Revival GOLD Closes Strategic Placement with Dundee Corporation

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REVIVAL GOLD CLOSES STRATEGIC PLACEMENT

WITH DUNDEE CORPORATION

Toronto, ON – March 3rd, 2025 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) ("Revival Gold" or

the "Company") is pleased to announce that it has closed a non-brokered private placement for

total gross proceeds of C$3,680,000 (the “Placement”), as previously announced on February 19th,

2025. The Placement consisted of the issuance of 11,500,000 units of the Company (the “Units”) at

a price of C$0.32 per Unit, which includes the exercise of the entire 15% upsize option.

Dundee Corporation (TSX: DC.A) through its wholly owned subsidiary, Dundee Resources Limited

(“Dundee”), acquired 10,000,000 Units for gross proceeds of C$3,200,000. Dundee is a TSX-listed

mineral exploration and development investment corporation. Revival Gold has granted Dundee a

first right of refusal to maintain its equity ownership interest in the Company through the right to

participate in equity financings for a term of six months following the close of the Placement.

Each Unit consists of one common share of the Company (a "Common Share") and one-half of one

common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitle s the

holder thereof to acquire one Common Share of the Company (a “Warrant Share”) at an exercise

price of C$0.45 per Warrant Share for a period of twenty -four (24) months from the date of

issuance.

Proceeds from the Placement are expected to be used to advance Revival Gold 's ongoing project

development activities and for general working capital and corporate purposes. All securities issued

under the Placement are subject to a statutory four month and one-day hold period. In connection

with the Placement , the Company paid an aggregate of C $175,000 in advisory fees to Paradigm

Capital Inc., BMO Capital Markets and Beacon Securities Limited. The Placement is subject to the

final approval of the TSX Venture Exchange.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any 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 (the "U.S. Securities Act"), 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.

About Revival Gold

Revival Gold is one of the largest, pure gold, mine developers in the United States. The Company is

advancing engineering and economic studies on the Mercur Gold Project in Utah and mine

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permitting preparations and ongoing exploration at the Beartrack- Arnett Gold Project located in

Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades

on the OTCQX Market under the ticker symbol “RVLGF”. The Company is headquartered in Toronto,

Canada, with its exploration and development office located in Salmon, Idaho.

About Dundee Corporation

Dundee Corporation is a public Canadian independent holding company, listed on the Toronto Stock

Exchange under the symbol “DC.A”. Through its operating subsidiaries, Dundee Corporation is an

active investor focused on delivering long-term, sustainable value as a trusted partner in the mining

sector with more than 30 years of experience making accretive mining investments.

For further information, please contact:

Hugh Agro, President & CEO or Lisa Ross, CFO

Telephone: (416) 366-4100 or Email: [email protected]

Cautionary Statement

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.

This press release contains "forward -looking information" within the meaning of applicable Canadian

securities legislation and "forward-looking statements" within the meaning of the U.S. Private Securities

Litigation Reform Act of 1995 (collectively, "forw ard-looking statements"). Forward-looking statements are

not comprised of historical facts. Forward -looking statements include estimates and statements that

describe the Company’s future plans, objectives or goals, including words to the effect that the Company or

management expects a stated condition or result to occur. Forward-looking statements may be identified by

such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “coul d”, “would”, “will”, or “plan”.

Since forward-looking statements are based on assumptions and address future events and conditions, by

their very nature they involve inherent risks and uncertainties. Although these statements are based on

information currently available to the Company, the Company provides no assurance that actual results will

meet management’s expectations. Risks, uncertainties, and other factors involved with forward -looking

statements could cause actual events, results, performance, prospects, and opportunities to differ materially

from those expressed or implied by such forward-looking statements.

Forward-looking statements in this news release include, but are not limited to, the expected use of proceeds

from the Placement, the Company’s objectives, goals and future plans, the receipt of necessary regulatory

approvals, the development of the Company's projects, and the potential production estimates for the

projects. Forward-looking statements are based on certain assumptions, including assumptions that the

Placement will be completed on the terms described herein, that all necessary regulatory appr ovals will be

obtained in a timely manner, that the Company will successfully apply the proceeds of the Placement as

intended, and that the Company's projects will advance as anticipated. Although Revival Gold believes that

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the assumptions and expectations reflected in such forward -looking statements are reasonable, undue

reliance should not be placed on forward -looking statements, which are inherently subject to significant

business, economic, and competitive risks, uncertai nties, and contingencies. Forward-looking statements

are subject to various known and unknown risks and uncertainties, including that the proceeds of the

Placement will not be used as anticipated, that the Company's projects will not proceed as expected, changes

in commodity prices, investor sentiment and market conditions as observed in historical transactions, and

other risks and uncertainties disclosed in the Company’s public filings with Canadian securities regulators,

including its most recent annual i nformation form and management’s discussion and analysis, available at

www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date

of this press release. Except as required by law, the Company disclaims any intention and assumes no

obligation to update or revise any forward -looking statements, wheth er as a result of new information,

future events or otherwise. Additionally, the Company undertakes no obligation to comment on the

expectations of, or statements made by, third parties in respect of the matters discussed above.