Latest news with #JordanPotts
The Market Online
16-05-2025
- Business
- The Market Online
REV Exploration jump-starts search for hydrogen in Alberta
Following the acquisition of a prospective land package in Saskatchewan, REV Exploration (TSXV:REVX) has its sights set on becoming a first-mover in natural hydrogen exploration in Alberta Premier Danielle Smith previously noted hydrogen's trillion-dollar potential for the province REV Exploration, formerly Gitennes Exploration, is a mineral exploration company advancing gold and battery metal properties in Quebec and natural hydrogen properties in Saskatchewan, all of which are 100-per-cent owned REV Exploration stock has added 170 per cent year-over-year but remains down by 73 per cent since 2020 Following the acquisition of a prospective land package in Saskatchewan, REV Exploration (TSXV:REVX) has its sights set on becoming a first-mover in natural hydrogen exploration in Alberta. The move aims to capitalize on what Alberta Premier Danielle Smith sees as hydrogen's potential to become the province's 'next trillion-dollar industry,' as reported by Western Standard in April. According to Friday's news release, natural hydrogen represents a complementary revenue source to Alberta's leadership position in blue hydrogen production from natural gas. REV's thesis is backed up by the province's favorable geology and its Hydrogen Roadmap targeting over C$30 billion in investments by 2030. Leadership insights 'Having just secured a massive land package with permits for natural hydrogen exploration in Saskatchewan, where discovery potential is considered very high, we are also keenly interested in neighboring Alberta, which has an advanced hydrogen economy and a rapidly growing demand for new low-cost, clean energy given the province's emphasis on development of AI data centers,' Jordan Potts, REV Exploration's chief executive officer, said in a statement. 'Alberta and Saskatchewan each offer niche opportunities for a company like REV to explore and develop natural hydrogen, a potentially game-changing critical element. We look forward to making progress in Alberta very soon, just as we have in Saskatchewan,' Potts added. About REV Exploration REV Exploration, formerly Gitennes Exploration, is a mineral exploration company advancing gold and battery metal properties in Quebec and natural hydrogen properties in Saskatchewan, all of which are 100-per-cent owned. REV Exploration stock (TSXV:REVX) is unchanged trading at C$0.27 as of 9:51 am ET. The stock has added 170 per cent year-over-year but remains down by 73 per cent since 2020. Join the discussion: Find out what everybody's saying about this Canadian gold, hydrogen and battery metal stock on the REV Exploration Corp. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Yahoo
16-05-2025
- Business
- Yahoo
REV Exploration Acquires Permits in Saskatchewan for Natural Hydrogen Exploration
VANCOUVER, BRITISH COLUMBIA - May 15, 2025 (NEWMEDIAWIRE) - REV Exploration Corp. ("REV" or the "Company") (TSXV: REVX), formerly Gitennes Exploration, is pleased to announce the Company has acquired permits in Saskatchewan covering 372,571 hectares (3,726 sq. km), allowing for Natural Hydrogen exploration across highly prospective ground in the southern and north-central parts of the province (these permits are specifically referred to by the government as "Helium and Associated Gases" permits). Jordan Potts, REV Exploration CEO, commented: "Our team has carried out incredible work, based on extensive scientific research, to identify large areas of Saskatchewan with strong potential for hosting accumulations of naturally occurring hydrogen gas. This is a rapidly emerging subset of the resource sector as the race intensifies to identify the first commercial concentration of Natural Hydrogen in the earth's subsurface in North America." Mr. Potts continued: "Saskatchewan has Canada's most advanced policy framework for Natural Hydrogen exploration and development. This fact, combined with unique geology and a growing market for hydrogen in the province, gives REV Exploration exposure to what management believes will be a catalyst-rich period for the Company and its shareholders in this space over the coming months. We look forward to rolling out our broader Natural Hydrogen strategy for Western Canada over the course of the coming weeks." Appointment of Market Maker REV Exploration has appointed Independent Trading Group, Inc. ("ITG") as a market maker for its shares traded on the TSX Venture Exchange ("TSXV"). ITG is a leading Canadian broker dealer, providing liquidity and execution services to clients around the world. As a market maker for REVX, ITG will strive to enhance the liquidity of, and contribute to a fair and orderly market for, REV Exploration shares in accordance with the policies of the TSXV by buying and selling the Company's shares on the TSXV as well as other alternative Canadian trading venues. ITG is a wholly owned subsidiary of DVX Capital Markets. The contract with ITG is on a month-to-month basis for a monthly fee of CDN $6,000, with the first full month being April 2025. The contract can be terminated by either party by providing 30 days' written notice of such termination. ITG will not receive shares or options as compensation for its services. ITG and REV Exploration are unrelated and unaffiliated entities and, at the time of the agreement for ITG's services, to the knowledge of the Company, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company. Independent Trading Group, Inc. is a Toronto based IIROC dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors. About REV Exploration Corp. REV Exploration is a mineral exploration company that owns a suite of gold and battery metal properties in Quebec, specifically in the Sept-Iles region (nickel, niobium and tantalum) and the Chapais-Chibougamau area (gold), in addition to a substantial portfolio of strategic Natural Hydrogen properties in Saskatchewan. All properties in both provinces are 100% owned by the Company. For further information on the Company, readers are referred to the Company's website at and its Canadian regulatory filings on SEDAR+ at REV Exploration Corp. Suite 410 325 Howe Street,B.C. V6C 1Z7 Tel: 604-682-7970info@ Jordan PottsInterim CEO, Director For further information, please contact: Chad LevesqueInvestor Relations1-306-981-4753info@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. This news release contains "forward-looking information" within the meaning of applicable Canadian and United States securities laws, which is based upon the Company's current internal expectations, estimates, projections, assumptions and beliefs. The forward-looking information included in this news release is made only as of the date of this news release. Such forward-looking statements and forward-looking information often, but not always, can be identified by the use of words such as "plans", "expects", "potential", "is expected", "anticipated", "is targeted", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. REV Exploration Corp. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Sign in to access your portfolio
