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Powermax Announces Plans for Phase 1 Exploration Program for the Pinard Project
Newsfile· 2025-12-05 11:00
Core Insights - Powermax Minerals Inc. has announced a Phase 1 exploration program for the Pinard Project, aimed at integrating historical data with new fieldwork to enhance target generation and prioritize areas for further exploration [1][12]. Project Overview - The Pinard REE Property is located in northern Ontario, Canada, approximately 70 km north-northeast of Kapuskasing, covering 5178 hectares through 255 contiguous mining claims, accessible via an all-weather road [2]. - The Pinard Intrusive Complex is characterized as an alkalic to peralkalic igneous body, sharing tectonomagmatic similarities with the nearby Clay-Howells Alkaline Complex, which hosts a known niobium-REE mineralized system [3]. Phase 1 Program Components - The Phase 1 program will include: - Desktop Data Compilation & GIS Modeling to refine exploration targets using advanced spatial analysis and radiometric interpretation techniques [4][7]. - Field Prospecting & Geological Mapping to identify and characterize pegmatite zones and mineralized structures [8]. - Multi-media Geochemical Sampling to vector toward areas of potential mineralization [9]. - Radiometric Surveys using handheld scintillometers to detect radiometric anomalies [10]. - An Airborne Geophysical Survey to identify structural trends and lithological boundaries [11]. Strategic Goals - The Phase 1 program is designed to rapidly advance the technical understanding of the Project by combining historical datasets with modern exploration techniques, allowing for efficient identification and prioritization of high-quality targets for follow-up work [12]. Company Background - Powermax Minerals Inc. is focused on advancing rare earth element projects and holds options for multiple properties, including the Cameron REE Property in British Columbia and the Atikokan REE Property in NW Ontario, in addition to the Pinard REE Property [14].
美股异动丨开心汽车涨33.87%,为涨幅最大的中概股
Ge Long Hui· 2025-12-04 00:43
| 代码 | 名称 | 最新价 | 涨跌幅√ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | KXIN | 开心汽车 | 4.150 | 33.87% | +1.050 | 5756.14万 | | PMAX | 安林财经印刷 | 2.850 | 25.55% | +0.580 | 7194.57万 | | YXT | 云学堂 | 0.9730 | 14.00% | +0.1195 | 3.68万 | | GRAN | 均富资本 | 2.290 | 13.37% | +0.270 | 1.73万 | | ટો | 思享无限 | 0.6200 | 12.73% | +0.0700 | 1.48万 | 中概股收盘涨幅居前的个股为:开心汽车涨33.87%,安林财经印刷涨25.55%,均富资本涨13.37%,思 享无限涨12.73%。(格隆汇) ...
美股异动丨波奇宠物涨41.54%,为涨幅最大的中概股
Ge Long Hui· 2025-12-03 00:40
Group 1 - The core point of the article highlights the significant stock price increases of several Chinese concept stocks, with notable gains in specific companies [1] Group 2 - BQ (波奇宠物) saw a price increase of 41.54%, closing at 2.760 with a trading volume of 90.9233 million [1] - TAOP (淘屏) experienced a rise of 32.71%, closing at 2.840 with a trading volume of 62.272 million [1] - PMAX (安林财经印刷) increased by 29.71%, closing at 2.270 with a trading volume of 28.241 million [1] - AIHS (森淼科技) rose by 18.49%, closing at 1.410 with a trading volume of 0.0964 million [1] - LOT (路特斯) had a gain of 17.19%, closing at 1.500 with a trading volume of 0.3482 million [1]
Powermax Minerals Announces Closing of $3M Private Placement Offerings
Newsfile· 2025-11-28 21:15
Core Points - Powermax Minerals Inc. has completed two non-brokered private placement offerings, raising a total of $3,000,000 in gross proceeds [1][2]. Group 1: Non-FT Private Placement - The Non-FT Private Placement consisted of 1,643,947 units priced at $0.76 each, generating gross proceeds of $1,249,400 [1]. - Each Non-FT Unit includes one common share and one share purchase warrant, with the warrant allowing the purchase of one share at $0.95 for 36 months [1]. Group 2: FT Private Placement - The FT Private Placement involved 1,945,000 flow-through units priced at $0.90 each, resulting in gross proceeds of $1,750,500 [2]. - Each FT Unit consists of one flow-through share and one non-flow-through share purchase warrant, with the warrant allowing the purchase of one share at $1.10 for 24 months [2][3]. Group 3: Use of Proceeds - Proceeds from the Non-FT Units will be used for general working capital and exploration work on mineral projects in British Columbia and Ontario [5]. - Proceeds from the FT Units are designated for Canadian exploration expenses qualifying as flow-through mining expenditures [5]. Group 4: Finder's Fees - The company paid $164,994 in finder's fees and issued 195,600 finder's warrants, each exercisable into one share at $0.95 for 36 months [4]. Group 5: Company Overview - Powermax Minerals Inc. is focused on advancing rare earth element projects and holds options for mineral claims in British Columbia and Ontario [8].
