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 Announces Amendment to Warrant Term for Non Flow-Through Private Placement