Big Energy Joint Stock Company to Acquire Units of Max Power Corp.

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentHANOI, Vietnam, Dec. 17, 2025 (GLOBE NEWSWIRE) — Big Energy Joint Stock Company (the “Acquiror”) announces today that it has subscribed for 16,666,666 units (“Units”) of Max Power Mining Corp. (“Max Power”) (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) pursuant to a subscription agreement entered into between the Acquiror and Max Power (the “Subscription Agreement”). Each Unit consists of one (1) common share (“Common Share”) and one-half (1/2) common share purchase warrant (each whole warrant, a “Warrant”) in the capital of Max Power, at a price of C$0.30 per Unit, for aggregate gross proceeds of C$4,999,999.80, pursuant to a non-brokered private placement (the “Private Placement”).Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentArticle contentPrior to the completion of the Private Placement, the Acquiror did not directly or indirectly own or exercise control over any Common Shares or Warrants of Max Power. After the closing of the Private Placement, the Acquiror now owns and controls 16,666,666 Common Shares and 8,333,333 Warrants, representing approximately 13.95% of the issued and outstanding Common Shares on a non-diluted basis and 19.56% of the issued and outstanding Common Shares on a fully-diluted basis.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentThe Acquiror will acquire the Common Shares for investment purposes. The Acquiror may from time to time acquire additional Common Shares or Warrants of Max Power or dispose of some or all of the Common Shares or Warrants of Max Power that it owns at such time.Article contentAn early warning report will be filed by the Acquiror in accordance with applicable securities laws.Article contentAbout the AcquirorArticle contentThe Acquiror is a subsidiary of the Big Capital Joint Stock Company, a Vietnamese joint stock company under Business Registration License No. 0107793030, which focuses on producing, trading, investment, and consulting service- that dedicated for oil and gas business in Vietnam and worldwide.Article contentThe Acquiror’s head office is located at B020 The Manor Tower, Me Tri Street, Tu Liem Ward, Ha Noi, Vietnam, 10000. Max Power’s head office is located at Suite 2700, 1133 Melville Street, Vancouver, British Columbia, Canada V6E 4E5.Article contentFor further information, or to obtain a copy of the early warning report filed by the Acquiror in accordance with applicable securities laws, please contact:Article contentName:Title:Email:Telephone: Phung Khac HoanDirectorhoanpk@bitexco.com.vn+84 2437855588Article contentArticle contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Is a $2.75 million portfolio enough for Halifax empty nesters to retire early?

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Personal Finance World watches as Ottawa's bullish shift on LNG puts wind at the back of two major projects Oil & Gas Expect 'dramatically higher' oil prices in 2026, says Eric Nuttall Oil & Gas Garry Marr: How raiding your TFSA before the end of year could save you thousands Personal Finance The Federal Reserve’s rate cut was a clear signal to investors Investor