Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) Advances Rare Earths Portfolio with New Pinard Milestone, Expanded Targeting at AtikokanDecember 03, 2025 at 10:35 AM EST
Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising.
Powermax Minerals (CSE: PMAX) (OTCQB: PWMXF), a Canadian mineral exploration company, continued expanding its rare earth element (“REE”) exploration portfolio in November, completing its initial milestone payment and share issuance toward the acquisition of the Pinard Rare Earths Project in northern Ontario. The company confirmed the transaction in a November 13 update, marking progress on a multi-year option agreement that could ultimately give Powermax full ownership of the 5,178-hectare property (https://ibn.fm/0kvU7). Under the option terms, Powermax issued 160,000 common shares and paid $18,000 to the property optionors. Future payments include additional shares and cash totaling $90,000 over three years. The agreement includes a 1.5% net smelter royalty, with a buyback option allowing Powermax to reduce… NOTE TO INVESTORS: The latest news and updates relating to PWMXF are available in the company’s newsroom at https://ibn.fm/PWMXF About MiningNewsWire MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness. MNW is where breaking news, insightful content and actionable information converge. To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire MiningNewsWire is powered by IBN More NewsView More
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