Mr. Jordan Potts reports

REV COMPLETES ACQUISITION OF MONTANA HELIUM PROPERTIES

Rev Exploration Corp., further to its news release dated Feb. 4, 2026, now owns 100 per cent of certain oil and gas leasehold interests in Montana after completing a purchase and sale agreement with a publicly listed helium company active in the Sweet Grass Hills corridor.

This transaction launches Rev's push into America's helium-producing Northern Great Plains and nearly quadruples the size of Rev's exploration footprint (now approximately 19,000 acres) that also includes the Aden Dome along the Alberta-Montana border, an advanced drill-ready target that offers helium and natural hydrogen discovery potential. Rev has created a U.S. subsidiary, REV Exploration USA, Inc., incorporated in Montana, to hold its American assets.

The deal

Pursuant to a purchase and sale agreement between the company and the vendor, Rev has acquired the Montana properties for cash consideration of $250,000 (U.S.) and the issuance of 551,876 common shares of the company at a deemed price of 74 cents per share.

Chief executive officer comments

Jordan Potts, Rev chief executive officer, commented:

"Timing of this acquisition could not be better given the substantial recent move in helium prices. We're strong believers in the long-term outlook for the helium and natural hydrogen sectors and how they will play an increasingly important role in terms of energy security moving forward. Rev has seen tremendous growth in its investment in MAX Power, and we're looking forward to building additional value for shareholders through our own direct exploration efforts."

Vice-president, exploration, comments

Shayne Neigum, VP-exploration for Rev, stated: "REV's technical team is actively evaluating available 2-D and 3-D seismic datasets across its new Montana acreage while also assessing the potential to acquire its own proprietary 2D and 3D seismic in the area. This work is focused on refining the company's understanding of subsurface structures and identifying high-priority targets to support future helium and Natural Hydrogen exploration drilling in the near-term."

Rev enters into advisory agreement

Rev has entered into an advisory agreement dated Feb. 13, 2026, with Hampton Securities Ltd. for a 60-day engagement period. In consideration for the advisory services, the company agreed to pay Hampton a one-time fee of $100,000, plus applicable taxes. The agreement is non-exclusive. Hampton is located at 1800, 141 Adelaide St. West, Toronto, Ont., M5H 3L5. The principal contact is Andrew Deeb, managing director -- investment banking (phone: 416-862-8686; e-mail: adeeb@hamptonsecurities.com).

Hampton is arm's-length to the company.

Grant of stock options

Rev announces that it has issued 300,000 stock options to consultants pursuant to the company's stock option plan. The stock options were issued as of March 13, 2026, at a price of 65 cents, and will vest according to the company's stock option plan.

About Rev Exploration Corp.

Rev is a mineral exploration company with a diversified portfolio of strategic mining assets, together with meaningful and growing exposure to the helium and Natural Hydrogen sectors in Western Canada and the Western United States. The company owns oil and gas leasehold interests in Montana covering approximately 16,000 acres, in addition to a series of PNG leases in Alberta along the Alberta-Montana border, including the drill-ready Aden Dome project. Rev is also a significant shareholder of MAX Power Mining Corp. (ownership of six million shares or approximately 5 per cent of MAX Power), which recently made Canada's first-ever drilling discovery of natural hydrogen in Saskatchewan.

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