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Max Power says Eric Sprott holds 19.5% stake after $10 million placement
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Max Power says Eric Sprott holds 19.5% stake after $10 million placement
  • Eric Sprott closed a CAD 10 million private placement in Max Power at CAD 2.5 per unit.
  • Post-deal, Sprott controls 34,984,979 shares, about 19.5% on a non-diluted basis.
  • He also holds 28,638,548 warrants, lifting control to about 30.5% on a partially diluted basis.
  • Shareholders vote Aug. 20, 2026 on a resolution to create Sprott as a control person.
  • Sprott agreed not to exercise warrants above a 19.9% stake until required approvals are obtained.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Max Power Mining Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608170700PRIMZONEFULLFEED9810968) on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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