Max Power Mining Corp

OTC Pink - Current Information:MAXXFUnited StatesView on Canadian Exchange

MAX Power Arranges Targeted Strategic Private Placement To Raise Up To $1 Million

VANCOUVER, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) ("Max Power" or the "Company") announces a non-brokered private placement for a minimum of 3,825,000 units (the "Units") of the Company at a price of C$0.20 per Unit for aggregate gross proceeds to the Company of $765,000; and up to a maximum of 5,000,000 Units for aggregate gross proceeds of $1,000,000 (the "Offering") targeting strategic investors.

accidents and other risks associated with exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of drill program results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out its exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's Management's Discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.