Max Power hires drill contractor for Lawson well

Executive Summary

• Max Power Mining Corp. has selected a premier Saskatchewan-based drilling contractor to execute Canada's first dedicated deep natural hydrogen well at the Lawson target within the Genesis trend.
• Drilling is expected to commence on or about November 7, 2025, pending receipt of the Lawson well licence, using a teledouble rig over a three-week period.
• The company has entered into marketing and investor relations agreements with InvestorBrandNetwork (IBN) and Tafin GmbH to enhance awareness in North American and international markets.

Key Details

• Drilling Contractor Selection: Max Power selected a premier Saskatchewan-based contractor for the Lawson target, part of the 200-kilometre-long Genesis trend.
• Drilling Timeline: Commencement expected on or about Nov. 7, 2025, pending the Lawson well licence.
• Drilling Specifications:
  • Duration: Approximately three weeks.
  • Equipment: Powerful teledouble rig.
  • Crew: 24 personnel on two 12-hour shifts.
• Conference Presentation: Max Power will present at the H-Nat summit in Paris, France, from Nov. 13 to Nov. 14, 2025.
  • Presentation Title: "Trailblazing a New Natural Hydrogen Arena in Saskatchewan, Canada".
  • Focus: Geological and jurisdictional underpinnings of the largest permitted land package in Canada for natural hydrogen discovery.
• Marketing Agreements:
  • InvestorBrandNetwork (IBN):
    • Term: 3 months commencing Oct. 15, 2025.
    • Consideration: $114,000 (U.S.).
    • Services: Corporate communications and media distribution.
    • Status: Arm's length; no security interest.
  • Tafin GmbH:
    • Term: Initial 10 weeks commencing Oct. 17, 2025 (renewable).
    • Consideration: 150,000 euros, payable at start of term.
    • Services: Investor relations and marketing focused on the German investor market.
    • Status: Arm's length; no security interest.
• Land Position: Max Power holds Canada's largest permitted land package for natural hydrogen exploration (1.3 million acres) with an additional 5.7 million acres under application.
• Strategic Context: Transition from modelling to execution phase; collaboration with Saskatchewan's Petroleum Technology Research Centre (PTRC).

Notable Quotes

• Mansoor Jan, CEO: "We are thrilled to team up with a top-notch drilling company with an exceptional safety and performance record and highly experienced crew to help us make history in Saskatchewan. This is a big moment for our shareholders and we're ready to attack the Genesis trend with a best-in-class team as we pursue the world's first commercial natural hydrogen discovery."
• Steve Halabura, Chief Geoscientist: "To be drilling Canada's first deep natural hydrogen well as Max Power addresses the world's leading natural hydrogen experts and a large number of investors in Paris is extraordinary timing. Saskatchewan has the geology, the infrastructure, the entrepreneurial spirit and the momentum to supercharge the global natural hydrogen movement."