Financings Material +

Hampton Securities Limited Announces Closing of $20.5 Million Brokered LIFE Offering for Max Power Mining Corp

MAX Power Confirms Basin-Scale Hydrogen-Helium System at Bracken, Validating Repeatable Play Across Saskatchewan

By The Northwire Desk — AI Analysis Mar 25, 2026 · 11:13 MAXX · 1.23 Max Power Mining Corp.

Executive Summary

Bracken well successfully drilled to 2,600m, cased, and prepared for completion and flow testing in Q2 2026 following spring breakup
Intersected three zones of interest: two Natural Hydrogen-dominant intervals and one Helium-rich zone in Cambrian basal sands
Helium concentrations reached 8.7% with an average of 4.4%, confirming vertical stacking with the underlying hydrogen system
High-resolution 47 sq km 3D seismic survey over the Lawson Discovery and Genesis Trend completed ahead of schedule and under budget
Preliminary seismic interpretations expected within 2-3 weeks (late April 2026)
New "Lawson Southwest" target identified ~12 km from the original discovery, showing similar geophysical signatures and added to drill priority list
$20.5M equity raise (closed March 2026) fully funds Bracken completion, Lawson confirmatory well, additional seismic, and corporate development
CEO emphasizes basin-scale repeatability and alignment with Saskatchewan's proposed data centre corridor for future clean energy demand

Material Impact

The Bracken results represent a critical de-risking milestone by confirming that the Natural Hydrogen and Helium system is not isolated to the Lawson structural trap but extends to a stratigraphic trap 325 km away
Helium values averaging 4.4% with peaks of 8.7% are commercially significant and provide a valuable byproduct that can improve project economics
Completion of the 3D seismic ahead of schedule and under budget demonstrates operational discipline and accelerates the timeline for the mid-2026 Lawson confirmatory well
The news is in line with the company's stated exploration roadmap and the capital raise announced in March, but the actual assay and core results provide genuinely new, tangible validation of the basin-scale thesis
Market impact is positive as it transitions the project from a single-point discovery to a repeatable, district-scale exploration model, supporting higher valuation multiples for pre-revenue energy explorers

MAXX · Price

Company Overview

MAX Power Mining Corp. is a Canadian exploration company focused exclusively on Natural Hydrogen and Helium discovery and development
Flagship project: Genesis Trend and Grasslands Project in southern Saskatchewan, encompassing ~1.3 million permitted acres and 5.7 million acres under application
Key assets: Lawson Discovery (structural play), Bracken Well (stratigraphic play), and multiple high-priority targets including Lawson Southwest, Radville, and Lucky Lake
Proprietary AI-driven targeting platform: MAXX LEMI (Large Earth Model Integration) used to rank geological targets and scale exploration globally
U.S. subsidiary: Homeland Critical Minerals Corp. holds the Willcox Playa Lithium Project in Arizona, with a planned spin-out or strategic transaction under evaluation

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