Powermax Minerals Appoints Paul Gorman as CEO and Board Member

Powermax Minerals has appointed Paul Gorman as its new Chief Executive Officer and board member, replacing Aadam Tejpar. Gorman has over 25 years of experience in junior mining finance, public listings, and operational leadership. The Company also thanks Michael Malana for his service as CEO and looks forward to his continued contributions to the Board of Directors.

Vancouver, British Columbia — Powermax Minerals Inc. (CSE: PMAX), a Canadian mineral exploration company focused on advancing rare earth element projects, has appointed Paul Gorman as its new Chief Executive Officer (CEO) and board member, effective immediately. Gorman replaces Aadam Tejpar on the board, with the company expressing gratitude for Tejpar's service. The appointment comes as Powermax continues to expand its portfolio and explore new opportunities in the rare earth element sector.

Gorman brings over 25 years of experience in junior mining finance, public listings, and operational leadership. He served as President and Managing Partner of Riverbank Capital for 18 years, where he successfully raised over $85 million in capital and played a key role in the revitalization of the junior graphite space in North America. He has also served as CEO for several other companies, including Mega Graphite Inc. [1].

The company also thanked Michael Malana for his service as CEO and looks forward to his continued contributions to the board of directors. Malana will continue to provide strategic guidance as the company navigates its growth trajectory.

Powermax holds an option to acquire the Cameron REE Property in British Columbia and the Atikokan REE Property in Ontario, adding to its portfolio of exploration projects. The appointment of Gorman is expected to bring a strategic and operational focus to the company's efforts to advance these projects and secure new financing opportunities.

As Powermax continues to grow, it will be crucial to monitor the company's progress and the impact of the new leadership on its financial performance and operational efficiency. Investors should review the company's filings for more detailed information [2].

References:
[1] https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3393-cse/pmax/185932-powermax-minerals-appoints-mr-paul-gorman-as-chief-executive-officer-and-board-member.html
[2] https://www.proactiveinvestors.com.au/companies/news/1077080/genesis-minerals-posts-strong-fy25-profit-surge-flags-higher-output-for-fy26-1077080.html