- MAX Power Mining Corp. (MAXX) is actively reviewing opportunities to acquire or develop projects in the lithium industry
- The company is in the advanced stages of negotiations for specific projects
- MAX Power is well-financed and well-positioned to take the next steps
- MAX Power is an exploration-stage resource company
- Max Power Mining Corp. (MAXX) is up 9.80 per cent on the day, trading at C$0.56 per share at 12:30 pm ET
MAX Power Mining Corp. (MAXX) is actively reviewing opportunities to acquire or develop projects in the lithium industry.
This may include the acquisition of lithium properties and or technologies and processes related to lithium extraction. The company is in the advanced stages of negotiations for specific projects.
Mr. Rav Mlait, CEO of MAX Power, commented on the news.
“Lithium is a key ingredient in batteries, which are integral components of next-generation automobiles, airplanes, electronic devices and grid energy storage. There is a tremendous supply shortage and increasing demand reality that needs to be met over several years and beyond. We have undertaken a review of properties and technological processes that are of interest. MAX Power is well-financed and well-positioned to take the next steps as they may evolve.”
MAX Power is an exploration-stage resource company engaged in the acquisition and exploration of high-grade projects. 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 up 9.80 per cent on the day, trading at C$0.56 per share at 12:30 pm ET.