Eric Sprott Announces Changes to His Holdings in Max Power Mining Corp

Core Viewpoint - Eric Sprott, through 2176423 Ontario Ltd., has acquired 600,500 common shares of Max Power Mining Corp., increasing his total ownership to approximately 9.8% of the outstanding shares on a non-diluted basis [1][2]. Group 1: Acquisition Details - The shares were purchased at a price of $0.8205 per share, totaling an aggregate consideration of $492,710.25 [1]. - Prior to this acquisition, Mr. Sprott owned 10,369,318 shares and 10,369,318 warrants, representing approximately 9.3% of the outstanding shares on a non-diluted basis [2]. - After the acquisition, Mr. Sprott's total holdings increased to 10,969,818 shares and 10,369,318 warrants, representing approximately 9.8% on a non-diluted basis and 17.5% on a partially-diluted basis [2]. Group 2: Investment Intentions - The shares were acquired for investment purposes, with a long-term view on the investment [3]. - Mr. Sprott may consider acquiring additional securities or selling existing ones depending on market conditions and other relevant factors [3].