Disseminated on behalf of MAX Power Mining Corp. (CSE: MAXX) (OTC: MAXXF) and may include paid advertising.
- The investment marks the first major investment by a Vietnam-based company into Saskatchewan’s emerging Natural Hydrogen sector.
- MAX Power Mining is among the first publicly traded companies in North America focused on commercial-scale Natural Hydrogen development.
- This funding round follows a series of other strategic moves by MAX Power aimed at positioning the company for success.
MAX Power Mining (CSE: MAXX) (OTC: MAXXF) has announced a significant financial milestone this week, revealing the successful closing of a $5 million non-brokered private placement with a leading Vietnamese energy conglomerate. This strategic move is expected to accelerate the company’s efforts to unlock Natural Hydrogen across its vast land position in Saskatchewan, one of Canada’s premier resource jurisdictions. This injection of capital not only provides fuel for exploration but also positions MAX Power Mining to deepen its role in developing one of the most promising frontiers in clean energy.
According to the company, the investment was made by Big Energy Joint Stock Company, an affiliate of Bitexco, marking the first major investment by a Vietnam-based company into Saskatchewan’s emerging Natural Hydrogen sector. The transaction, which closed at a price of C$0.30 per unit, saw the issuance of…
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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