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Max Power Mining Corp

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MAX Power was first-mover in Natural Hydrogen in Canada in mid-2024 and has expanded on that leadership with an important breakthrough in the targeting of the world’s first large-scale commercial discovery of this emerging new primary energy source.

Investor website: https://www.maxpowermining.com/

About

MAX Power was first-mover in Natural Hydrogen in Canada in mid-2024 and has expanded on that leadership with an important breakthrough in the targeting of the world’s first large-scale commercial discovery of this emerging new primary energy source. The company confirmed Canada’s first Natural Hydrogen subsurface system through drilling with the Lawson Discovery announced January 16, 2026. MAX Power owns the largest permitted land package in Canada for the exploration and development of Natural Hydrogen – 2 million acres, and is well-funded for a multi-well drill program and other initiatives in 2026 after raising nearly $50 million (CDN) in 2026 through private placements and warrant exercises. The company’s largest investor is precious metal financier Eric Sprott.

Verified company data

Cash position
~ 184M
Shares outstanding
174690287
Fully diluted shares
237638497
Mineral resource
MAX Power is pursuing the world’s first large-scale commercialization of Natural Hydrogen after confirming Canada’s first subsurface Natural Hydrogen system near Central Butte, Saskatchewan. The Lawson 15-19 well, drilled specifically targeting Natural Hydrogen, confirmed a discovery with hydrogen concentrations up to 286,000 ppm (28.6% H₂) and evidence of a potentially large reservoir. The geological model indicates favorable conditions for hydrogen generation and migration along the 475-km-long Genesis Trend, which has identified over 80 early prospects for Natural Hydrogen.
Projects
["MAX POWER CONFIRMS CANADA’S FIRST NATURAL HYDROGEN DRILLING DISCOVERY ON FIRST WELL ON 475-KM-LONG GENESIS TREND: MAX Power is pursuing the world’s first large-scale commercialization of Natural Hydrogen after confirming Canada’s first subsurface Natural Hydrogen system near Central Butte, Saskatchewan, approximately 85 km northwest of Moose Jaw at the eastern edge of the Regina-Moose Jaw industrial Corridor. Lawson 15-19, the first-ever well drilled in Canada specifically targeting Natural Hydrogen, was confirmed as a discovery in a MAX Power news release on January 16, 2026. After a highly successful 3D seismic survey was completed in the early spring, revealing a 28 sq. km target area (the “Lawson Complex”), MAX Power has launched a multi-well drill program aimed at confirming commerciality. Lawson is located in the heart of the 475-km Genesis Trend where MAX Power’s geological team has identified dozens of Natural Hydrogen prospects, including the newly-acquired Aurora Project comprising 155,125 permitted acres adjoining Lawson and striking southeast toward the City of Moose Jaw.","Grasslands Project: Following its discovery at Lawson, MAX Power commenced drilling its second well in Saskatchewan in late February on its Grasslands Project near the Montana border. The “Bracken” target is located approximately 325 km southwest of Lawson in an area of the province where MAX Power’s geological team first identified a rare rock assemblage in the basement complex believed to be associated with Western Canada’s first known deep subsurface occurrence of Natural Hydrogen, ahead of the Lawson Discovery. First-ever drilling at Bracken in March 2026 was highly encouraging. An independent petrophysical evaluation by GLJ Ltd. identified multiple prospective Natural Hydrogen and helium zones across several geological formations at Bracken, providing further evidence supporting basin-scale continuity of Natural Hydrogen systems across Saskatchewan. Bracken is part of the 750 sq. km permitted Grasslands Project that had never previously been drilled for Natural Hydrogen or helium and is now viewed as a region with significant discovery potential.","Rider Project: MAX Power’s original Rider Project has been extended eastward to the Manitoba border to cover favorable geophysical anomalies and basement architecture/exotic terranes that tie in with MAX Power’s broader exploration requirements for Natural Hydrogen that prospective areas in terms of potential volume must exhibit clear opportunity for size, scalability and sustainability. The presence of deep-seated faults and structural features like domes and arches may have facilitated the upward migration of hydrogen, acting as conduits from the basement rocks into overlying formations where it may have accumulated.","Choiceland: MAX Power has acquired exploration permits covering a significant part of the Choiceland area of north-central Saskatchewan following receipt of a research report from a consulting geologist regarding the potential for generation of hydrogen in a 43-km belt of iron formations between Choiceland and Nipawin."]
Leadership
Mansoor Jan (CEO), Ryan Cheung (CFO, CPA, CA with extensive experience in financial oversight and a background in auditing junior mining and resource companies.), Neil McMillan (Director, former Chairman of Cameco with decades of experience in the investment industry, mining, and government.), Brent Dunlop (Director, skilled in resource engineering and investment management with a background as Senior Geologist at INCO and extensive experience in wealth management.)

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