3D Seismic Survey Materially Expands Lawson Natural Hydrogen Discovery Target Area

The most recent release dated 2026-04-21 announces preliminary results from a 3D Seismic Survey at the Lawson Natural Hydrogen system. Key findings include: * Structural Closure: Delineation of a large, coherent structural closure of approximately 14.2 sq. km ("Lawson Central"). * Complex Size: Identification of a broader "Lawson Complex" encompassing approximately 28 sq. km. * Targets: Multiple discrete, high-priority drill targets identified above the gas-water contact. * Helium Potential: Data suggests an increasingly important Helium component within the system. * Context: This follows the April 2, 2026 announcement that a 47 sq. km 3D seismic survey was completed ahead of schedule with interpretations expected within weeks.

Assessment: Routine - Positive This news is categorized as Routine - Positive because it fulfills specific guidance provided in the April 2, 2026 release ("Preliminary seismic interpretations expected within the next 2–3 weeks"). While the delineation of a 14.2 sq. km closure is encouraging and supports management's "basin-scale" narrative, it represents an interpretation of geophysical data rather than a new drilling discovery or reserve estimate. * Expectations Met: The market was aware of the survey completion and the intent to interpret data. This release confirms the timeline and delivers the anticipated technical update. * Risk Mitigation: The identification of multiple drill targets reduces single-well risk, but does not eliminate exploration risk. No production or flow rates are confirmed in this specific release (unlike the Jan 2026 Lawson discovery). * Price Reaction Context: The stock has consolidated between $1.25 and $1.40 since the March financing. This news provides fundamental support for the current valuation but does not offer a new catalyst to break resistance immediately without follow-up drilling results.

• Company: MAX Power Mining Corp. is an energy exploration company focused on Natural Hydrogen and Helium in Saskatchewan, Canada, with a subsidiary (Homeland Critical Minerals) holding lithium assets in the U.S.
• Flagship Project: Genesis Trend / Lawson Discovery. Located near Central Butte, Saskatchewan. It represents Canada's first confirmed subsurface Natural Hydrogen system.
• Land Position: Approximately 1.3 million acres permitted + 5.7 million acres under application along a 475-km trend.
• Technology: Proprietary AI-assisted "MAXX LEMI" platform for targeting and data integration.