Revival Gold AGM Signals Stability as Development Projects Advance

NEW YORK, NY – November 21, 2025

Shareholder Confidence Confirmed

Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) received a resounding vote of confidence from its shareholders at the Annual General Meeting held on November 20, 2025. All director nominees were elected with an average of 99.5% of votes cast, underscoring strong investor support for the company’s current strategy and management team. The AGM also saw the approval of 5,300,000 incentive stock options, aligning the interests of leadership with long-term growth. This consistent level of shareholder approval is a notable trend, dating back to previous AGMs and signaling a stable governance structure.

“The high level of support is encouraging,” one industry observer noted. “It suggests investors believe in the direction the company is heading, especially with the progress being made on their key projects.”

Advancing Gold Development in the Great Basin

Revival Gold is focused on developing two significant gold projects in the United States: the Mercur Gold Project in Utah and the Beartrack-Arnett Gold Project in Idaho. Both projects are positioned to benefit from a robust gold market, with prices currently exceeding $3,000 per ounce. The Mercur project, acquired through the purchase of Ensign Minerals, recently completed a Preliminary Economic Assessment (PEA) projecting strong economics for an open-pit heap leach operation. The PEA envisions 95,000 to 105,000 ounces of gold per year over a 10-year mine life, with a favorable after-tax NPV5% of $295 million at a $2,175/oz gold price.

Meanwhile, the Beartrack-Arnett project, the largest past-producing gold mine in Idaho, boasts a substantial mineral resource of 4.6 million ounces and a completed Pre-Feasibility Study (PFS) demonstrating positive economics for a first-phase open-pit heap leach operation. Restarting production is targeted for 2027-2028. “These projects are well-positioned to capitalize on the current gold market,” stated a mining analyst. “The company is moving these assets forward with a clear development pathway.”

Incentivizing Leadership for Long-Term Growth

The approval of 5,300,000 incentive stock options is a common practice designed to align the interests of the company’s leadership with those of its shareholders. The options, exercisable at $0.70 per share for five years, provide a direct incentive for the management team to drive long-term value creation. Tim Warman, Non-Executive Chairman, and key executives including Hugh Agro (President & CEO), Lisa Ross (VP & CFO), and John Meyer (VP, Engineering & Development) were re-appointed, ensuring continuity of leadership during this critical development phase. Warman’s extensive experience in the mining sector, coupled with Agro’s track record of successful project development, provides a strong foundation for the company’s future growth. “The leadership team’s experience is a key asset,” one source commented. “They have a proven ability to navigate the challenges of bringing gold projects into production.”

The company's continuous trend in re-appointing key executives, as seen in past AGMs, solidifies investor confidence in the current management and strategies. The company's history in approving directors at almost 100% underscores the level of alignment between shareholders and the board.

Regional Economic Impact & Competition

Revival Gold's development projects are expected to have a significant economic impact on the regions where they are located, creating jobs and stimulating local economies. The Mercur project in Utah benefits from existing infrastructure and a streamlined permitting process due to its location on private claims. Similarly, the Beartrack-Arnett project in Idaho benefits from existing infrastructure from previous operators. While the company faces competition from other gold developers in the Great Basin region, its focus on large-scale, near-surface deposits and its experienced management team provide a competitive advantage. Companies like Liberty Gold, with its Black Pine project in Idaho, are also actively developing projects in the region, creating a dynamic and competitive landscape. The success of Revival Gold will depend on its ability to efficiently and effectively advance its projects through permitting, construction, and production.

“The gold sector is seeing increased activity in the Great Basin,” one observer noted. “Companies that can deliver on their projects will be rewarded.”