REV Exploration Announces Upsizing of Life Offering

Executive Summary

• REV Exploration Corp. upsized its Listed Issuer Financing Exemption (LIFE) offering by $300,000, increasing the potential gross proceeds from $2.5 M to $2.8 M.
• The LIFE Offering remains priced at $0.40 per common share with a maximum of 7,000,000 shares issuable if fully subscribed; no warrants will be issued.
• Combined with the previously announced $3.0 M private placement, total expected gross proceeds rise to up to $5.8 M, which will fund advancement of the Aden Dome Natural Hydrogen asset and general corporate purposes.

Key Details

• Upsized Amount: Additional $300,000, raising LIFE Offering ceiling to $2.8 million.
• Pricing & Shares: $0.40 per common share; up to an additional 750,000 shares, bringing total possible issuance to 7,000,000 shares.
• Offering Structure: Non‑brokered listed issuer financing exemption under NI 45-106 Part 5A; available only to Canadian residents (excluding Québec). No warrants attached.
• Regulatory Filings: Amended and restated offering document filed on SEDAR+ and posted on the company website.
• Closing Timeline: Expected around January 21, 2026, subject to TSX Venture Exchange approval and other regulatory consents.
• Concurrent Private Placement: $3.0 M non‑brokered hard‑dollar private placement led by Eric Sprott remains unchanged.
• Aggregate Proceeds: Up to $5.8 M total (LIFE Offering + Private Placement).
• Use of Proceeds: Advance the Aden Dome Natural Hydrogen asset on the Alberta–Montana border; fund general corporate purposes and further exploration activities in 2026.

Notable Quotes

• Jordan Potts, CEO & Director: “We are encouraged by the strong demand for the offerings and remain enthusiastic about advancing our exploration portfolio and executing on our strategic objectives in 2026.”