10:33 AM EST, 01/19/2026 (MT Newswires) -- Rev Exploration ( REVFF ) said Monday that it is launching a drilling program in the first quarter on its flagship Aden Dome project in Alberta along the Montana border after closing private placements totaling C$5.8 million.

The Aden Dome is considered highly prospective for natural hydrogen and associated gases, and is located along a geological belt that extends from Saskatchewan into Montana.

The company also said it has secured a land package in Northern Quebec's Chibougamau Gold Camp totaling about 52,000 hectares or 520 square kilometers, including the drill-ready JMW Property.

In addition, Rev said it has increased its ownership in MAX Power (MAXX.CN) to six million shares, representing a 5.0% stake on a non-diluted basis, after exercising two million warrants of MAX Power.

"By increasing our ownership position, we are strengthening an asset-backed investment that we believe has the potential to meaningfully enhance shareholder value at REV," chief executive officer Jordan Potts said. "This transaction underscores our strategy of using partnerships and disciplined capital allocation to create upside for our shareholders while maintaining focus on our core exploration initiatives."

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