MAX Power Shareholders Approve Sprott Control Person Resolution

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Postmedia has not reviewed the content. by GlobeNewswire MAX Power Shareholders Approve Sprott Control Person ResolutionAuthor of the article:THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountREGINA, Saskatchewan, Aug. 21, 2026 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) (“MAX Power” or the “Company”) is pleased to announce the results of its Special Meeting of Shareholders (the “Meeting”) held on Thursday, August 20, 2026, at which disinterested shareholders overwhelmingly approved the resolution relating to the creation of Mr. Eric Sprott as a control person of the Company.More than 99.92% of the votes cast by disinterested shareholders at the Meeting were voted in favour of the resolution. The approval provides Mr. Sprott with greater flexibility to increase his ownership position in MAX Power.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againAs previously announced by the Company, Mr. Sprott indirectly owns and exercises control over 34,984,979 common shares and 28,638,548 common share purchase warrants, representing approximately 19.5% of the issued and outstanding common shares on a non-diluted basis and approximately 30.5% on a partially diluted basis, assuming exercise of the warrants. Additional information regarding the matters considered at the Meeting is contained in the Company’s management information circular dated June 30, 2026, which is available under the Company’s profile on SEDAR+.Stay Connected by Following Us OnX (formerly Twitter): x.com/MaxPowerMiningLinkedIn: linkedin.com/company/max-power-mining-corpInstagram: instagram.com/maxpowerminingcorpYouTube: youtube.com/@maxpowerminingcorpand by joining our Telegram channel: t.me/MaxpowerMiningFigure 1: Drilling at Lawson 3 Well, Genesis Trend (Aug. 2026)President Chad Levesque On Significance of Lawson https://youtu.be/wCeFQTKtOuIGenesis Explained: Its “Salt Barrier” Advantage and Proximity to Demandhttps://www.youtube.com/watch?v=3ytpHdve6S8The Genesis Trend’s Industrial Corridorhttps://youtube.com/shorts/IAgALH_s3mILawson – Canada’s First Big Step into Natural Hydrogenhttps://www.youtube.com/watch?v=lTTOwMxz_zoMAX Power Saskatchewan Natural Hydrogen Documentary Videohttps://www.youtube.com/watch?v=TXGDtTUbJ2cHistory in The Making at Lawson – Video Immediately Ahead of Drill Rig Setuphttps://www.youtube.com/watch?v=BNHazk9Sy4EMAX 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 2 million acres (~809,000 hectares) of permits covering prime exploration ground prospective for large-volume accumulations of Natural Hydrogen, and has commenced a multi-well follow-up drill program to validate the commerciality of the broader Lawson Complex interpreted to cover a 28 sq. km area along the 475-km Genesis Trend. MAX Power also holds a significant equity position in Homeland Critical Minerals, which now owns the Willcox Project in Arizona, a lithium discovery confirmed in early 2024 by MAX Power. MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.On behalf of the Board of Directors,Ran Narayanasamy, CEOMAX Power Mining Corp.info@maxpowermining.comFor further information, please contact:Chad Levesque, PresidentPh: 1-306-981-4753chad@maxpowermining.comSarah Mawji, Venture Strategiessarah@venturestrategies.comCautionary Statement and Forward-Looking InformationThis news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws (collectively, “forward-looking information”). Forward-looking information in this news release includes, but is not limited to, statements regarding the potential future participation by Mr. Sprott in financings of the Company, the potential exercise of warrants held by Mr. Sprott, the possibility that Mr. Sprott may become a control person of the Company, the Company’s future financing activities, and the Company’s exploration and development plans.Forward-looking information is based on management’s current expectations, estimates, projections, assumptions and beliefs and is subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. Such risks and uncertainties include, among others, the possibility that Mr. Sprott may not participate in future financings or exercise any or all of his warrants, changes in market conditions, the availability of financing, exploration and development risks, regulatory risks, commodity price fluctuations and other risks associated with the mineral exploration industry.Although the Company believes that the assumptions and expectations reflected in such forward-looking information are reasonable, there can be no assurance that such information will prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking information. Additional information regarding the risks and uncertainties applicable to the Company and its business is contained in the Company’s continuous disclosure filings available under the Company’s profile on SEDAR+. Readers are cautioned that the foregoing list of risks and uncertainties is not exhaustive. The Company undertakes no obligation to update or revise any forward-looking information, whether the result of new information, future events or otherwise, except as required by applicable securities laws.The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.Photos accompanying this announcement are available at:Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.