VANCOUVER, British Columbia, May 16, 2024 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) reports that it closed the previously announced non-brokered private placement (originally announced on May 3, 2024 and increased on May 7, 2024). Pursuant to the offering (the “Offering”) the Company issued an aggregate of 9,745,744 units (the “Units”) at a price of $0.195 per Unit for gross proceeds to MAX Power of $1,900,420.