000 common shares of MGC, making REV the majority shareholder [7][9]. - The transaction is viewed as value accretive, allowing REV to retain significant exposure and influence through its equity position in MGC [6][11]. Helium & Natural Hydrogen Focus - REV is assembling high-value Helium and Natural Hydrogen drill targets along the Montana border with Alberta and Saskatchewan, including the drill-ready Aden Dome asset [7][8]. - The company maintains a 5% ownership stake in MAX Power Mining Corp., which recently reported Canada's first-ever drilling discovery of a Natural Hydrogen system [6][16]. Corporate Rebranding and Marketing Programs - REV has initiated a corporate rebranding, including a new logo and a forthcoming website to enhance its visibility in the U.S. and Europe [2][8]. - The company has engaged i2i Marketing Group for corporate marketing and investor awareness services, and Stockchain Capital for investor relations targeted at a German audience [13][15]. Financial Position - Following a $5.8 million private placement in January 2026, REV has a strong treasury with only 53 million shares outstanding and 4.2 million warrants [8].
REV Targets Entry Into American Market with LOI to Acquire Properties in Montana
Globenewswire· 2026-02-04 13:00
Core Viewpoint - REV Exploration Corp. has entered into a non-binding Letter of Intent to acquire oil and gas leasehold interests in Montana, significantly expanding its landholdings and focusing on helium and natural hydrogen exploration [1][3]. Group 1: Transaction Details - The acquisition is subject to the execution of a definitive agreement, customary closing conditions, and regulatory approvals, including acceptance by the TSX Venture Exchange [2]. - The transaction involves a cash payment of USD $250,000 and the issuance of common shares valued at USD $300,000 to the Vendor upon closing [7]. Group 2: Strategic Implications - The Montana land package will increase REV's total landholdings from 4,845 acres to approximately 18,998 acres, nearly quadrupling its size [3]. - This acquisition aligns with REV's strategic focus on the Northern Great Plains states, enhancing its position in the helium and natural hydrogen sectors [3][8]. Group 3: Company Background - REV Exploration Corp. is primarily a mineral exploration company with a portfolio that includes gold properties in Quebec and significant exposure to the Natural Hydrogen sector in Alberta and Saskatchewan [5][8].
REV Appoints Steve Halabura as Lead Technical Advisor
Globenewswire· 2026-01-23 18:20
Core Viewpoint - REV Exploration Corp. has appointed Mr. Stephen P. Halabura as Lead Technical Advisor, bringing significant expertise in Natural Hydrogen exploration to the company [1][2]. Company Overview - REV Exploration Corp. is a mineral exploration company with a focus on gold properties in Quebec and a strong presence in the Natural Hydrogen sector in Alberta and Saskatchewan [6]. - The company owns a series of PNG leases along the Alberta-Montana border, including the drill-ready Aden Dome, and holds six million shares of MAX Power Mining Corp., which is advancing Canada's largest permitted land package for Natural Hydrogen in Saskatchewan [6]. Key Appointments and Roles - Mr. Halabura has extensive experience in Natural Hydrogen exploration and previously confirmed Canada's first Natural Hydrogen discovery in Saskatchewan [2]. - His primary responsibilities at REV will include providing technical input into Natural Hydrogen and Helium exploration, target selection, and evaluation of exploration opportunities [3]. Strategic Focus - The company aims to expand its presence into America's Northern Great Plains states, leveraging Mr. Halabura's expertise in geological forces related to Natural Hydrogen and Helium deposits [5]. - The Aden Dome asset, identified with Mr. Halabura's assistance, is strategically located along the Alberta-Montana border, enhancing the company's exploration capabilities [4].
REV Provides Corporate Update
Globenewswire· 2026-01-19 13:00
Core Insights - REV Exploration Corp. has made significant corporate updates, including a successful private placement raising $5.8 million and an increased stake in MAX Power Mining Corp. to 5.0% [5][2] - The company is focused on its flagship Aden Dome Project, which is highly prospective for Natural Hydrogen and associated gases, and is planning near-term drilling activities [5][3] Group 1: Corporate Developments - REV Exploration has completed its largest capital raise to date, totaling $5.8 million, with a lead order of $2.0 million from Eric Sprott, who now owns approximately 12.6% of the company on a non-diluted basis [5] - The company has increased its ownership in MAX Power Mining Corp. to 6 million shares, representing approximately 5.0% on a non-diluted basis, after exercising 2 million common share purchase warrants [5][2] - The company is exploring potential property acquisition opportunities in Montana and the broader Northern Great Plains states [5] Group 2: Project Focus - The Aden Dome Project, located along the Alberta-Montana border, is considered highly prospective for Natural Hydrogen and associated gases, with drilling planned for Q1 [5][3] - REV Exploration has amassed a land package in Northern Quebec's Chibougamau Gold Camp totaling approximately 52,000 hectares, including the drill-ready JMW Property [5][3]
REV Closes $5.8 Million in Private Placements with Eric Sprott as Lead Order
Globenewswire· 2026-01-16 13:00
VANCOUVER, British Columbia, Jan. 16, 2026 (GLOBE NEWSWIRE) -- REV Exploration Corp. (“REV” or the “Company”) (TSXV: REVX OTC: REVFF) is pleased to announce that it has closed its previously-announced non-brokered hard-dollar private placement (the “Private Placement”) for gross proceeds of $3.0 million, through the issuance of 10,000,000 common shares at a price of $0.30 per share. All securities issued in connection with the Private Placement will be subject to a statutory hold period of four months plus ...
