Several Scandinavian GameStop sites appear to have listed Red Faction: Guerrilla for release on PlayStation 4 and Xbox One. GameStop Norway, Sweden, Denmark, and Finland were listed in a report from Gematsu accompanying a relatively generic description of the game we already know from 2009.
What’s unclear about the listing is whether it is referring to a port or a remaster. However, given the fact that the original Red Faction and its direct sequel have both been ported to PS4, the smart bet would seem to be on the former. That said there is good money in remasters these days, and publisher THQ Nordic is known for re-releasing their old games in one form or another.
THQ Nordic has neither confirmed nor denied the existence of the Red Faction: Guerrilla re-release for PS4 and Xbox One, but as far as rumors go, this one seems pretty plausible on the surface.