Max Power expands natural hydrogen targets in Sask.

Mr. Mansoor Jan reports MAX POWER EXPANDS NATURAL HYDROGEN DISCOVERY POTENTIAL, 325 KM SW OF FIRST DRILLING ON GENESIS TREND Max Power Mining Corp. continues to expand the potential scale of natural hydrogen discoveries in Saskatchewan with the technical team identifying Bracken in the southwest corner of the province, 15 kilometres from the Montana border, as the company's first high-priority drill target area beyond the 200-kilometre-long Genesis trend. Highlights Bracken is located approximately 325 km southwest of Max Power's Lawson target, set to become the first-ever deep well in Canada dedicated to Natural Hydrogen with drilling under way on or about Nov. 7, 2025. Bracken is part of Max Power's Grasslands project, covering 120,000 permitted acres, and within a prospective mobile zone highlighted by a rare rock assemblage, proximity to known natural hydrogen and helium occurrences, and within a regional trap setting different than Lawson. Max Power will be acquiring proprietary new 2-D seismic data through a Bracken seismic program that has been laid out and approved and is anticipated to be shot during this fourth quarter. The Bracken seismic is in a pattern that will better image what is believed to be a highly significant basement structure. Seismic data will be interpreted with the goal of pinpointing an optimal drilling location as Max Power continues its multiwell test of concept drill program. Steve Halabura PGeo, Max Power chief geoscientist, commented: "Bracken and Lawson are equally compelling. At Lawson it's the regional salt barrier ('seal' and 'trap') that's key to that play concept, while Lawson also checks all the other boxes (source rocks, migration pathways, reservoirs) for a potential natural hydrogen accumulation. At Bracken we're looking at a different source rock assemblage based on airborne and gravity data, and the regional driver is not a salt barrier like at Lawson but the Val Marie Arch, a major structure that extends south into Montana. This is what makes the exploration for Natural Hydrogen so exciting and scales up the opportunity -- natural hydrogen discoveries can occur in different geological settings, just like gold and other metal deposits. Saskatchewan has so much ground that is still underexplored, which is why we have 1.3 million acres of permitted ground and another 5.7 million acres under application. Scalability and optionality are impressive." For geologists -- the rocks Max Power has strong scientific reasons for selecting Bracken as another important focus area in addition to Lawson and Lucky Lake on the Genesis trend. Within the mobile zone at Bracken are localized areas that display the geophysical character of low gravity -- the rocks are of lower density, and low magnetic response, meaning they feature reduced magnetic-prone iron. There are also areas that are the opposite, meaning higher density and significant magnetic response. This juxtaposition of geophysical properties is characteristic of exotic terranes formed during ancient mountain building processes. These exotic terranes commonly include hydrogen-prone mafic and ultramafic rocks, and in the case of the Bracken area this exotic terrane includes a rare intrusive rock called a carbonatite, which is associated with the proximal deep subsurface occurrence of natural hydrogen about 10 km to the northwest. Why this matters to investors The identification of Bracken marks a key inflection point for the company, reinforcing the scalability and regional continuity of its natural hydrogen model. With multiple high-priority targets defined across the province -- including the Lawson well on the flagship Genesis trend which will soon become Canada's first deep natural hydrogen test -- Max Power has evolved from a single-asset explorer into a platform for district-scale discovery potential. For investors, this development significantly expands the scope of opportunity. Saskatchewan's supportive regulatory environment, resource endowment and geological prospectivity, and growing alignment with national and global clean energy mandates create a uniquely favourable setting for natural hydrogen to move from exploration toward commercialization. As Max Power progresses its multiwell program, it continues to solidify its position as a global leader in what could become the most transformative clean energy development of the decade. National Instrument 43-101 QA/QC (quality assurance/quality control) and qualified person The technical information in this news release has been reviewed and approved by Steve Halabura, PGeo, FGC, FEC (honours), a qualified person as defined by National Instrument 43-101. Mr. Halabura is Max Power's chief geoscientist and has extensive experience in Saskatchewan's subsurface systems. About Max Power Mining Corp. Max Power is an innovative mineral exploration company focused on North America's shift to decarbonization. The company is a first mover in the rapidly growing natural hydrogen sector where it has built a dominant district-scale land position in Saskatchewan with approximately 1.3 million acres (521,000 hectares) of permits covering prime exploration ground prospective for large volume accumulations of natural hydrogen. Canada's first-ever deep well specifically targeting natural hydrogen will be drilled by Max Power at its Lawson target on the Genesis trend starting in early November, 2025. Max Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a 2024 diamond drilling discovery at the Willcox Playa lithium project in southeast Arizona. We seek Safe Harbor.