CORRECTION FROM SOURCE: Powermax Minerals Appoints New Chief Financial Officer and Provides Further Updates

Core Points - Powermax Minerals Inc. has appointed Mr. Kyle Nazareth as the new Chief Financial Officer effective October 10, 2025, succeeding Reena Sall [2][4][3] - The company's common shares began trading on the OTCQB market under the ticker symbol "PWMXF" as of October 9, 2025, enhancing visibility to U.S. investors [5][6] - Powermax has engaged Independent Trading Group, Inc. as a market maker to improve liquidity and trading experience for its shares on the Canadian Securities Exchange [7][9] - The company has contracted Euro Digital Media Ltd. for marketing services for up to six months, with a budget of USD $500,000 [11][13] Company Updates - Mr. Nazareth brings over a decade of experience in managing public companies and capital market transactions [3] - The OTCQB listing is seen as a significant milestone for Powermax, reflecting its commitment to transparency and growth [6] - ITG will provide market-making services for a monthly fee of CDN $5,500, with no shares or options as compensation [9][10] - Euro Digital will conduct various marketing activities, including online campaigns and keyword optimization, to promote the company's business [12] Company Background - Powermax Minerals Inc. is focused on advancing rare earth element projects, holding options for properties in British Columbia and Ontario, and owning a 100% interest in a project in Wyoming [14]