Rev Exploration signs deal to sell Quebec mining claims

Executive Summary

• Rev Exploration Corp. entered into a mineral property purchase agreement with Major Gold Corp. (MGC) to sell 100% of its gold assets in the Chibougamau region of Quebec.
• In exchange, Rev will receive 12.4 million common shares in MGC, making Rev the majority shareholder of MGC, which is planning a TSX Venture Exchange listing.
• Rev is pivoting its strategic focus to helium and natural hydrogen assets in the Northern Great Plains (Montana/Alberta/Saskatchewan border), including the Aden Dome project, while retaining a 5% stake in Max Power Mining Corp.

Key Details

• Asset Monetization (MGC Deal):
  • Rev transferred a 100% interest in mining claims comprising approximately 50,000 hectares in the Chibougamau region of Quebec to Major Gold Corp. (MGC).
  • Consideration: Rev receives 12.4 million common shares in MGC.
  • Post-Transaction Status: Rev is expected to become the majority shareholder of MGC and has the right to nominate two members to MGC's board of directors.
  • MGC Plans: MGC plans to commence a drill program in the Chibougamau camp in the coming weeks and is pursuing a listing on the TSX Venture Exchange.
  • Dividend Potential: Rev may consider distributing MGC shares as a special dividend to Rev shareholders at a future date.
  • No finders' fees are payable.
• Strategic Pivot (Helium/Hydrogen):
  • Rev is focusing on helium and natural hydrogen interests in America's Northern Great Plains, specifically along the Montana border with Alberta and Saskatchewan.
  • Flagship Asset: The Aden Dome asset is highlighted as drill-ready.
  • Max Power Mining Stake: Rev owns 6 million shares (approx. 5%) of Max Power Mining Corp., which recently reported Canada's first-ever drilling discovery of a natural hydrogen system near Central Butte, Sask.
  • Technical Advisor: Steve Halabura, Max Power Mining's chief geoscientist, serves as Rev's lead technical adviser.
• Corporate Rebranding & Marketing:
  • Rev unveiled a new corporate logo and is launching a new website to target investors in the United States and Europe.
  • i2i Marketing Group LLC: Rev completed payment of $250,000 (U.S.) for corporate marketing and investor awareness services (agreement dated Oct 3, 2025).
  • Stockchain Capital LLC: Entered into a consulting agreement effective Feb. 13, 2026, for investor relations services targeting a German audience.
  • Stockchain Terms: 12-week term, $240,000 (U.S.) consulting fee payable in a single installment from working capital. Subject to TSX-V approval.
• Financial Position:
  • Treasury: Strengthened by a $5.8 million private placement in January 2026, led by Eric Sprott.
  • Share Structure: 53 million shares outstanding and 4.2 million warrants.

Notable Quotes

• Jordan Potts, CEO: "The transaction with Major Gold is value accretive as Rev will own a large share position in a company with very aggressive plans for exploration across a portfolio of properties representing one of the largest land positions after Iamgold in the entire Chibougamau gold camp. This will allow Rev to focus its energies and capital on becoming a leading helium and natural hydrogen company focused on America's Northern Great Plains... The corporate rebranding is aimed at significantly expanding investor awareness of Rev in the United States."