REV Exploration to Acquire Additional Mining Claims in Chibougamau Gold Camp
Globenewswire· 2026-01-14 13:00
Core Viewpoint - REV Exploration Corp. has entered into an asset purchase agreement to acquire a 100% interest in mineral claims located in Quebec's Chibougamau Gold Camp, expanding its land package significantly [1][2]. Group 1: Acquisition Details - The acquisition involves claims covering just over 6,700 hectares, increasing REV's total land package in the Chibougamau Gold Camp to approximately 52,000 hectares or 520 square kilometers [2]. - The transaction is subject to customary conditions, including regulatory approvals and acceptance by the TSX Venture Exchange [2]. Group 2: Financial Terms - REV will provide a cash payment of $150,000 to the Vendor, with $25,000 as a deposit and the remainder due at closing [6]. - Additionally, REV will issue $350,000 worth of common shares to the Vendor upon closing and grant a 1.0% Net Smelter Return (NSR) in favor of the Vendor [6]. Group 3: Company Overview - REV Exploration Corp. is a mineral exploration company with a focus on gold properties in Quebec, particularly in the Chibougamau Gold Camp, and has interests in the Natural Hydrogen sector in Alberta and Saskatchewan [3]. - The company has acquired 100% of several 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 [3].
REV Exploration Closes Acquisition of Additional Mining Claims
Globenewswire· 2026-01-12 21:15
Core Viewpoint - REV Exploration Corp. has successfully closed the acquisition of 72 mining claims and associated rights in Ontario and Quebec, enhancing its mineral exploration portfolio [1][2]. Acquisition Details - The acquisition was executed under a mineral property purchase agreement with an arm's-length third party, with REV issuing 500,000 common shares as consideration for the transfer of the property [2]. - The shares issued are subject to a statutory hold period of four months and one day from the date of issuance [2]. - The property is subject to a 1.5% net smelter returns royalty, calculated on the net proceeds from the sale of minerals produced after customary deductions [3]. Regulatory and Compliance - The closing of the acquisition is contingent upon customary conditions, including the receipt of all required regulatory approvals and acceptance by the TSX Venture Exchange [4]. Company Overview - REV Exploration Corp. is a mineral exploration company with a focus on gold and battery metal properties in Quebec, including notable projects in the Chibougamau Gold Camp [5]. - The company also has significant exposure to the Natural Hydrogen sector in Alberta and Saskatchewan, holding 100% of a series of PNG leases along the Alberta-Montana border [5].
REV Exploration Closes Acquisition of Additional Mining Claims
Globenewswire· 2026-01-12 21:15
Core Viewpoint - REV Exploration Corp. has successfully completed the acquisition of 72 mining claims and associated rights in Ontario and Quebec, enhancing its mineral exploration portfolio [1][2]. Acquisition Details - The acquisition was finalized under a mineral property purchase agreement with a third-party vendor, with REV issuing 500,000 common shares as consideration for the property [2]. - The shares issued are subject to a statutory hold period of four months and one day from the issuance date [2]. - The property is subject to a 1.5% net smelter returns royalty, calculated on the net proceeds from mineral sales after customary deductions [3]. Regulatory and Compliance - The closing of the acquisition is contingent upon customary conditions, including obtaining necessary regulatory approvals and acceptance by the TSX Venture Exchange [4]. Company Overview - REV Exploration Corp. is a mineral exploration company with a focus on gold and battery metal properties in Quebec, including notable projects in the Chibougamau Gold Camp [5]. - The company also has significant exposure to the Natural Hydrogen sector in Alberta and Saskatchewan, holding 100% of several PNG leases along the Alberta-Montana border [5].
REV Exploration Announces Upsizing of Life Offering
Globenewswire· 2026-01-05 21:27
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].
REV Arranges $5.5 Million in Private Placements with Eric Sprott as Lead Order
Globenewswire· 2025-12-30 13:00
VANCOUVER, British Columbia, Dec. 30, 2025 (GLOBE NEWSWIRE) -- REV Exploration Corp. (“REV” or the “Company”) (TSXV: REVX OTC: REVFF) is pleased to announce that it has arranged a non-brokered hard-dollar private placement (the “Private Placement”) for gross proceeds of up to $3.0 million, through the issuance of up to 10,000,000 common shares at a price of $0.30 per share. Mr. Eric Sprott is the lead investor in the Private Placement, subscribing for $2,000,000, representing 6,666,666 common shares. All se ...