This article has been disseminated on behalf of MAX Power Mining and may include paid advertising.
MAX Power Mining (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) announced that Eric Sprott, through 2176423 Ontario Ltd., exercised 12,138,548 company warrants issued through several investments since August 2025, providing MAX Power with $6,004,216.22 in proceeds. Following the exercise completed Aug. 24, 2026, Sprott beneficially owns, directly or indirectly, 47,123,527 shares, representing approximately 24.35% of MAX Power’s 193,505,888 issued and outstanding common shares, and holds an additional 16.5 million warrants. CEO Ran Narayanasamy said the funds will further accelerate the company’s commercial validation drill program at the Lawson Complex, where MAX Power is delineating its Natural Hydrogen system.
MAX Power also announced that President and Director Chad Levesque will present at the Clean Energy & Metals Virtual Investor Conference on Aug. 27 from 1:30-2 p.m. ET. The live online event will include an opportunity for investors to ask questions in real time, with an archived webcast available following the event.
To view the full press release, visit https://ibn.fm/ceJqK
About MAX Power
MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The Company’s Lawson Discovery near Central Butte, Saskatchewan, represents Canada’s first-ever subsurface Natural Hydrogen system confirmed through deep drilling with data validated by three independent labs. MAX Power has built dominant district-scale land positions across Saskatchewan with approximately 1.3 million acres (521,000 hectares) of permits covering prime exploration ground prospective for large-volume accumulations of Natural Hydrogen. MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona, 100%-owned by MAX Power’s U.S. subsidiary. MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.
NOTE TO INVESTORS: The latest news and updates relating to MAXXF are available in the company’s newsroom at https://ibn.fm/MAXXF
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