Powermax Announces Amendment to Warrant Term for Non Flow-Through Private Placement
Newsfile· 2025-11-25 01:30
Core Points - Powermax Minerals Inc. has amended the exercise period of its warrants from 24 months to 36 months at an exercise price of $0.95 per share [1] - The private placement units are being offered at a price of $0.76 per unit, with all other terms remaining unchanged from the previous announcement [1] Company Overview - Powermax Minerals Inc. is a Canadian mineral exploration company focused on rare earth element projects [3] - The company holds an option to acquire the Cameron REE Property, which consists of three mineral claims totaling approximately 2,984 hectares in British Columbia [3] - Additionally, Powermax has an option to acquire the Atikokan REE Property, comprising 455 unpatented mining claims in Northwestern Ontario, and owns a 100% interest in the Ogden Bear Lodge Project located in Crook County, Wyoming [3]
Powermax Provides Summary of Exchange Listings in North America and Europe and Provides Further Updates
Newsfile· 2025-11-18 00:30
Core Insights - Powermax Minerals Inc. has successfully completed listings on multiple international stock exchanges, enhancing its global visibility and accessibility to investors [1][3] - The primary listing remains on the Canadian Securities Exchange (CSE) under the ticker symbol PMAX, with additional listings on the OTCQB Venture Market in the U.S. under PWMXF, and various German exchanges [2][8] - The company aims to build a diversified global shareholder base and increase awareness among retail and institutional investors in North America and Europe [4] Company Updates - Powermax has engaged RedChip Companies Inc. for a 14-day marketing campaign, which will include a 30-second TV advertisement airing 40 times on Fox Business and CNBC [5][6] - The marketing services agreement with RedChip involves a one-time fee of USD $85,000, with no securities issued as compensation [6] - Additionally, Powermax has contracted InvestorBrandNetwork for a 12-month term starting November 15, 2025, for a total consideration of USD $125,000, focusing on corporate communications and media distribution [9][10] Business Focus - Powermax Minerals Inc. is focused on advancing rare earth element projects, holding options to acquire the Cameron REE Property and the Atikokan REE Property, as well as owning the Ogden Bear Lodge Project [11]
Morning Market Movers: PMAX, STI, GWH, ACON See Big Swings
RTTNews· 2025-10-13 12:09
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Powell Max Limited (PMAX) increased by 115% to $5.59 - Solidion Technology, Inc. (STI) rose by 102% to $11.14 - ESS Tech, Inc. (GWH) saw a 44% increase to $6.11 - Aclarion, Inc. (ACON) gained 27% reaching $10.98 - Mannatech, Incorporated (MTEX) was up 20% at $10.80 - USA Rare Earth, Inc. (USAR) increased by 19% to $38.80 - Critical Metals Corp. (CRML) rose by 18% to $17.73 - United States Antimony Corporation (UAMY) gained 13% to $13.86 - Compass Diversified (CODI) increased by 12% to $9.46 - Forward Industries, Inc. (FORD) was up 11% at $22.69 [3] Premarket Losers - Yunhong Green CTI Ltd. (YHGJ) decreased by 24% to $7.00 - Kentucky First Federal Bancorp (KFFB) fell by 22% to $2.85 - One and One Green Technologies, Inc. (YDDL) dropped 20% to $5.23 - Safe & Green Holdings Corp. (SGBX) declined by 15% to $5.25 - Lazydays Holdings, Inc. (GORV) was down 14% at $2.12 - Acurx Pharmaceuticals, Inc. (ACXP) decreased by 10% to $6.69 - Top KingWin Ltd (WAI) fell by 10% to $3.82 - Super League Enterprise, Inc. (SLE) dropped 10% to $3.75 - Chanson International Holding (CHSN) decreased by 10% to $2.28 - Alaunos Therapeutics, Inc. (TCRT) was down 5% at $3.28 [4]
Powell Max Limited Announces First Half 2025 Unaudited Financial Results
Globenewswire· 2025-09-23 11:35
