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REVX.V ·

Rev Provides Corporate Update

Corporate Updates

REV Exploration Corp.

TSXV: REVX

604-682-7970

[email protected]

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REV PROVIDES CORPORATE UPDATE

Vancouver, BC – (January 19, 2026) – REV Exploration Corp. (“REV” or the “Company”) (TSXV:

REVX; OTCID: REVFF) is pleased to provide the following corporate update:

Highlights

▪ REV has completed its largest raise ever, closing concurrent private placements totaling $5.8

million (no warrants issued) with a lead order of $2.0 million from Eric Sprott who now

beneficially owns or controls 6,666,667 common shares of the Company repre senting

approximately 12.6% on a non-diluted basis (refer to Jan. 16, 2026 news release);

▪ REV has increased it s ownership to 6 million shares or approximately 5.0% of MAX Power

Mining Corp. (CSE: MAXX; OTC: MAXXF) on a non -diluted basis after exercising 2,000,000

common share purchase warrants of MAX Power which were originally issued to REV pursuant

to the previously announced strategic transaction between the two companies (refer to June 18,

2025 news release);

▪ REV is proceeding toward near-term (Q1) drilling of its flagship Aden Dome Project (Aden Dome)

in southeast Alberta along the Montana border. The Aden Dome is considered highly prospective

for Natural Hydrogen and associated gases, and is located along a geological belt that extends from

Saskatchewan into Montana. REV is exploring potential property acquisition opportunities in

Montana and the broader Northern Great Plains states;

▪ REV has amassed a land package in Northern Quebec’s Chibougamau Gold Camp totaling

approximately 52,000 hectares or 520 sq. km (refer to Jan. 14, 2026 news release), including the

drill-ready JMW Property. The Company continues to explore a range of strategic opportunities

to maximize value from its Quebec gold assets.

Mr. Jordan Potts, REV Exploration CEO, commented: “REV Exploration congratulates MAX Power

for its Natural Hydrogen drilling discovery on the Genesis Trend in Saskatchewan announced January

16, 2026. We believe this further supports our decision last year to acquire the Aden Dome situated along

a belt that stretches from the northern tip of Genesis into southeast Alberta and Montana.”

Mr. Potts continued, “Our decision to exercise our warrants in MAX Power reflects our confidence in

MAX Power’s progress and the long -term potential of Natural Hydrogen. By increasing our ownership

position, we are strengthening an asset -backed investment that we believe has the potential to

meaningfully enhance shareholder val ue at REV. This transaction underscores our strategy of using

partnerships and disciplined capital allocation to create upside for our shareholders while maintaining

focus on our core exploration initiatives.”

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About REV Exploration Corp.

REV is a mineral exploration company that owns a suite of mostly gold properties in Quebec highlighted

by JMW and Maxwell in the Chibougamau Gold Camp of northern Quebec, 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 and Forward-Looking Information

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable Canadian

securities legislation (collectively, “forward -looking information”). Forward -looking information includes, without limi tation, statements

regarding the Company’s exploration plans, proposed drilling activities and timing, potential property acquisitions, expectations regarding

Natural Hydrogen prospectivity and associated gases, the advancement of the Aden Dome Project and the Company’s gold assets in Québec,

the potential value and strategic importance of the Company’s equity investment in MAX Power Mining Corp., and the Company’s overall

business strategy and future plans.

Forward-looking information is generally identified by the use of forward -looking terminology such as “expects,” “plans,” “anticipates,”

“intends,” “believes,” “estimates,” “potential,” “targets,” “strategy,” “budget,” “scheduled,” “may,” “will,” “should,” or similar

expressions, or statements that certain events or conditions “may,” “would,” or “will” occur. Such forward -looking information is based

on management’s reasonable assumptions, estimates, expectations, and opinions as of the date of this news re lease, including assumptions

regarding commodity prices, market conditions, the availability of capital and financing on acceptable terms, the Company’s ability to obtain

necessary regulatory and third-party approvals, the results of exploration activities, and the continued cooperation of joint venture partners,

landowners, and other stakeholders. Forward-looking information is subject to known and unknown risks, uncertainties, and other factors

that may cause actual results, performance, or achievements o f the Company to differ materially from those expressed or implied by such

forward-looking information. These risks and uncertainties include, but are not limited to: risks related to regulatory approvals; changes in

commodity prices and financial markets; risks inherent in mineral and natural resource exploration and early-stage development, including

risks specific to the exploration for Natural Hydrogen and associated gases, such as uncertainty of subsurface conditions, drilling and testing

results, tech nological and methodological limitations, cost overruns, equipment failures, permitting delays, and operational accidents;

environmental, permitting, title, and community -related risks; changes in laws, regulations, or government policies; reliance on key

management and technical personnel; and general economic, political, and market conditions.

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Although the Company has attempted to identify important factors that could cause actual results to differ materially from th ose contained

in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can

be no assurance that such forward -looking information will prove to be accurate, as actual results and future events may differ materially

from those anticipated. 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 any forward -looking information, whether as a result of new information, future events, or otherwise, except as required by

applicable securities laws. Investors are encouraged to review the Company’s public disclosure record, including its most recent

management’s discussion and analysis, annual and interim filings, and risk factor disclosure available under the Company’s profile on

SEDAR+ at www.sedarplus.ca, for a more complete discussion of the risks and uncertainties applicable to the Company.

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

has reviewed or approved the contents of this news release and accepts no responsibility for the adequacy or accuracy of this release.