Austin, Texas, August 21st, 2026, FinanceWire
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 that disinterested shareholders overwhelmingly approved a resolution relating to the creation of Eric Sprott as a control person of the company at its Aug. 20, 2026, special meeting, with more than 99.92% of votes cast in favor. The approval gives Sprott greater flexibility to increase his ownership position in MAX Power. Sprott indirectly owns and controls 34,984,979 common shares and 28,638,548 common share purchase warrants, representing approximately 19.5% of outstanding shares on a non-diluted basis and approximately 30.5% on a partially diluted basis assuming exercise of the warrants.
To view the full press release, visit https://ibn.fm/7P7D5
About MAX Power
MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The Company’s Lawson Discovery near Central Butte, Saskatchewan, represents Canada’s first-ever subsurface Natural Hydrogen system confirmed through deep drilling with data validated by three independent labs. MAX Power has built dominant district-scale land positions across Saskatchewan with approximately 1.3 million acres (521,000 hectares) of permits covering prime exploration ground prospective for large-volume accumulations of Natural Hydrogen. MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona, 100%-owned by MAX Power’s U.S. subsidiary. MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.
NOTE TO INVESTORS: The latest news and updates relating to MAXXF are available in the company’s newsroom at https://ibn.fm/MAXXF
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