Sprott buying at MAX Resource (MXR)

Sprott buying at MAX Resource (:MXR)

Updated Tuesday Oct 27, 2020 02:54 AM EDT
Eric S. Sprott, a 10% Holder, acquired 8,000,000 Common Shares on an indirect ownership basis for registered holder 2176423 Ontario Ltd at a price of $0.240 through a prospectus or prospectus exempt offering on October 23rd, 2020. He also acquired 4,000,000 Warrants with an exercise price of $0.400 for 12 months. This represents a $1,920,000 net investment into the company's shares and an account share holdings change of greater than 100%.

MAX Resource is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Max Resource Corp. is engaged in the acquisition and exploration of mineral properties in Canada and the United States. The Company focuses on gold, silver and copper exploration in Nevada. The Company's exploration and evaluation assets include East Manhattan, Nevada, United States, and Majuba Hill, Nevada, United States. The Company entered into an agreement to acquire interests in the East Manhattan Wash (EMW) claims in the Manhattan Mining District, Nye County, Nevada. The EMW property consists of approximately 80 claims in an area of approximately 1,560 acres. The EMW property is located approximately 40 miles north of the town of Tonopah. At EMW, the Company's drilling is focused on a surface soil anomaly that was identified by soil sampling programs.


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