Maxus Mining Announces Closing of Flow Through Private Placement

VANCOUVER, British Columbia, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. (“Maxus” or the “Company”) (CSE: MAXM | FRA: R7V), is pleased to announce the closing of its non-brokered private placement, announced October 29, 2025, for an aggregate of 2,364,091 flow-through shares of the Company (each, a “FT Share”) at a price of C$1.10 per FT Share for gross proceeds of C$2,600,500.10 (the “Offering”). The Company intends to use the proceeds from the Offering towards exploration on the Company’s project portfolio.