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Rev Exploration Corp. (REVX) Financings

TSXV: REVX · Helium, Hydrogen, Oil & Gas · Exploration stage

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 also owns 6 million shares of MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) and 12.4 million shares of Major Gold Corp., a private company that is pursuing a listing on the TSX Venture Exchange.

Rev Exploration Corp. financial statements

Key figures read from 40 of 40 financial statement filings, Nov 24, 2016 to Aug 31, 2026. Each column is the period as the company first filed it.

Balance sheet: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

Dec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Cash and equivalentsC$753,561C$1,485,986C$90,691C$86,436C$659,964
Short-term investmentsC$3,667,525C$210,125C$126,250——
Total current assetsC$939,004C$1,541,936*C$145,260*C$233,808*C$886,659*
Exploration and evaluation assetsC$1,161,500————
Property, plant and equipment———C$0C$1,995
Total assetsC$5,768,029C$1,752,061C$271,510C$245,058C$888,654
Total liabilitiesC$746,233————
Shareholders' equityC$5,021,796—(C$218,707)C$29,257C$593,004

* Calculated from the statement's own lines: the company did not print this total with a label.

Income statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
Exploration and evaluation expenseC$574,860C$176,722C$390,661C$443,990C$1,321,658
General and administrativeC$1,148,569C$111,621C$67,049C$102,109C$213,030
Share-based compensationC$983,826C$67,253C$5,804C$17,521C$66,244
Net income (loss)(C$1,685,137)C$785,924(C$435,946)(C$583,018)(C$1,726,160)

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
Operating cash flow(C$2,654,786)—(C$72,045)*(C$573,528)*—
Investing cash flow(C$79,800)—C$30,000*——
Financing cash flowC$2,002,161—C$46,300*——
Exploration spending (capitalized)(C$791,000)————
Proceeds from share issuesC$1,340,005—(C$3,700)——
Change in cash(C$732,425)C$1,395,295C$4,255(C$573,528)(C$802,897)
Cash at end of periodC$753,561C$1,485,986C$90,691C$86,436C$659,964

* Calculated from the statement's own lines: the company did not print this total with a label.

Rev Exploration Corp. financings

7 financings announced or closed by Rev Exploration Corp., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-05-22Rev Exploration Corp. (REVX)Private placement, non-brokeredClosed, 1 tranche$4.0M$0.950Rev Arranges $4 Million Private Placement with Eric Sprott
2026-01-16Rev Exploration Corp. (REVX)LIFE offering, non-brokeredClosed, 1 tranche$5.8M$0.300Rev Closes $5.8 Million in Private Placements with Eric Sprott as Lead Order
2025-08-14Rev Exploration Corp. (REVX)LIFE offering, non-brokeredClosed, 1 tranche$1.2M$0.200REV Closes LIFE Offering and Concurrent Private Placement With Strategic Investors For $1.2 Million
2024-12-04Rev Exploration Corp. (REVX)Private placement, non-brokeredClosed, 2 tranches$1.5M$0.300Gitennes Arranges Private Placement For Up To $1.5 Million
2024-09-19Rev Exploration Corp. (REVX)Flow-through, LIFE offering, non-brokeredClosed, 1 tranche$600K$0.050Gitennes Announces Non-Brokered Private Placement
2024-02-23Rev Exploration Corp. (REVX)Flow-through, non-brokeredClosed, 1 tranche$50K$0.020Gitennes Closes Private Placement
2023-12-05Rev Exploration Corp. (REVX)Flow-through, private placement, non-brokeredClosed, 1 tranche$110K$0.015Gitennes Proposed Private Placement

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