Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

REVX.V ·

Rev Exploration to Acquire Mining Claims, Grants Options

Mergers & Acquisitions Property Options & Staking Share Capital & Compensation

REV Exploration Corp.

TSXV: REVX

604-682-7970

[email protected]

1

REV EXPLORATION TO ACQUIRE MINING CLAIMS,

GRANTS OPTIONS

VANCOUVER, British Columbia – November 26, 2025: REV Exploration Corp. ( “REV” or the

“Company”) (TSXV: REVX) is pleased to announce that it has entered into a mineral property purchase

agreement (the “Agreement”) with an arm’s-length third party (the “Vendor”) to acquire a 100% interest

in certain mineral claims and associated rights (the “Property”) in Ontario and Quebec.

Under the terms of the Agreement, on the closing date (the “Closing Date”) REV will issue to the Vendor

500,000 common shares of REV (the “ Consideration Shares”) in consideration for the transfer of the

Property. The Consideration Shares will be subject to a statutory hold period of four months and one day

from the Closing Date in accordance with applicable securities laws.

The Property is subject to a 1.5% net smelter returns royalty, being a production royalty calculated as

1.5% of the net proceeds realised from the sale of minerals produced from the Property after customary

deductions for transportation, insurance, smeltin g and refining charges and metallurgical penalties,

payable to the royalty holder.

Closing is subject to customary conditions, including receipt of all required regulatory approvals and

acceptance of the Agreement by the TSX Venture Exchange, as applicable.

Options Grant

REV also announces that it has granted 600,000 incentive stock options (the " Options") and 150,000

restricted share units (the "RSUs") to certain directors, and consultants to the Company.

Each Option is exercisable to acquire one common share of the Company (a "Share") at a price of C$0.40,

for a period of five years from the date of grant. The RSUs shall vest in three equal tranches, with one -

third vesting on each of the first, second, and third anniversaries of the date of grant. Upon vesting, each

RSU shall entitle the holder to receive one Share. All grants of Options and RSUs are subject to the

Company's Stock Option and Incentive plans.

All of the Options and RSUs (and any Shares issuable upon exercise or settlement thereof) will be subject

to a four month and one day hold period from the date of grant pursuant to the policies of the TSX Venture

Exchange).

About REV Exploration Corp.

REV is a mineral exploration company that owns a suite of gold and battery metal properties in Quebec

highlighted by JMW and Maxwell in the Chapais-Chibougamau area, while the Company also has strong

exposure to the Natural Hydrogen sector in Alberta and Saskatchewan. REV has acquired 100% of a series

of PNG leases along the Alberta-Montana border, including the drill-ready Aden Dome, while it also has

a significant equity position in MAX Power Mining Corp. which owns Canada’s largest permitted land

package for Natural Hydrogen in Saskatchewan.

For further information on the Company, readers are referred to the Company’s website at

www.REVexploration.com and its Canadian regulatory filings on SEDAR+ at www.sedarplus.ca.

REV Exploration Corp.

Suite 410 –325 Howe Street,

B.C. V6C 1Z7

Tel: 604-682-7970

[email protected]

REVexploration.com

Jordan Potts CEO, Director

For further information, please contact:

Chad Levesque

Investor Relations

1-306-981-4753

[email protected]

Cautionary Statement on Forward-Looking Information

This news release contains “forward -looking information” within the meaning of applicable Canadian securities legislation. Forward -

looking information includes, but is not limited to, statements regarding the future business plans of the Company, the use of the NSR

Agreement, the anticipated staking of additional mining claims, the potential the claims and the value of the Purchased Assets. Forward-

looking information is often, but not always, identified by the use of words such as “expects,” “plans,” “anticipates,” “intends,” “believes,”

“estimates,” “potential,” “target,” “strategy,” “budget,” “scheduled,” “may,” “will,” “should,” or similar expressions. Forward-looking

information is based on management’s reasonable assumptions as of the date such stateme nts are made, including assumptions regarding

the Company’s ability to obtain necessary approvals, general business and economic conditions, financial market stability, th e availability

of financing on reasonable terms, and the Company’s ability to carry out its planned exploration activities.

Forward-looking information involves known and unknown risks, uncertainties, and other factors that may cause actual results to diffe r

materially from those expressed or implied. These risks and uncertainties include, but are not limited to: risks relating to exploration

activities, including operational risks, cost overruns, equipment failures, permitting delays, or accidents; risks associated with early-stage

mineral projects and the absence of mineral resources or reserves defined under NI 43 -101 on the JMW Gold Property; commodity price

volatility; changes in financial markets and investor sentiment; general economic, political, and social uncertainties; relia nce on key

personnel; environmental, permitting, and community risks; and other risks inherent in the mining and exploration industry.

Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other

factors that could cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on

forward-looking information. Forward -looking information speaks only as of the date of this news release, and the Company does not

undertake any obligation to update or revise such information except as required by applicable securities laws. REV disclaims any intention

or obligation to update or revise any forward -looking statements, whether as a result of new information or otherwise, except as expressly

required by applicable securities legislation.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United Stat es. The securities

referenced herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold

in the United States absent registration or an applicable exemption from registration.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)

accepts responsibility for the adequacy or accuracy of this release.