09:53 AM EDT, 09/29/2025 (MT Newswires) -- Maxus Mining (MAXM.CN) over the weekend said it entered into a Mineral Claims Purchase Agreement dated Sept. 26, 2025 with John Nick Bakus an arms-length third party, to acquire a 100% interest in the Beveley Property in northern British Columbia, Canada, through a cash payment of C$10,000.
The property includes two mineral claims comprising 108 hectares within the boundaries of the company's Quarry Project.
The company said that the strategic acquisition allows for "consolidation of the Quarry Project area highlighted by the addition of known critical metal mineralization and a historical NI 43-101 non-compliant mineral resource."
Maxus Mining said that with the addition of the property, its property portfolio now covers 15,098 hectares of prospective land across three antimony projects totalling 8,920 hectares, the Lotto Tungsten Project totalling 3,054 hectares, and an additional 3,123 hectares of land on the Penny Copper Project.
"The acquisition of the Beveley Property represents an exciting addition to our portfolio in British Columbia," said Maxus Mining's chief executive officer Scott Walters. "Historic work has outlined a large, mineralized footprint with strong lead-zinc-silver potential, and we believe modern exploration techniques can unlock further value. Our team is eager to advance this Property and build on the foundation established by previous operators."
Shares of the company were last seen up 1.1% at $0.88 on the Canadian Securities Exchange.
Price: 0.88, Change: +0.01, Percent Change: +1.15