Maxus Mining Inc. Secures $354,300 CDN Through Warrant Exercises
VANCOUVER, British Columbia, June 16, 2025 (GLOBE NEWSWIRE) — Maxus Mining Inc. (CSE: MAXM | FRA: R7V) is excited to announce that investors have exercised an impressive 1,771,500 common share purchase warrants, generating a significant gross revenue of $354,300 during the period from May 16, 2025, to June 13, 2025.
Boosting Financial Strength
This influx of capital is a welcome enhancement to Maxus’s financial position. The funds obtained will be strategically allocated towards future exploration activities, potential project acquisitions, corporate development initiatives, and essential working capital.
Enter RMK Marketing: A Strategic Partnership
In a pivotal move for its marketing efforts, Maxus has signed an agreement with RMK Marketing Inc. (“RMK”) on June 16, 2025. This collaboration will begin with services outlined in the Agreement starting June 18, 2025, and is set to last for six months. RMK, an independent marketing agency located at 41 Lana Terrace, Mississauga, Ont., Canada, will bring a wealth of experience in coordinating and optimizing marketing actions.
Comprehensive Marketing Services
Under the terms of the agreement, RMK will provide a suite of essential services, including:
- Optimizing AdWords campaigns
- AdWords bidding strategies
- Project management for online marketing
- Creation and optimization of landing pages
The promotional activities are set to occur via Google, pushing Maxus further into the spotlight.
Investment Flexibility
For these services, Maxus will compensate RMK with a total of $250,000 and holds an option to expand the advertising budget up to $350,000 during the agreement’s term. The contract will conclude once the budget is exhausted or at the end of the designated time period. Notably, no securities will be issued to RMK as compensation.
Discovering Opportunities: About Maxus Mining Inc.
Maxus Mining Inc. (CSE: MAXM | FRA: R7V) is a dynamic mineral exploration company dedicated to locating, acquiring, and potentially developing economically viable mineral properties in prime jurisdictions. With a diverse portfolio, Maxus is focusing on approximately 7,244 hectares of promising terrain, which includes:
- 3,700 hectares across four antimony projects
- 3,120 hectares with the Penny Copper Project
- 422 hectares encompassing the Lotto Tungsten Project
Highlights from the Penny Copper Project
The Penny Copper Project spans roughly 3,122 hectares and boasts over a century of exploration activity. Recent work has included rock sampling and geological mapping, revealing noteworthy copper values in samples, such as:
- 1,046 ppm Cu (TK-17-149c)
- 1,808 ppm Cu (TK17-28)
- 2,388 ppm Cu (TK17-12)
A Focus on Strategic Locations
The Quarry Antimony Project, situated in well-established British Columbia, has historically displayed impressive results, including assays of:
- 0.89% g/t Au, 3.8% Cu, 0.34% Zn, 42.5% Pb, 0.65% g/t Ag, and 20% Sb
Similarly, past sampling at the Lotto Tungsten Project revealed a staggering 10.97% Wo3. Notably, both the Altura and Hurley Antimony Projects are positioned near significant discoveries, underscoring Maxus’s strategic approach to exploration.
The Road Ahead: Future Growth
As Maxus Mining Inc. continues its journey, the company remains committed to leveraging its growing portfolio and partnerships to unlock the full potential of its mineral exploration endeavors. For those interested in following Maxus’s progress, updates will be provided regularly through its corporate communications.
On Behalf of the Board of Directors,
Scott Walters
Chief Executive Officer, Director
+1 (778) 374-9699
[email protected]
Disclaimer for Forward-Looking Information
Certain statements in this release comprise forward-looking statements that involve risks and uncertainties. These statements include predictions regarding performance and future plans. Readers are cautioned that assumptions could prove incorrect and that actual results may vary from those projected.
The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.
