Maxus Mining, Inc.
0.42
CAD
-0.10
(-19.23%)
ISIN
CA57778V1013
CUSIP
57778V101
Return %
Stock
S&P 500
1Y
-62.50
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
CAD
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in mil. unless spec.Growth Rates
CAD
•
in mil. unless spec.Quarterly Revenue
CAD
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in mil. unless spec.Quarterly Earnings Per Share
CAD
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in mil. unless spec.Quarterly Dividends Per Share
CAD
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in mil. unless spec.Company Description
- CEO
- Scott R. Walters
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- Vancouver Canada
- IPO Date
- May 8, 2025
- Website
- maxusmining.com
- Similar Companies
- Business
- Maxus Mining Inc. is a Canada-based junior mineral exploration and development company focused on the identification, acquisition, exploration, and advancement of critical and base mineral properties in North America. Headquartered in Vancouver, British Columbia, and incorporated in April 2024, the company primarily targets deposits of critical and strategic minerals essential for advanced manufacturing, defense applications, and clean energy transition technologies, with primary commodity exposure to antimony, tungsten, copper, gold, and silver. Maxus Mining operates through the Metals and Mining industry sector and trades on the Canadian Securities Exchange under the ticker MAXM, on the OTCQB Venture Market under the ticker MXMGF, and on the Frankfurt Stock Exchange under the ticker R7V. The company's core asset portfolio comprises four principal exploration properties situated across prospective mining districts in British Columbia, Canada; the flagship Alturas Antimony Project, located on Dolly Varden Mountain in the Slocan Mining Division near New Denver, British Columbia, encompassing the Alturas West and Alturas East claim blocks and hosting the historic past-producing Alps-Alturas antimony mine; the Penny Copper Project, situated within the Fort Steele Mining Division near Kimberley, British Columbia, targeting volcanic- and sediment-hosted copper mineral systems in close proximity to the historic Sullivan Mine; the Lotto Tungsten Project, located in the Trail Creek Mining Division approximately 19 kilometers west-southwest of Castlegar, British Columbia, focused on intrusive-related and skarn-hosted tungsten mineralization; and the Hurley Antimony Project, situated in the Bridge River and Lillooet mining district of southern British Columbia adjacent to major regional structural trends, targeting high-grade antimony-gold-silver occurrences including the historic Stibnite prospect. Maxus Mining's operational services and exploration offerings include modern airborne geophysical exploration utilizing versatile time-domain electromagnetic (VTEM) and MobileMT survey systems; three-dimensional Maxwell plate geophysical modeling; surface geochemical sampling and soil surveys; systematic structural and lithological geological mapping; and diamond core drilling programs designed to test subsurface mineralized conductors and define National Instrument 43-101 compliant mineral resources. Maxus Mining has executed several significant corporate, operational, and strategic portfolio changes over the past two years to advance and consolidate its mineral project holdings. In March 2026, the company fulfilled all option obligations with Eminence Minerals Ltd. to earn a 100% undivided interest in the flagship Alturas West antimony property, consolidating control over the high-grade Alps-Alturas antimony mine area. In May 2026, the company completed earn-in requirements to secure a 100% ownership interest in the Penny Copper Project. In June 2026, Maxus expanded the land footprint of the Lotto Tungsten Project by approximately 27% through strategic claim acquisition prior to executing an expanded airborne VTEM geophysical survey. In September 2026, the company further expanded its Hurley Antimony Project by staking an additional 572 hectares at the Hurley West Block, securing direct tenure over the historic Stibnite (Lost Gold/Oro) prospect where historical surface sampling identified high-grade antimony, gold, and silver mineralization. Operationally, the company refined high-priority drill targets at Alturas West through computer-assisted Maxwell plate conductor modeling and mobilized its inaugural diamond drilling program on the property in late 2026. From a corporate and capital markets perspective, the company was initially incorporated on April 11, 2024, as 1475431 B.C. Ltd. before formally changing its corporate name to Maxus Mining Inc. on January 23, 2025. Maxus Mining completed its initial public listing on the Canadian Securities Exchange on May 8, 2025. In July 2025, the company closed a non-brokered private placement financing raising gross proceeds of approximately CAD 3.6 million through the issuance of 10,302,200 units at CAD 0.35 per unit to fund exploration work programs. In January 2026, the company bolstered its working capital treasury with approximately CAD 1.1 million generated through the exercise of 2,408,200 share purchase warrants. To expand its international shareholder base and trading liquidity, the company commenced trading on the OTCQB Venture Market under ticker MXMGF in February 2026 and obtained full electronic clearing and settlement eligibility through the Depository Trust Company (DTC) in the United States in June 2026.