🟢 Max Power Mining is trading 8% up today after closing $10 million placement with Eric Sprott

Max Power Mining is trading at CA$2.97, up 8.00%, after closing a $10 million strategic private placement with Eric Sprott.

• The August 17, 2026 confirmation said proceeds will fund Lawson Complex commercial-validation drilling.
• The financing issued 4 million units at CA$2.50, with warrants exercisable at CA$3.25; Sprott’s non-diluted ownership rises to approximately 19.5%.
• Bitcoin (+0.91%) and Ethereum (+1.00%) are modestly higher, but their gains do not explain the stock’s larger move; the financing announcement is the clearest catalyst.