Core Viewpoint - Powell Max Limited reported a significant increase in net loss for the six months ended June 30, 2025, primarily due to rising general and administrative expenses and selling and distribution expenses, despite a modest revenue growth of 5.3% compared to the same period in 2024 [5][9]. Financial Performance - Revenue increased by 5.3% from HK$22.7 million for the six months ended June 30, 2024, to HK$23.9 million (US$3.1 million) for the same period in 2025, driven by HK$1.5 million (US$0.2 million) revenue from Miracle Media following its acquisition [2]. - General and administrative expenses surged by 4.9 times from HK$6.0 million in 2024 to HK$29.4 million (US$3.8 million) in 2025, attributed to increased staffing and expenses related to the acquisition of Miracle Media, issuance expenses, and higher professional fees [3]. - Selling and distribution expenses rose by 10.0% from HK$3.0 million in 2024 to HK$3.3 million (US$0.4 million) in 2025, mainly due to an expanded sales team and increased business development and marketing costs [4]. - The net loss for the period ended June 30, 2025, was HK$20.4 million (US$2.6 million), a stark contrast to the net profit of HK$0.8 million in the same period of 2024 [5][9]. - Basic and diluted loss per share was HK$1.07 (US$0.14) for the six months ended June 30, 2025, compared to a basic and diluted earnings per share of HK$0.06 for the same period in 2024 [6]. Company Overview - Powell Max Limited is a financial communications services provider based in Hong Kong, offering a range of services that support capital market compliance and transaction needs for corporate clients [7]. - The company operates through its subsidiaries, JAN Financial Press Limited and Miracle Media, with its financial reporting conducted in Hong Kong dollars [8].
Powell Max Limited(PMAX) - 2024 Q4 - Annual Report
2025-04-28 20:46
Revenue Performance - Total revenue for the year ended December 31, 2023, was HK$49,121,839, representing a 30.0% increase from HK$37,772,821 in 2022[349] - Total revenue for the year ended December 31, 2024, decreased to HK$36,461,260 (approximately US$4,693,958), representing a 25.8% decrease from 2023[350] - Revenue from corporate financial communications services accounted for 79.7% of total revenue in 2023, down from 90.9% in 2022, while IPO financial printing services increased to 20.3% in 2023 from 9.1% in 2022[347] - Revenue from IPO financial printing services increased by 1.9 times to HK$9,988,560 in 2023 from HK$3,447,012 in 2022[353] - Revenue from IPO financial printing services decreased by 59.1% to HK$4,087,416 (US$526,207) in 2024 compared to 2023[354] Cost and Expenses - Cost of sales increased from HK$22,217,680 in 2022 to HK$25,238,821 in 2023, representing a 13.6% increase, primarily due to higher printing and translation costs[356] - Cost of sales decreased to HK$22,081,030 (US$2,842,673) in 2024, a 12.5% decrease from 2023, aligning with the decrease in total revenue[357] - General and administrative expenses increased by 1.3 times from approximately HK$10,862,255 in 2023 to HK$24,854,036 (US$3,199,665) in 2024, attributed to issuance expenses and professional services fees[372] - Selling and distribution expenses increased by 55.6% from approximately HK$4,530,134 in 2023 to HK$7,049,538 (US$907,545) in 2024, due to increased staffing and marketing expenses[387] - Translation costs decreased by 16.2% from approximately HK$9,484,376 in 2023 to HK$7,946,906 (US$1,023,070) in 2024, aligning with the decrease in total revenue[361] - Printing costs increased by 10.1% from approximately HK$4,920,419 in 2022 to HK$5,414,965 in 2023, driven by the successful completion of an IPO project[362] Profitability - Profit from operations for the year ended December 31, 2023, was HK$7,629,957, compared to a profit of HK$591,873 in 2022[344] - The company recorded a loss from operations of HK$16,058,998 for the year ended December 31, 2024[344] - Gross profit increased by 53.5% from approximately HK$15,555,141 in 2022 to HK$23,883,018 in 2023, with gross profit margin rising from 41.2% to 48.6%[367] - Gross profit decreased by 39.8% from approximately HK$23,883,018 in 2023 to HK$14,380,230 (US$1,851,285) in 2024, with gross profit margin falling to 39.4%[368] - Net profit for the year ended December 31, 2023 amounted to HK$7,079,243, while a net loss of HK$18,074,094 (US$2,326,826) is expected for 2024[400] Cash Flow and Financing - Cash and bank balances increased significantly from approximately