Max Power Mining talks working session with PTRC

Executive Summary

• Max Power Mining Corp. is advancing its natural hydrogen exploration through a technical collaboration with the Petroleum Technology Research Center (PTRC), University of Regina, and Colorado School of Mines, including a working session and a field trip to the Lawson drill site in Saskatchewan.
• The collaboration aims to leverage advanced analytical facilities and expertise in subsurface geology and reservoir characterization to derisk the exploration strategy and accelerate commercialization timelines.
• Concurrently, the company announced it raised $1.74 million through the exercise of warrants between September 15 and November 5, 2025.

Key Details

• Technical Collaboration:
  • Partners: Petroleum Technology Research Center (PTRC), University of Regina (U of R), Saskatchewan Geological Survey, and Colorado School of Mines (including Dr. Yaoguo Li).
  • Activities: A working session held on November 10, 2025, at the U of R Innovation Center, followed by a field trip to the Lawson drill site on November 11, 2025.
  • Objectives: Confirm the current state of knowledge regarding naturally occurring hydrogen systems in Saskatchewan and investigate joint research fields to advance global natural hydrogen knowledge.
  • Benefits: Access to PTRC/U of R state-of-the-art analytical laboratory facilities, expertise in subsurface geology, reservoir characterization, gas analytics, drilling/completions design, and commercialization strategies.
  • Strategic Goal: Form "Team Saskatchewan" as global leaders in the emerging natural hydrogen sector and co-develop low-emission energy technologies.
• Drilling Operations:
  • Max Power has commenced Canada's first-ever natural hydrogen drill program near Central Butte, Saskatchewan.
  • The drill site is located on the 475-kilometre-long Genesis trend.
• Financing (Warrant Exercises):
  • Period: September 15, 2025, through November 5, 2025.
  • Total Proceeds: $1,742,625.
  • Shares Issued: 5,757,917 shares.
  • Mechanism: Exercise of warrants.
• Company Context:
  • Max Power holds approximately 1.3 million acres (521,000 hectares) of permits in Saskatchewan for natural hydrogen exploration.
  • The company also holds critical mineral properties, including a 2024 diamond drilling discovery at the Willcox Playa lithium project in Arizona.

Notable Quotes

• Mansoor Jan, CEO: "To have these natural hydrogen experts gathered in one room and then at the drill site, including Dr. Li and other researchers from the Colorado School of Mines, is another example of Max Power's sector leadership. This collaborative effort will further accelerate the timeline to bring natural hydrogen to the commercialization stage."