MAX Power Takes Natural Hydrogen Commercialization Vision to Washington, DC

• Big Energy (affiliate of Vietnam-based Bitexco) exercised warrants, generating ~$3.75M in gross proceeds and increasing its stake to just under 15% of issued shares.
• CEO Ran Narayanasamy will attend the Washington Energy Summit and led a business development delegation to Japan, meeting with JOGMEC, JERA, and JAPEX to promote the Lawson discovery and MAXX LEMI AI platform.
• Company announced an MOU with TerraVolt Energy, EcoTech Building Solutions, and Carbon Neutral Developments to evaluate natural hydrogen-powered AI data center infrastructure, including modular power and brine cooling integration.
• Lawson 3D seismic survey delineated a 14.2 sq km structural closure within the 28 sq km Lawson Complex. Helium concentrations average ~4.4%, peaking at 8.7%.
• GLJ Ltd engaged for independent reservoir evaluation, resource modeling, and reserve analysis.
• Tony Van Burgsteden appointed as CFO to oversee development planning and capital frameworks.

• The $3.75M warrant exercise is a routine capital injection mechanism. While it demonstrates continued strategic confidence, it does not alter the company's fundamental valuation or operational trajectory.
• The TerraVolt MOU is non-binding and forward-looking. It aligns with the broader AI power demand narrative but lacks definitive agreements, revenue guarantees, or execution timelines. MOUs in this sector frequently fail to materialize into binding contracts.
• The Japan and DC engagements are expected business development follow-ups to the May 29, 2026 $25M Sprott financing. They represent standard investor and government relations activities rather than material commercial milestones.
• Helium co-production adds economic optionality, but natural hydrogen remains an unproven commercial commodity. No large-scale, bankable production facilities exist globally, making revenue projections highly speculative.
• Overall, the news is incremental progress consistent with the company's previously announced "months to molecules" roadmap. It does not contain genuinely new, unexpected, or market-moving information.

• MAX Power Mining Corp. is a Canadian exploration company focused on natural hydrogen and critical minerals.
• Flagship: Lawson Natural Hydrogen Discovery and the 475-km Genesis Trend in Saskatchewan. Confirmed free-flowing hydrogen (up to 28.6%) and helium in multiple horizons.
• Secondary asset: Willcox Playa Lithium Project in Arizona (discovered 2024).
• Technology: MAXX LEMI AI platform for exploration targeting, integrating seismic, drilling, and legacy data.
• Land position: ~1.3M acres permitted, 5.7M acres under application across Saskatchewan.