HK$3,660,213 in 2023 to HK$42,222,014 (US$5,435,588) in 2024[402] - Net cash generated from operating activities was HK$7,112,687 in 2023, but net cash used in operating activities is projected to be HK$11,411,411 (US$1,469,086) in 2024[404] - The company generated net cash from financing activities of HK$51,177,252 (US$6,588,469) in 2024, primarily from the issuance of ordinary shares and convertible promissory notes[413] Liabilities and Capital Expenditures - Current liabilities were HK$37,029,852 in 2023, compared to HK$40,140,041 (US$5,167,557) in 2024, indicating a slight increase[402] - Capital expenditures were HK$466,834, HK$287,307, and HK$1,490,361 (US$191,866) for the years ended December 31, 2022, 2023, and 2024, respectively[416] Legal and Compliance - The Company is not currently involved in any material legal proceedings, investigations, or claims, but may face legal matters in the ordinary course of business[415] - The Company has no off-balance sheet arrangements that would affect its liquidity, capital resources, market risk support, or credit risk support[417] Accounting and Estimates - Significant accounting estimates include the allowance for expected credit loss of trade receivables and the fair value of embedded derivative liability on convertible promissory notes[421] - The estimates for expected credit loss are based on historical loss rates and future conditions affecting collectability[421] - The fair value of embedded derivative liability is estimated using a Monte Carlo simulation model, with key inputs including share price volatility and prevailing market interest rates[421] - Management cannot guarantee that accounting estimates will always be consistent with actual results, as actual results may differ from estimates[420] - The Company prepares its consolidated financial statements in conformity with International Financial Reporting Standards[420] - The Company does not have any research and development, patents, or licenses applicable at this time[418] Trends and Uncertainties - There are no known trends or uncertainties likely to materially affect net revenues, income, profitability, liquidity, or capital resources for the period from January 1, 2024, to December 31, 2024[419]
Powell Max Limited Announces 2024 Audited Financial Results
Globenewswire· 2025-04-28 20:15
Financial Performance - Revenue for the year ended December 31, 2024, decreased by 25.7% to HK$36.5 million (US$4.7 million) from HK$49.1 million in 2023, primarily due to declines in corporate financial communications and IPO financial printing services [2][8] - General and administrative expenses increased by 128% to HK$24.9 million (US$3.2 million) for the year ended December 31, 2024, compared to HK$10.9 million in 2023, driven by issuance expenses and higher professional services and employee benefits costs [3] - Selling and distribution expenses rose by 55.6% to HK$7.0 million (US$0.9 million) for the year ended December 31, 2024, from HK$4.5 million in 2023, attributed to an increase in sales team staff and business development expenses [4] - The net loss for the year ended December 31, 2024, was HK$18.1 million (US$2.3 million), a significant decline from a profit of HK$7.1 million in 2023 [5][8] - Basic and diluted loss per share was HK$1.37 (US$0.18) for the year ended December 31, 2024, compared to earnings per share of HK$0.56 in 2023 [5] Company Overview - Powell Max Limited is a financial communications services provider based in Hong Kong, offering a range of services including financial printing, corporate reporting, and language support for corporate clients [6] - The company serves both domestic and international companies listed in Hong Kong, as well as those seeking to list, along with their advisors [6] Financial Position - Total assets increased to HK$62.57 million (US$8.06 million) as of December 31, 2024, from HK$22.99 million in 2023 [11][12] - Current liabilities rose to HK$40.14 million (US$5.17 million) as of December 31, 2024, compared to HK$37.03 million in 2023 [12] - Total liabilities increased to HK$41.30 million (US$5.32 million) as of December 31, 2024, from HK$38.30 million in 2023 [12]