Powell Max shares surge 28.89% premarket after identifying high-priority REE exploration targets at Atikokan Property.

Powell Max Limited surged 28.89% in premarket trading following the announcement that it has identified multiple high-priority rare earth element (REE) exploration targets at its Atikokan property, based on helicopter-borne geophysical survey data. This development highlights the company's potential to advance its exploration projects, which could enhance its resource base and attract investor interest in its REE initiatives.