Northwire Canada EditionTuesday, October 20, 2026
Northwire
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Other

REV Announces Strategic Asset Monetization, Corporate Rebranding and Marketing Program

MAXX · Price

Executive Summary

  • REV Exploration entered into a mineral property purchase agreement with Major Gold Corp., exchanging its 100% interest in ~50,000 ha of Chibougamau gold claims for 12.4 M MGC common shares, positioning REV as the majority shareholder of MGC.
  • The transaction enables REV to concentrate on Helium and Natural Hydrogen projects in the Northern Great Plains, highlighted by the drill‑ready Aden Dome asset and a 5% stake (6 M shares) in MAX Power Mining Corp., which recently announced Canada’s first natural hydrogen discovery.
  • Concurrently, REV launched a corporate rebranding (new logo, upcoming website) and signed a 12‑week investor‑relations consulting agreement with Stockchain Capital for USD 240,000 to target German investors.

Key Details

  • Transaction Structure: REV transfers 100% of its Chibougamau gold assets (~50,000 ha) to Major Gold Corp. (MGC) in exchange for 12,400,000 common shares of MGC.
  • Post‑Closing Ownership: REV is expected to become the majority shareholder of MGC and will have the right to nominate two directors to MGC’s board.
  • Potential Special Dividend: REV may later distribute MGC shares to its own shareholders as a “special dividend.”
  • MGC Plans: Commence drilling in the Chibougamau Camp within weeks; pursue a listing on the TSX Venture Exchange (subject to approvals and financing).
  • Helium & Natural Hydrogen Focus:
  • Assembled high‑value drill targets along the Montana–Alberta and Montana–Saskatchewan borders.
  • Lead Technical Advisor: Steve Halabura (MAX Power).
  • REV holds 6 M shares (~5%) of MAX Power Mining Corp., which reported Canada’s first natural hydrogen drilling discovery near Central Butte, Saskatchewan.
  • Corporate Rebranding: New logo unveiled; new website (www.REVexploration.com) to be launched shortly to increase U.S. and European investor exposure.
  • Marketing Services (Oct 3 2025): Completed payment of USD 250,000 to i2i Marketing Group for corporate marketing and investor awareness.
  • Investor‑Relations Agreement (effective Feb 13 2026):
  • Consultant: Stockchain Capital, LLC (German‑focused IR services).
  • Fee: USD 240,000 payable in a single installment from working capital.
  • Term: 12 weeks; subject to TSX Venture Exchange approval.
  • Financial Position: Following a $5.8 M private placement in Jan 2026 (lead order by Eric Sprott), REV has a strong treasury, 53 M shares outstanding and 4.2 M warrants.

Notable Quotes

“The transaction with Major Gold is value‑accretive… It will allow REV to focus its energies and capital on becoming a leading Helium and Natural Hydrogen company…” – Jordan Potts, CEO & Director, REV Exploration Corp.

Read the original news release →

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