- MAX Power Mining Corp. (MAXX) has completed its initial public offering for proceeds of $1.5M
- The company issued 6,000,000 shares priced at $0.25
- Net proceeds of the IPO will be used to fund exploration on the company’s Nicobat Property
- The company’s shares will begin trading on the CSE on February 16 under the symbol MAXX
- MAX Power Mining Corp. is engaged in the acquisition, exploration, and evaluation of mineral properties
MAX Power Mining (MAXX) has completed its initial public offering and its shares will begin trading on the CSE on February 16.
The company issued 6,000,000 shares at a price of $0.25 for gross proceeds of $1,500,000.
The net proceeds of the IPO will be used to fund exploration on the company’s Nicobat Property in northwestern Ontario.
Leede Jones Gable Inc. acted as the agent for the IPO.
Max Power has received approval to list its common shares on the Canadian Securities Exchange. The company’s shares will be listed for trading on the CSE on February 16, 2022, under the stock symbol MAXX.
MAX Power Mining Corp. is engaged in the acquisition, exploration, and evaluation of mineral properties. MAX Power holds licences to explore an area covering approximately 22 sq. km in northwestern Ontario’s Rainy River District.