MiningNewsBreaks – MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) Closes C$20.5 Million Private Placement Led by 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 its previously announced private placement, raising approximately C$20.5 million in gross proceeds through the sale of 15,805,624 units at C$1.30 per unit, with Eric Sprott as lead investor and Hampton Securities Limited acting as lead agent and sole bookrunner. The company said proceeds will support ongoing evaluation and development of its Lawson Natural Hydrogen discovery in Saskatchewan, including analytical testing, resource modeling, seismic acquisition and additional drilling, alongside general corporate purposes, as it advances what management…