---
title: "Max Power says Sprott holds 19.5% stake, rising to 30.5% on warrant exercise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296615080.md"
description: "Max Power Mining shareholders approved a resolution designating Eric Sprott as a control person with 99.92% support, granting him greater flexibility to increase his stake. Sprott currently controls approximately 19.5% of shares outstanding and holds warrants that would raise his ownership to about 30.5% if exercised."
datetime: "2026-08-21T12:01:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296615080.md)
  - [en](https://longbridge.com/en/news/296615080.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296615080.md)
generator: "portal-rs"
---

# Max Power says Sprott holds 19.5% stake, rising to 30.5% on warrant exercise

-   Disinterested shareholders backed a resolution designating Eric Sprott as a control person, with 99.92% of votes cast in favor. \* The decision gives Sprott greater flexibility to increase his ownership stake. \* Sprott indirectly controls 34,984,979 shares, equal to about 19.5% of shares outstanding on a non-diluted basis. \* He also holds 28,638,548 warrants, lifting his stake to about 30.5% on a partially diluted basis if exercised. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Max Power Mining Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608210800PRIMZONECNPR\_\_\_\_9814030) on August 21, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**