MiningNewsBreaks – MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) Closes $25 Million Strategic Investment from Eric Sprott
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 the closing of a $25 million strategic non-brokered private placement with renowned resource investor Eric Sprott. The financing consisted of 12.5 million units priced at $2.00 per unit, with each unit comprising one common share and one warrant exercisable at $2.75 for a period of 24 months. The company said the financing increases its treasury to more than $40 million as it advances exploration and development activities focused on natural hydrogen opportunities across Saskatchewan, including follow-up drilling…