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REV Exploration Corp. Acquires Drill-Ready Natural Hydrogen Project in Alberta

Story Highlights
  • REV Exploration Corp. acquires 100% interest in Aden Dome for Natural Hydrogen.
  • The acquisition aligns with Alberta’s hydrogen strategy, enhancing clean energy potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
REV Exploration Corp. Acquires Drill-Ready Natural Hydrogen Project in Alberta

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Gitennes Exploration ( (TSE:REVX) ) has shared an announcement.

REV Exploration Corp. has acquired a 100% interest in the Aden Dome, a drill-ready Natural Hydrogen project located on the Alberta-Montana border. This acquisition positions REV as a leader in the Natural Hydrogen space in Alberta, aligning with the province’s aggressive hydrogen strategy. The Aden Dome, previously unexplored for Natural Hydrogen, presents promising opportunities for clean energy development, potentially boosting Alberta’s clean energy strategy. The deal involves a cash payment and issuance of common shares, subject to certain conditions, and reflects REV’s strategic expansion into the Natural Hydrogen market.

More about Gitennes Exploration

REV Exploration Corp. is a mineral exploration company with a focus on gold and battery metal properties in Quebec, including nickel, niobium, and tantalum in the Sept-Iles region and gold in the Chapais-Chibougamau area. The company also holds a significant portfolio of Natural Hydrogen properties in Saskatchewan and is a first-mover in the Natural Hydrogen sector in Alberta.

Average Trading Volume: 40,503

Technical Sentiment Signal: Sell

Current Market Cap: C$6.3M

Find detailed analytics on REVX stock on TipRanks’ Stock Analysis page.

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