• Powermax Minerals plans a share consolidation of up to six existing shares into one following completion of its rights offering.
• The final consolidation ratio may be lower. No fractional shares will be issued.
• The rights offering is expected to close on or before November 17, 2026.

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. Powermax Minerals Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610152252NEWSFILECNPR____20261015_319319_1) on October 16, 2026, and is solely responsible for the information contained therein.