17:07:41 EDT Tue 18 Aug 2026
Enter Symbol
or Name
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Rev Exploration Corp
Symbol REVX
Shares Issued 60,207,329
Close 2026-08-17 C$ 1.62
Market Cap C$ 97,535,873
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Rev Exploration hires GLJ for technical support

2026-08-18 11:54 ET - News Release

Mr. Jordan Potts reports

REV ENGAGES GLJ LTD. FOR EXPANDED TECHNICAL SUPPORT AHEAD OF UPCOMING DRILLING AND EVALUATION PROGRAMS

Rev Exploration Corp. has engaged Calgary-based GLJ Ltd. to provide expanded geoscience and engineering support to Rev's internal technical team as the company prepares for its inaugural drill program focused on high-impact Helium discovery opportunities in Montana and elsewhere in the Northern Great Plains.

GLJ is a Calgary-headquartered energy consulting group with more than 50 years of industry experience across conventional and emerging energy resources. Its team of engineers, geoscientists and energy professionals brings capability in reservoir engineering, geoscience, geological modelling, geophysical and petrophysical interpretation, reservoir characterization, integrated subsurface studies, technical risk assessment, and economic evaluation. The engagement gives Rev a broader technical bench as it immediately ramps up project development in Montana and potentially elsewhere. This also adds capacity as the company evaluates and prioritizes opportunities across its helium portfolio while also investigating potential acquisitions as well as prospective areas for deposits of natural hydrogen.

Rev intends to utilize GLJ on a project-specific basis alongside the company's existing technical team, with the scope of work expected to include technical data integration, subsurface interpretation, prospect evaluation, predrill technical support and postdrill analysis, and deposit modelling as required. The objective is to strengthen the technical workflow surrounding prospect maturation and drilling decisions while maintaining a disciplined, data-driven approach to exploration and potential development.

GLJ also currently provides technical support to Max Power Mining Corp. (Canadian Securities Exchange: MAXX; OTC: MAXXF), giving the group familiarity with the subsurface workflows being applied to evaluate large-scale clean gas opportunities in the Western Canadian sedimentary basin. Rev's technical collaboration with Max Power began over a year ago, and Rev remains one of Max Power's largest shareholders with six million shares.

Jordan Potts, Rev chief executive officer and director, commented: "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."

The engagement is part of Rev's broader strategy to assemble the technical expertise, project inventory and execution capability required to become a North American leader in helium exploration and development. With a growing portfolio and upcoming first-ever drilling, the company believes that strengthening its technical foundation is an important step toward accelerating prospect evaluation, reducing subsurface uncertainty and supporting disciplined exploration decisions.

Advisory agreement

Rev announces that it has entered into an advisory agreement dated Aug. 17, 2026, with Hampton Securities Ltd., pursuant to which Hampton will provide advisory services to the company for an engagement period of 120 days commencing on the date of mutual execution.

In consideration for the advisory services, the company has agreed to pay Hampton a one-time cash fee of $400,000, plus applicable taxes, payable upon execution of the advisory agreement. No securities of the company are issuable to Hampton as consideration under the advisory agreement, and Hampton is not entitled to any compensation other than the advisory fee unless expressly agreed to in writing by the company.

Hampton's engagement is non-exclusive. The advisory agreement does not restrict the company from engaging or working with other investment banking or advisory firms, and the company has no obligation to inform Hampton of any such arrangements.

Hampton Securities is an independent Canadian investment dealer based in Toronto, Ont.

Stock option grant

Rev announces that the company's board of directors has approved the grant of stock options exercisable for a total of 125,000 common shares to certain consultants. All options were granted pursuant to the company's stock option plan and are subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange.

The options were granted at an exercise price of $1.55 and expire on Aug. 17, 2031. The options will vest in four equal quarterly instalments, commencing three months following the date of grant. Any common shares issuable upon exercise of the options are subject to a four-month hold period from the original date on which the options were granted. The options are subject to TSX-V acceptance.

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 focused on America's Northern Great Plains and southernmost Alberta along the Montana border. 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.

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