19:35:33 EDT Thu 02 Oct 2025
Enter Symbol
or Name
USA
CA



Rev Exploration Corp
Symbol REVX
Shares Issued 26,294,716
Close 2025-10-02 C$ 0.39
Market Cap C$ 10,254,939
Recent Sedar Documents

Rev doubles size of JWM property through acquisition

2025-10-02 16:35 ET - News Release

Mr. Jordan Potts reports

REV DOUBLES SIZE OF JMW GOLD PROPERTY IN CHIBOUGAMAU CAMP

Rev Exploration Corp. has entered into a definitive agreement to acquire 41 mining claims from an arm's-length private Quebec-based company (the vendor), effectively doubling the size of Rev's JMW gold property in Northern Quebec's Chibougamau camp to approximately 40 square kilometres (refer to Rev news release Sept. 25, 2025, for further information on the JMW gold property).

The agreement sets forth the basic terms and conditions upon which the company and the vendor will complete the transaction as follows:

  • Rev to provide a cash payment of $35,000 to the vendor on closing;
  • Rev to issue $40,000 worth of common shares to the vendor on closing;
  • Rev to grant a 1.0-per-cent NSR (net smelter return) in favour of the vendor, with a 0.5-per-cent NSR buyback (half of the NSR); and at Rev's option for $750,000.

Jordan Potts, chief executive officer of Rev, commented: "We've been increasingly impressed with the potential of JMW which is an advanced prospect with more than 30 diamond drill holes completed historically with apparent gold enrichment inside a six km long felsic complex. along the underexplored Caopatina formation sediment contact. The Chibougamau camp is currently very active, highlighted by the success of Iamgold with deposits located on trend to the east. We look forward to providing further updates on JMW as more exploration results come in ahead of anticipated drill permits."

Readers are cautioned that mineralization and mineral deposits on properties neighbouring JMW are not necessarily indicative of mineralization or deposit potential at JMW. The transaction is subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange, as applicable. All shares issued in connection with the transaction will be subject to the standard statutory hold period under applicable securities laws, and no finders' fees are payable in connection with the transaction.

About Rev Exploration Corp.

Rev is a mineral exploration company that owns a suite of gold and battery metal properties in Quebec highlighted by JMW and Maxwell in the Chapais-Chibougamau area, while the company also has strong exposure to the natural hydrogen sector in Alberta and Saskatchewan. Rev has acquired 100 per cent of a series of PNG leases along the Alberta-Montana border, including the drill-ready Aden Dome, while it also has a significant equity position in Max Power Mining Corp. which owns Canada's largest permitted land package for natural hydrogen in Saskatchewan.

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