Mr. Hugh Agro reports

REVIVAL GOLD ANNOUNCES AMENDMENT TO ADVANCE NOTICE BY-LAW

Following the publication of the voting recommendations of Institutional Shareholder Services Inc. in connection with Revival Gold Inc.'s coming annual and special meeting of shareholders to be held on Nov. 18, 2026, the company has amended its advance notice bylaw to remove the maximum advance notice period applicable to shareholder nominations of directors.

ISS had recommended that shareholders vote against the resolution to confirm the advance notice bylaw, citing its concern about the inclusion of a maximum time limit for the submission of shareholder nominations of directors. The advance notice bylaw had provided that, in the case of an annual shareholder meeting, notice to the company must be given not fewer than 30 days prior to the date of the annual meeting nor more than 65 days before the date of such meeting.

In response to ISS's recommendation, the company has amended the advance notice bylaw to remove the maximum 65-day advance notice period, while retaining the existing 30-day minimum advance notice requirement. The amendment is intended to address ISS's concern and provide shareholders with greater flexibility in submitting nominations of directors in advance of a meeting of shareholders. No other amendments were made to the advance notice bylaw.

The advance notice bylaw, as amended, is effective immediately and will be placed before shareholders for approval, confirmation and ratification at the meeting. Pursuant to the provisions of the Canada Business Corporations Act, the advance notice bylaw will cease to be effective unless it is approved, ratified and confirmed by a resolution adopted by a majority of the votes cast by the shareholders of the company at the meeting.

The company confirms that management proxy holders intend to vote for the resolution to confirm the advance notice bylaw, as amended, at the meeting, except in respect of proxies that contain specific voting instructions to the contrary.

The board of directors believes that the amendment appropriately addresses the concern raised by ISS while preserving the company's ability to ensure an orderly and transparent director nomination process in the interests of the company and its shareholders. Shareholders are encouraged to review the company's management information circular with respect to the meeting.

About Revival Gold Inc.

Revival Gold is one of the largest, pure play gold mine developers in the United States. The company is advancing development of the Mercur gold project in Utah and conducting exploration at the Beartrack-Arnett gold project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol RVG and trades on the OTCQX market under the ticker symbol RVLGF. The company is headquartered in Toronto, Canada, with its U.S. exploration and development office located in Salmon, Idaho.

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