Powermax Minerals Inc.’s (CSE: PMAX) (OTCQB: PWMXF) Option to Acquire Melba North Rare Earth Property Adds ‘Important Land Position’ to Adjacent Hopkins Property

Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising.

• Powermax Minerals, focused on rare earth element projects in North America, has entered into a three-year option agreement to acquire a 100% interest in the Melba North Property
• The property is underlain by the Clay-Howells Alkalic Rock Complex that is interpreted as a center characterized by LREE-dominant, magnetite-associated and carbonatite-related REE mineralization
• A 2025 assessment report on the Clay-Howells claim, which included claims listed on the Melba North option schedule, documented 49 samples that returned more than 0.17% total rare earth element oxides (“TREO”)
• The Melba North Property is adjacent to Powermax’s Hopkins REE property, where the company has, using a desktop study, identified priority areas for future field validation; however, mineralization continuity between the two sites has not yet been established

Powermax Minerals (CSE: PMAX) (OTCQB: PWMXF), a Canadian mineral exploration company focused on rare earth element projects in North America, recently entered into a three-year option agreement with Gravel Ridge Resources Ltd. and 1544230 Ontario Inc. The agreement grants Powermax an option to acquire a 100% interest in the Melba North property (https://ibn.fm/YvKri).

Located in the Clay-Howells townships area of northern Ontario, the Melba North Property is adjacent to Powermax’s Hopkins REE property. It consists of 10 unpatented mining claims comprising 160 cells and covering approximately 3,360 hectares. Both the Melba North and the Hopkins are underlain by the Clay-Howells Alkalic Rock Complex, a Late Precambrian alkalic…

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NOTE TO INVESTORS: The latest news and updates relating to PWMXF are available in the company’s newsroom at https://ibn.fm/PWMXF

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