Powermax Minerals Inc. is pleased to announce its plans for Phase 1 exploration program for its recently optioned Pinard Project . The Phase 1 program has been designed to integrate historical data with new fieldwork to advance target generation and prioritize areas for follow-up exploration. The Pinard REE Property is located in northern Ontario, Canada, roughly 70 km north-northeast of the town of Kapuskasing, and is [...]
Powermax Minerals Inc. wishes to announce a board change, effective immediately, Michael Nederhoff will join the board of directors replacing the Michael Malana. The Company wishes to thank Mr. Malana for his service. Michael Nederhoff has a diverse work experience spanning several industries. Michael is the Chief Operating Officer at Served With Honor. Prior to that, he ran his own independent agency called WiLRo [...]
Powermax Minerals is pleased to announce that it has completed a non-brokered private placement offering of 1,643,947 units of the Company at a price of $0.76 per Non-FT Unit, for aggregate gross proceeds of $1,249,400. Each Non-FT Unit consists of one common share of the Company and one Share purchase warrant, with each Warrant entitling the holder to purchase one Share at an exercise price of $0.95 for a period of 36 [...]
Powermax Minerals is pleased to announce the successful completion of its Phase 2 exploration field program at the Cameron Rare Earth Element Project. The program followed up on encouraging Phase 1 results that confirmed the presence of light and heavy rare earth mineralization within the Monashee Group lithologies, including pegmatitic and gneissic units enriched in REE-bearing minerals such as monazite, allanite, and [...]
Powermax Minerals announces, further to its news release dated Oct 15th, 2025, that it has amended the exercise period of the warrants which comprise the non flow-through units it is offering at a price of $0.76 per Unit. The Warrants will be exercisable to acquire one common share for a period of 36 months from their issue date at an exercise price of $0.95. All other terms of the Private Placement remain the same as [...]
Powermax Minerals is pleased to announce the successful completion of a high-resolution helicopter-borne magnetic and radiometric survey over its Atikokan Rare Earth Element Property located in northwestern Ontario. The survey was conducted by Geo Data Solutions GDS Inc. of Laval. Survey Overview The survey, comprised a total of 1,409 line-kilometres of high-resolution magnetic and gamma-ray spectrometric data [...]
Powermax Minerals is pleased to announce that it has successfully completed listings across multiple international stock exchanges, significantly expanding its global visibility and accessibility to investors. Powermax's primary listing remains on the Canadian Securities Exchange under the ticker symbol PMAX, where it continues to trade as a Canadian exploration-stage company focused on critical minerals. In addition, the [...]
Powermax Minerals Inc. is pleased to announce, further to its news release dated November 3rd, 2025 regarding its entry into an option agreement pursuant to which it may acquire a 100% interest in and to the Pinard Rare Earths project , subject to a 1.5% net smelter returns royalty , that the Company has issued 160,000 common shares and made an initial milestone payment of $18,000 to the Property optionors. Under the [...]
Powermax Minerals Inc. is pleased to announce the results of an integrated geoscientific interpretation completed on its Atikokan Rare Earth Element Property, located approximately 35 km northwest of Atikokan, Ontario. The study-conducted by Shahab Tavakoli, P.Geo., Geospatial Data Scientist and Geophysicist-integrates geological, geophysical, and geochemical datasets to delineate priority REE exploration targets across [...]
Powermax Minerals is pleased to announce that it has entered into an option agreement pursuant to which it may acquire a 100% interest in and to the Pinard Rare Earths project, subject to a 1.5% net smelter returns royalty. The mining claims and patents can be easily accessed by 4×4 pick-up truck using an all-weather access road. The Pinard Intrusive Rock Complex is an Alkaline igneous host with rocks ranging from [...]
Powermax Minerals is pleased to announce the commencement of its Phase 2 exploration program at the Cameron REE Project. Building on Encouraging Phase 1 Results: The Phase 2 program follows the results of Phase 1 exploration, which confirmed the presence of light and heavy rare earth element mineralization across the property. Highlights from Phase 1 included: Total REE values range from 17 ppm to 1,943 ppm. Heavy mineral [...]
Powermax Minerals is pleased to announce that it has commenced a high-resolution helicopter-borne magnetic and gamma-ray spectrometric survey over the Company's Atikokan REE Properties. Powermax has engaged Geo Data Solutions GDS of Laval, to conduct the survey. The program will cover approximately 1,388 line-km with 100 m traverse line spacing and 500-metre tie lines, utilizing an AS350 BA+ helicopter, a Geometrics [...]