REV Exploration Corp. Announces Strategic Move into US Market with Montana Acquisition
VANCOUVER, British Columbia – In a significant strategic expansion, REV Exploration Corp. (TSXV: REVX; OCTID: REVFF) has taken a decisive step toward entering the American energy market. The Vancouver-based mineral exploration company announced today that it has entered into a non-binding Letter of Intent (LOI) to acquire specific oil and gas leasehold interests in Montana's Sweet Grass Hills area.
Transaction Details and Strategic Implications
The proposed acquisition, dated January 23, 2026, involves properties currently held by a publicly listed helium company. According to the LOI terms, REV Exploration would make a cash payment of USD $250,000 to the vendor upon closing, supplemented by the issuance of company common shares valued at USD $300,000. This transaction represents a calculated expansion beyond the company's existing Canadian operations.
"This Montana land package represents a strategic new focus on America's Northern Great Plains states," the company stated in its announcement. The properties are described as complementary to REV's flagship Aden Dome Project in southeast Alberta, which sits along the Montana border. This geographical synergy creates a cross-border energy corridor that could enhance operational efficiency and resource development potential.
Expanding North American Footprint
The Montana acquisition would dramatically increase REV Exploration's total landholdings, nearly quadrupling them from 4,845 acres to approximately 18,998 acres. This expansion positions the company more prominently in the North American energy sector, particularly in emerging resource markets.
The company has identified helium and natural hydrogen as primary targets in this strategic move. These resources represent growing segments within the energy industry, with increasing demand across various technological and industrial applications.
Regulatory Process and Corporate Clarifications
Closing of the transaction remains subject to several conditions, including:
- Execution of a definitive agreement between the parties
- Satisfaction of customary closing conditions
- Receipt of required regulatory approvals, including acceptance by the TSX Venture Exchange
In a separate clarification, REV Exploration addressed its January 16, 2026 press release, noting that insider participation was limited to a concurrent non-brokered private placement subject to standard hold periods. The company emphasized that no insiders participated in the LIFE offering referenced in that announcement.
Company Background and Diversified Portfolio
REV Exploration Corp. maintains a diversified portfolio across Canada's resource sectors. The company owns several gold properties in Quebec, highlighted by the JMW and Maxwell projects in the Chibougamau Gold Camp of northern Quebec. Simultaneously, REV has developed substantial exposure to the natural hydrogen sector in Alberta and Saskatchewan.
The company's strategic assets include:
- 100% ownership of PNG leases along the Alberta-Montana border, including the drill-ready Aden Dome project
- Six million shares of MAX Power Mining Corp., which is advancing Canada's largest permitted land package for natural hydrogen in Saskatchewan
This Montana acquisition represents the latest chapter in REV Exploration's growth strategy, positioning the company at the intersection of traditional energy resources and emerging alternative energy markets across North America.
