Rev Targets Entry into American Market with LOI to Acquire Properties IN Montana
REV Exploration Corp.
TSXV: REVX
604-682-7970
REV TARGETS ENTRY INTO AMERICAN MARKET
WITH LOI TO ACQUIRE PROPERTIES IN MONTANA
VANCOUVER, British Columbia, February 4, 2026: REV Exploration Corp. (“REV” or the “Company”) (TSXV:
REVX; OCTID: REVFF) is pleased to announce that it has entered into a non-binding Letter of Intent (LOI) dated
January 23, 2026 (the “LOI”) to acquire certain oil and gas leasehold interests (the “Properties”) held by a publicly
listed helium company (the “Vendor”) in the Sweet Grass Hills area of Montana (the “Transaction”).
The LOI sets forth the terms and conditions upon which the Company and the Vendor will complete the Transaction
as follows:
• A cash payment of USD $250,000 payable to the Vendor on closing; and
• The issuance to the Vendor of common shares of the Company having an aggregate deemed value of USD
$300,000 on closing.
Closing of the Transaction will be subject to, among other things, the execution of a definitive agreement,
satisfaction of customary closing conditions, and receipt of required regulatory approvals, including acceptance by
the TSX Venture Exchange.
The Montana land package is complementary to REV’s flagship and drill -ready Aden Dome Project in southeast
Alberta along the Montana border and represents a strategic new focus on America’s Northern Great Plains states ,
targeting h elium and natural hydrogen. The Transaction would nearly quadruple the size of REV’s total
landholdings from 4,845 acres to approximately 18,998 acres as outlined in the map below.
Figure 1: REV Exploration Project Map With Montana Land Package Per LOI
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The Company also wishes to clarify the press release of January 16, 2026, that insider participation was limited to
a concurrent non -brokered private placement subject to a four -month and one-day hold period. No insiders
participated in the LIFE offering.
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 owns six million shares of MAX
Power Mining Corp., advancing 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
REVexploration.com
Jordan Potts CEO, Director
For further information, please contact:
Chad Levesque
Investor Relations
1-306-981-4753
Cautionary Statement on Forward-Looking Information
This news release contains “forward -looking information” and “forward-looking statements” within the meaning of applicable Canadian
securities legislation (collectively, “forward-looking information”). Forward-looking information in this release includes, but is not limited
to, statements regarding: the completion of the Transaction; the negotiation and execution of a definitive agreement; the ant icipated terms
and timing of closing; the receipt of regulatory approvals, including acceptance by the TSX Ventu re Exchange; the Company’s plans and
proposed exploration activities on the Properties; the geological potential of the Properties; and the Company’s future business strategy and
objectives.
Forward-looking information is based on management’s expectations and reasonable assumptions as of the date of this news release,
including, without limitation, assumptions regarding: the parties’ ability to negotiate and execute a definitive agreement; the satisfaction of
closing conditions; the timely receipt of all required regulatory and third -party approvals; the accuracy and reliability of historical
geological and technical information relating to the Properties; the Company’s ability to obtain financing on reasonable terms if required;
and general economic, market and business conditions.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance
or achievements of the Company to differ materially from those expressed or implied by such forward -looking information. Such risks and
uncertainties include, without limitation: the risk that the Transaction may not proceed or may not be completed on the terms currently
contemplated or at all; the risk that required approvals, including TSX Venture Exchange acceptance, may not be obtained in a timely manner
or at all; risks relating to mineral exploration and development, including the risk that exploration results may not confirm geological
interpretations or expectations; the speculative nature of early-stage mineral properties; risks associated with operating in the United States,
including permitting, land tenure, environmental compliance, regulatory and community relations risks; commodity price volati lity;
fluctuations in currency exchange rates; access to capital; dilution; reliance on key personnel; and general economic, market, political and
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social uncertainties. Investors should review the risk factors and other disclosure contained in the Company’s public filings available under
its profile on SEDAR+ at www.sedarplus.ca.
There can be no assurance that forward -looking information will prove to be accurate, as actual results and future events could differ
materially from those anticipated. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking
information contained herein is made as of the date of this news release, and the Company does not undertake any obligation t o update or
revise such information except as required by applicable securities laws. This news release does not constitute an offer to sell or a solicitation
of an offer to buy securities in the United States. The securities described herein have not been and will not be registered under the United
States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent registration
or an applicable exemption from such registration requirements.
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.