Northwire Canada EditionTuesday, August 18, 2026
Northwire
ARTG 39.09 −0.6% MEK 0.045 −10.0% BEX 0.085 +6.2% NTH 0.152 −4.7% SCOT 2.68 −2.5% KRI 0.250 +6.4% MD 0.405 +2.5% CANX 0.240 +4.3% LXM 0.160 −5.9% BPAG 1.12 −5.9% BUFF 0.770 +1.3% BSK 0.050 +0.0% TGC 0.110 +0.0% PINN 0.105 +0.0% KTO 0.840 +1.2% REVX 1.62 −8.0% ARTG 39.09 −0.6% MEK 0.045 −10.0% BEX 0.085 +6.2% NTH 0.152 −4.7% SCOT 2.68 −2.5% KRI 0.250 +6.4% MD 0.405 +2.5% CANX 0.240 +4.3% LXM 0.160 −5.9% BPAG 1.12 −5.9% BUFF 0.770 +1.3% BSK 0.050 +0.0% TGC 0.110 +0.0% PINN 0.105 +0.0% KTO 0.840 +1.2% REVX 1.62 −8.0%
M&A / Property

REV Engages GLJ Ltd. for Expanded Technical Support Ahead of Upcoming Drilling and Evaluation Programs

REVX · Price

Rev Exploration Corp. (TSXV: REVX) has engaged Calgary-based energy consulting firm GLJ Ltd. to provide expanded geoscience and engineering support for its upcoming inaugural drill program focused on Helium discovery opportunities in Montana and the Northern Great Plains. The engagement aims to strengthen REV’s technical workflow, reduce subsurface uncertainty, and support disciplined exploration decisions as the company prepares for its first drilling campaign.

GLJ will provide technical data integration, subsurface interpretation, prospect evaluation, pre-drill technical support, post-drill analysis, and deposit modeling. This strategic partnership supports REV’s strategy to become a North American leader in Helium exploration and development, leveraging GLJ’s 50+ years of industry experience in reservoir engineering and geoscience. GLJ currently provides technical support to MAX Power Mining Corp. (CSE: MAXX), with whom REV has collaborated for over a year and holds a significant shareholder position of 6 million shares.

Jordan Potts, CEO and Director, stated: “Bringing GLJ into the fold adds another layer of technical horsepower to REV at an important time for the Company. GLJ’s depth in geoscience, engineering and integrated subsurface evaluation complements the capabilities of our existing team and gives us additional bandwidth to evaluate opportunities efficiently and methodically as our exploration program expands.”

In addition to the technical advisory engagement, the company detailed an advisory agreement with Toronto-based investment dealer Hampton Securities Limited. The terms include a one-time cash fee of C$400,000 plus applicable taxes, payable upon execution. The agreement is non-exclusive, with no securities issuable to Hampton and no other compensation unless expressly agreed in writing. The term is 120 days commencing upon mutual execution.

The release also noted the grant of stock options to certain consultants. The details of the grant are as follows:

  • Quantity: 125,000 common shares
  • Exercise Price: $1.55 per share
  • Expiration: August 17, 2031
  • Vesting: Four equal quarterly installments, commencing three months following the date of grant
  • Hold Period: Four months from the original grant date
  • Status: Subject to TSXV acceptance
Read the original news release →

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