Eric Sprott Is Pouring Millions Of Dollars Into A Canadian Hydrogen Stock

Mentioned:

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Eric Sprott is doubling down on a natural hydrogen stock in Canada. But, why?

What’s happening:

MAX Power Mining (CSE: MAXX) has successfully raised $20.5M CAD in a new equity financing round

By the numbers:‍

MAX Power Mining issued approximately 15.8M common shares at $1.30 CAD per share as part of the new funding round

Why it matters:‍

Billionaire mining financier and entrepreneur Eric Sprott led MAX Power Mining’s new capital raise with an investment of $4.3M CAD

Going deeper:‍

MAX Power Mining just recently made waves when they confirmed a subsurface natural hydrogen system after successfully testing a well drilled near Central Butte, Saskatchewan that contained natural hydrogen of 286,000 parts per million and free flowing gas to the surface
Eric Sprott is one of the single largest investors in MAX Power Mining and also previously bought 600,500 common shares in the open market

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