Revolution Announces $7.5 Million Private Placement


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Revolution Resources Corp. (TSX:RV) ("Revolution") is pleased to announce that it has appointed Haywood Securities Inc. as its agent to sell, by private placement on a best efforts basis, up to 12,500,000 common shares of Revolution at a price of CDN$0.60 per common share for gross proceeds of up to CDN$7,500,000. Revolution intends to use the net proceeds from the offering to fund exploration activities at Revolution's Champion Hills gold project in North Carolina as well as for general working capital and other corporate purposes.

The Company has agreed to pay Haywood a cash fee equal to 6% of the gross proceeds from the offering. As additional compensation, Haywood will be issued agent's warrants entitling Haywood to purchase that number of common shares of the Company equal to 6% of the number of common shares sold under the offering at $0.80 per share exercisable for a period of twelve (12) months from the closing date of the offering.

The closing of this equity offering is expected to occur on or about February 4th, 2011 and is subject to receipt of all necessary regulatory approvals. The common shares issued with respect to this equity offering will be subject to a four month hold period in accordance with applicable Canadian securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold within the United States absent such registration or an applicable exemption from such registration requirements.

ON BEHALF OF THE BOARD

Aaron Keay, President, CEO and Director

Forward-Looking Statements: This news release may contain certain "forward-looking" statements and information relating to Revolution which are based on the beliefs of Revolution management, including the intended completion of an offering and the intended use of proceeds, as well as assumptions made by and information currently available to Revolution management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, the expected completion and timing of completion of an equity offering, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

Contact Information: Revolution Resources Corp.
Dylan Berg, Manager, Investor Relations
604.681.5672 (office) or 604.616.1182 (mobile)
604.681.5672 (FAX)
dylan@revolutionrc.com
or
Revolution Resources Corp.
Aaron Keay, President, CEO and Director
604.678.4024 (office) or 604.323.6911 (mobile)
aaron@revolutionrc.com
www.revolutionresourcecorp.com