TORONTO, ON – June 1, 2026 – As a featured company in The Resource Vault, Revival Gold Inc. (TSX-V: RVG | OTC: RVLGF) continues to execute on its strategy of unlocking value for shareholders. Today, the company announced the sale of its 51% interest in the non-core Diamond Mountain phosphate project to Canadian Phosphate Ltd., generating immediate cash proceeds while retaining upside exposure to the critical minerals sector.

This strategic divestiture allows Revival Gold to maintain its laser focus on advancing its two flagship multi-million-ounce gold assets in the Western United States: the Mercur project in Utah and the Beartrack-Arnett project in Idaho.

Transaction Details

Pursuant to a property purchase agreement dated May 29, 2026, Revival Gold and Utah Minerals Resources LLC (UMR) will vend their respective 51% and 49% interests in Diamond Mountain to Canadian Phosphate, an ASX-listed company aiming to become a leading North American supplier of phosphate rock for fertilizer and Lithium Iron Phosphate (LFP) batteries.

“Revival Gold is focused on advancing our pipeline of U.S. gold projects,” said Hugh Agro, President & CEO of Revival Gold. “The sale of Diamond Mountain will generate immediate cash proceeds from a non-core asset while providing Revival Gold with ongoing exposure to Diamond Mountain’s critical mineral exploration and development upside.”

As consideration for its 51% interest, Revival Gold will receive:

•Immediate Cash and Shares: Upon closing, a cash payment of US$127,500 and 3,081,286 shares of Canadian Phosphate (valued at US$382,500 based on a deemed price of AUD$0.1743 per share).

•First Anniversary Payment: On or before the first anniversary of the agreement, a cash payment of US$255,000, which Revival Gold may elect to receive in Canadian Phosphate shares.

•Commercial Production Milestone: A cash payment of US$765,000 on or prior to the first anniversary of commercial production at Diamond Mountain (payable in cash or shares at Canadian Phosphate’s option).

The transaction is subject to customary closing conditions and regulatory approvals, including ASX and shareholder approval for Canadian Phosphate if required. Closing is expected in Q3 2026.

The Resource Vault Perspective

At The Resource Vault, we track a curated basket of high-quality small-cap resource companies with proven management and exceptional assets. Revival Gold perfectly fits this profile.

Trading at a market capitalization of approximately $200 million USD, Revival Gold offers investors leveraged exposure to roughly $2 billion in gold resources across two previously producing assets in top-tier jurisdictions. By monetizing a non-core asset like Diamond Mountain, management is demonstrating its commitment to capital discipline and its primary mandate: advancing its exceptional gold portfolio toward production.

For more information on Revival Gold and to view our comprehensive investment reports, visit the Revival Gold Company Page on The Resource Vault.

Qualified Persons

Technical information included in this release was reviewed and approved by Mr. John Meyer, P.Eng., a QP and Vice President, Engineering and Development for Revival Gold.

About Revival Gold Inc.

Revival Gold is one of the largest, pure gold mine developers in the United States. The Company is advancing development of the Mercur Gold Project in Utah and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. The Company is headquartered in Toronto, Canada, with its U.S. exploration and development office located in Salmon, Idaho.

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

This release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements in this release include, but are not limited to: closing of the Agreement and the timing thereof and the receipt of all necessary approvals to the Agreement. Forward-looking statements involve significant known and unknown risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. For a more detailed discussion of such risks and other factors, refer to the Company’s public filings available at www.sedarplus.ca.

Disclosure: The companies promoted on The Resource Vault have been disseminated on behalf of Equity Catalyst Partners, LLC. Equity Catalyst Partners, LLC has been engaged by these companies to provide marketing and investor relations services and is compensated by each company. This is not financial advice.

TORONTO, ON – June 1, 2026 – As a featured company in The Resource Vault, Revival Gold Inc. (TSX-V: RVG | OTC: RVLGF) continues to execute on its strategy of unlocking value for shareholders. Today, the company announced the sale of its 51% interest in the non-core Diamond Mountain phosphate project to Canadian Phosphate Ltd., generating immediate cash proceeds while retaining upside exposure to the critical minerals sector.

This strategic divestiture allows Revival Gold to maintain its laser focus on advancing its two flagship multi-million-ounce gold assets in the Western United States: the Mercur project in Utah and the Beartrack-Arnett project in Idaho.

Transaction Details

Pursuant to a property purchase agreement dated May 29, 2026, Revival Gold and Utah Minerals Resources LLC (UMR) will vend their respective 51% and 49% interests in Diamond Mountain to Canadian Phosphate, an ASX-listed company aiming to become a leading North American supplier of phosphate rock for fertilizer and Lithium Iron Phosphate (LFP) batteries.

“Revival Gold is focused on advancing our pipeline of U.S. gold projects,” said Hugh Agro, President & CEO of Revival Gold. “The sale of Diamond Mountain will generate immediate cash proceeds from a non-core asset while providing Revival Gold with ongoing exposure to Diamond Mountain’s critical mineral exploration and development upside.”

As consideration for its 51% interest, Revival Gold will receive:

•Immediate Cash and Shares: Upon closing, a cash payment of US$127,500 and 3,081,286 shares of Canadian Phosphate (valued at US$382,500 based on a deemed price of AUD$0.1743 per share).

•First Anniversary Payment: On or before the first anniversary of the agreement, a cash payment of US$255,000, which Revival Gold may elect to receive in Canadian Phosphate shares.

•Commercial Production Milestone: A cash payment of US$765,000 on or prior to the first anniversary of commercial production at Diamond Mountain (payable in cash or shares at Canadian Phosphate’s option).

The transaction is subject to customary closing conditions and regulatory approvals, including ASX and shareholder approval for Canadian Phosphate if required. Closing is expected in Q3 2026.

The Resource Vault Perspective

At The Resource Vault, we track a curated basket of high-quality small-cap resource companies with proven management and exceptional assets. Revival Gold perfectly fits this profile.

Trading at a market capitalization of approximately $200 million USD, Revival Gold offers investors leveraged exposure to roughly $2 billion in gold resources across two previously producing assets in top-tier jurisdictions. By monetizing a non-core asset like Diamond Mountain, management is demonstrating its commitment to capital discipline and its primary mandate: advancing its exceptional gold portfolio toward production.

For more information on Revival Gold and to view our comprehensive investment reports, visit the Revival Gold Company Page on The Resource Vault.

Qualified Persons

Technical information included in this release was reviewed and approved by Mr. John Meyer, P.Eng., a QP and Vice President, Engineering and Development for Revival Gold.

About Revival Gold Inc.

Revival Gold is one of the largest, pure gold mine developers in the United States. The Company is advancing development of the Mercur Gold Project in Utah and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. The Company is headquartered in Toronto, Canada, with its U.S. exploration and development office located in Salmon, Idaho.

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

This release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements in this release include, but are not limited to: closing of the Agreement and the timing thereof and the receipt of all necessary approvals to the Agreement. Forward-looking statements involve significant known and unknown risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. For a more detailed discussion of such risks and other factors, refer to the Company’s public filings available at www.sedarplus.ca.

Disclosure: The companies promoted on The Resource Vault have been disseminated on behalf of Equity Catalyst Partners, LLC. Equity Catalyst Partners, LLC has been engaged by these companies to provide marketing and investor relations services and is compensated by each company. This is not financial advice.