- MAX Power (MAXX) has shared a corporate update after the company’s shares began trading on the CSE on Wednesday
- Drill crews will be mobilizing to the Nicobat Property in early March
- Mr. Mark Scott, a mining industry veteran, has joined the company’s board of directors.
- MAX Power Mining Corp. is engaged in the acquisition, exploration, and evaluation of mineral properties
- MAX Power Mining Corp. (MAXX) is down 6.94 per cent on the day, trading at C$0.335 per share at 11:15 am EST
MAX Power (MAXX) has shared a corporate update following the company’s debut on the CSE earlier this week.
Highlights:
- Drill crews will be mobilizing to the Nicobat Property in early March to carry out a program that will test geophysical conductors potentially related to massive sulphide mineralization
- Due diligence is being carried out on multiple properties to potentially add another project to the company’s portfolio
- Mr. Mark Scott, who has a strong track record of success with both senior and junior mining companies, has joined the MAX Power Board of Directors.
Mr. Rav Mlait, CEO of MAX Power, commented,
“On behalf of the Board and the entire team at MAX Power, I’m very excited that we are now a publicly traded company on the CSE through a successful initial public offering (IPO) that raised $1.5 million. This is a significant milestone in the development of MAX Power after it was launched as a private exploration entity in early 2021. We have a dynamic retail shareholder base and a team dedicated to success both on the ground and in the market.”
Mr. Mlait continued,
“Our immediate focus is the under-explored Nicobat Project in Northwest Ontario’s Rainy River district, host to New Gold’s Rainy River gold mine. Our upcoming drill program will be targeting high-grade nickel-cobalt-copper-PGE mineralization based on geophysical conductors never previously tested at Nicobat.”
MAX Power is a dynamic exploration stage resource company currently engaged in the identification, acquisition and exploration of high-grade projects in mining-friendly jurisdictions. Its current focus is the Nicobat Project in Northwest Ontario’s Rainy River district that hosts New Gold’s Rainy River gold mine.
MAX Power Mining Corp. (MAXX) is down 6.94 per cent on the day, trading at C$0.335 per share at 11:15 am EST.
