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Powermax Announces Completion of Acquisition of a 100% Interest in the Ogden Bear Lodge REE Project in Crook County, Wyoming
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - Powermax Minerals Inc. (CSE: PMAX) ("Powermax" or the "Company") is pleased to announce today that it has completed the acquisition of a 100% interest in the Ogden Bear Lodge REE Project in Crook County, Wyoming (the "Property") from 1357508 BC LTD. ("1357508") via the purchase from 1357508 of all of the shares of its formerly wholly-owned subsidiary, Goldenears Exploration Corp., pursuant to the terms of a share purchase...
About this update from Powermax Minerals, Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - Powermax Minerals Inc. (CSE: PMAX) ("Powermax" or the "Company") is pleased to announce today that it has completed the acquisition of a 100% interest in the Ogden Bear Lodge REE Project in Crook County, Wyoming (the "Property") from 1357508 BC LTD. ("1357508") via the purchase from 1357508 of all of the shares of its formerly wholly-owned subsidiary, Goldenears Exploration Corp., pursuant to the terms of a share purchase agreement dated September 23, 2025 ("Purchase Agreement"), as previously announced in the press release dated September 29, 2025. The consideration paid by the Company under the Purchase Agreement consists of 250,000 common shares of Powermax.","length":785,"tagName":"p"},{"type":"text","content":"The Property is comprised of 22 federal unpatented lode mining claims totalling 184 hectares. The Property is strategically located in the Bear Lodge Mining District, located in Crook County in northeast Wyoming, an active mining region since the discovery of gold in 1875 near Warren Peak. Exploration activity in the district has historically targeted gold, rare earth elements (REEs), barium, copper, lead, zinc, manganese, niobium, tantalum, thorium, fluorine, and phosphate1.","length":480,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":550,"height":427,"url":"https://media.zenfs.com/en/newsfile_64/9cb7dfb1e4bb5e4656617acfc3ca4d6a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Pe6ZmkwR9Ot52vH2d9trgw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTc0NTtjZj13ZWJw/https://media.zenfs.com/en/newsfile_64/9cb7dfb1e4bb5e4656617acfc3ca4d6a","width":550,"height":427}},"href":"https://images.newsfilecorp.com/files/11633/269584_powermax%20figure%201.jpg","hrefExternal":true},{"type":"text","content":"Figure 1: Property Location Map of the Ogden Bear Lodge REE Project","length":67,"tagName":"p","attribs":{}},{"type":"text","content":"To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/11633/269584_powermax%20figure%201.jpg","length":135,"tagName":"p","attribs":{}},{"type":"text","content":"Most notably within the Bear Lodge Mining District is the Bear Lodge Critical Rare...